7 months ago

Current Business Trends in Brisbane

i. the demographics of

i. the demographics of participating businesses including size, experience and the role of international earnings ii. the nature of businesses’ engagement with the global economy, including trade, inward and outward investment, R&D and other activities as well as the markets in which they earn their highest revenues iii. the profiles of goods and services exporters to FTA markets, including the mode of delivery of services exports and the nature of the barriers faced iv. the reasons why companies are not engaged in international activity and the most valued forms of support for companies to start exploring international activity v. the outlook for their international operations and views on the impact of key international events comprising the US presidential elections and the UK vote for Brexit Austrade invites Australian organisations that are undertaking international business activities to share their insights and experiences in Australia’s International Business Survey (AIBS). Now in its fifth year, the AIBS collects information about the challenges, opportunities and issues faced by companies of all sizes and across all industries as they engage in global trade. The survey is one of the largest studies of its kind into Australia’s international business behaviour. The results will provide a deeper understanding of the business, regulatory and market issues that your company must navigate, the support you need to succeed, and the outlook for your operations. The survey takes 20 minutes to complete and individual results are confidential. Austrade’s survey partners are the Export Council of Australia (ECA) and the Export Finance and Insurance Corporation (Efic). By participating in the AIBS, you are eligible to receive a discount on ECA membership and a copy of the 2018 survey report. In addition, you can attend an exclusive webinar where Austrade’s Chief Economist Mark Thirlwell along with the chief economists of Austrade’s survey partners will analyse the results of the AIBS and provide you with economic insights on trends in global trade. Conclusions Brisbane has some of the strongest economic prospects in the world of the developed countries. The demand for the city’s natural resources has brought Brisbane to an enviable position. Due to its positioning it is able to capitalise on its present position of strength and consequently an estimated growth of 6 percent in 2015-16 is not an impossible target. Further, it should not be left unnoticed that the Queensland State Government has been determined towards developing science and technology industries not only in Queensland but also in the cities that compose it, in particular Brisbane as a part of its ‘Smart State’ development initiative. Along with this, the government has made a big investment in the establishment of various biotechnology, research and analysis facilities in many of the prestigious

universities in Brisbane with a motive to help maintain the swift development and progress of its economy. Some of these Institutes are The Institute for Molecular Bioscience, Saint Lucia Campus and in respect of its initiative for research and innovation the same is currently being emulated at the Queensland University of Technology (QUT) References i. The Mind of a Leader, Rasmus Hougaard, Jacqueline Carter ii. How to Build an Online Business, Bernadette Schwerdt iii. Creative Business in Australia by Lisa Andersen, Paul Ashton and Lisa Colley iv. v. vi. vii. viii. ix. x. xi. xii. xiii. xiv. xv. xvi. xvii. xviii. xix. xx. xxi. xxii. xxiii. xxiv. xxv. xxvi. xxvii. xxviii.

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