Emigrate to Australia: powerhouse economy
10 October 2016 by News DeskEmigrate to Australia where business investment is growing and new jobs are being created every month.
Emigrate to Australia where new investment in manufacturing increased by 13% and total business investment was $28.71 billion in the June quarter 2016.
Spending by businesses on equipment, plant and machinery rose 2.8%, with the non-mining sector driving growth.
A major growth area is agriculture where Aussie farmers are investing heavily in the adoption of new digital technology to improve productivity.
Investment by Australian dairy and broadacre farms began to soar in 2012 with annual capital expenditure on technology and expansion rising to more than $2 billion.
Australia’s car-making industry is changing fast with major brands pulling out of traditiobnal vehicle production, particularly in Victoria. But car makers are not abandoning Australia.
Ford is keeping its Asia-Pacific product development centre in Victoria as part of its $300 million annual investment in Australia. Holden is to also keep vital facilities in Australia.
Emigrate to Australia: jobs and growth
In Victoria alone the manufacturing sector added 14,600 workers over the twelve months to August with major investments in transport, defence and new green energy projects.
“Some traditional industries are changing and maybe in decline but Australia is changing with the times and demands of the global market,” says Darrell Todd founder of thinkingaustralia.
“Mining may have taken a hit but across the country the economy doing very well; employers are confident, jobs are being created. There’s no better time to live and work Down Under.”
Australia remains a powerhouse nation, its economy generating $1.6 trillion every year.
In the 12 months to June 2016 Australia’s economy grew up 3.3%, continuing its record of more than 25 years without a recession.
Want to Emigrate to Australia? Click here for expert help: Skilled Migration to Australia
Want to get a job Down Under? Click here for expert help: How to Get a Job in Australia
Click here for expert help with travel visas: Travel Visas to Australia
Click here for tourist information about Australia: Visit Australia
