Foreign investment is integral to the Australian economy. It is an open, well-regulated economy with a highly skilled workforce. Furthermore, Australia has been considered one of the world's major 'immigration nations' for decades.
Australia is internationally renowned as a secure economy with a AAA Credit rating, attracting global investors seeking investments with reputable credit risk. The key underlying economic drivers supporting stability are unemployment, government bond, and cash rates.
Through the global pandemic, economic prosperity remained stable, as seen from a multitude of economic indicators. The seasonally-adjusted unemployment rate declined from a peak of 7.5% in July 2020 to 4.6% as of September 2021, underlining a resilient and growing labor market. Anchoring investor sentiment is a low 10-year government bond rate with a risk-free rate of return of 1.85% as of November 2021. Market sentiment is driven by the Reserve Bank of Australia's (RBA) historically low cash rate at 0.10%, remaining until at least 2021 (dependent upon inflation and wage growth).
The Australian lifestyle presents a desirable opportunity for the international community: high quality of life, low population levels and low pollution with fresh air. More than 80% of the Australian population lives within the coastal zone, surrounded by beaches and national parks.
Australia presents prosperous job opportunities for skilled workers and has a multi-cultural population.
Additionally, world-leading educational facilities and accessible public transport networks, underpinned by strong residential construction and global demand for natural resources establish Australia as a prominent immigration destination.