Aviation and Aerospace - Invest Victoria
Aviation and Aerospace - Invest Victoria
Aviation and Aerospace - Invest Victoria
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Why Melbourne, Australia<br />
Melbourne enjoys one of the strongest economies <strong>and</strong> most enviable lifestyles in<br />
the developed world.<br />
Five reasons above all else make Melbourne, Australia<br />
a great investment choice:<br />
1. A competitive <strong>and</strong> dynamic business environment<br />
that is strategically located<br />
2. A skilled <strong>and</strong> innovative workforce<br />
3. World-class infrastructure that is globally connected<br />
4. An enviable lifestyle<br />
5. A supportive government<br />
A competitive <strong>and</strong> dynamic business<br />
environment<br />
Consistent economic growth<br />
<strong>Victoria</strong> punches above its weight, accounting for 24%<br />
of Australia’s economy. The state enjoys consistently<br />
strong economic growth, with an average growth rate<br />
of 3.8% in the 10 years to 2007-08.<br />
In the face of the Global Financial Crisis of 2008-<br />
09, Australia fared better than any other advanced<br />
economy <strong>and</strong> was the only OECD country to record<br />
positive economic growth over this period. <strong>Victoria</strong> led<br />
the nation in job creation during this time.<br />
Strategically located within the Asia Pacific, the<br />
<strong>Victoria</strong>n economy is globally connected. Its exports<br />
totalled over $33 billion in 2008-09. The state’s<br />
proximity to key emerging markets in Asia is opening<br />
up exciting opportunities from agricultural produce<br />
to advanced manufacturing, resources <strong>and</strong> the rapidly<br />
growing services sector.<br />
Efficient <strong>and</strong> open regulatory environment<br />
With an AAA rating from St<strong>and</strong>ard & Poors <strong>and</strong><br />
Moody’s, <strong>Victoria</strong> offers an attractive investment<br />
environment with sound financial institutions.<br />
Doing business in <strong>Victoria</strong> is easy. In only two steps<br />
<strong>and</strong> two days, it is quick to start a business. <strong>Victoria</strong><br />
leads Australia in delivering regulatory reform to create<br />
a more competitive economy.<br />
Dun <strong>and</strong> Bradstreet’s latest Country Risk Indicator<br />
from April 2010 sees Australia in equal first place,<br />
making it one of the safest countries in the world in<br />
which to invest.<br />
The Civil <strong>Aviation</strong> Safety Authority (CASA) is<br />
responsible for the safety regulation of civil air<br />
operations in Australia.<br />
Strategic location<br />
<strong>Victoria</strong>’s time zone bridges European <strong>and</strong> US working<br />
hours, enabling around-the-clock operations.<br />
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