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Australian opportunities: low carbon
• Ratified Kyoto protocol in 2007 and introduced a price on carbon on July 1 2012
• Needs to double renewable energy use by 2020 to meet legally binding Renewable Energy Target (RET)
• Recently announced it will link its new carbon price to the EU carbon trading scheme by 2018
• Contact [email protected] for more information
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Australian opportunities: e-commerce
• Australians spent around £7 billion online in 2011
• Online sales grew 90% from 2010 to 2011
• Opportunities in sporting and outdoor goods, cosmetics and beauty products, books, media and fashion
• Goods under $1,000 bought overseas do not attract 10% GST
• Contact [email protected] for more information
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Australian opportunities: healthcare
• Rated as the best Healthcare market in the Asia Pacific region for doing business
• Australian healthcare industry currently generates revenue of A$92 billion (£57 billion) per year
• Forecast to rise to A$113 billion (£70 billion) within five years
• Contact [email protected] or read our healthcare sector briefing for more information FreeDigitalPhotos.net
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Opportunities for British Business in Australia and New Zealand - 2013 8
‘Australia today has an
extraordinary opportunity to be an integral part of the foundations
of the Asian century’
Hamish Tyrwhitt, CEO Leighton
Holdings
Australian infrastructure trends
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Australian opportunities: Infrastructure
• Industrial Communities - building infrastructure to support mining projects in remote locations
• Intermodal Hubs - integrating industry with city needs
• Sustainability – moving to ‘Smart’ & ‘Green’ precincts
• Renewable Energy
• Food Security – building infrastructure to cope with extreme weather and monsoonal cycles
• Contact [email protected] for more information.
Credit to Chris Ryan, OJO Images, Getty Images
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Australian opportunities: ports
• 99% of Australia’s exports by sea
• High demand for Australian resources (particularly commodities) has driven large ports investment
• £100 billion investment needed into new logistical infrastructure
• Read more about opportunities in the Australian ports sector
• Contact [email protected] for more information
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Australian opportunities: oil and gas
• UKTI estimates £85bn invested in Australian O&G in 2012
• Designated as UKTI High Value Opportunity for 2013
• Australian upstream oil and gas industry expected to grow at two to three times the rate of the economy for at least the next 15 years.
• Read more in the oil and gas sector briefing or contact [email protected]
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Opportunities for British Business in Australia and New Zealand - 2013 8
Australian opportunities: mining
• Australia’s currently going through a commodities boom largely driven by China’s rapid industrial development
• Significant mining areas of Australia:– Goldfields, Peel and Pilbara regions of
Western Australia
– The Hunter Valley in New South Wales
– Bowen Basin in Queensland
– Latrobe Valley in Victoria
• Mining and mining services industries have doubled in size from 2002-03 to be 20% of GDP in 2011-12
• Contact [email protected] for more information
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Australian opportunities: financial services
• Emerged from the global financial crisis relatively intact
• Finance and insurance is the largest sector in the Australian economy, worth more than £83 billion in 2011
• Australia has world’s fourth largest asset pool due to ‘superanuation’. Assets reached approx £900 billion June 2011
• Contact [email protected] for more information
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Australian opportunities: ICT
• ICT contributes 4.6 % of Australia’s GDP (AU $82 billion) IBSA Dec 2010
• Building v fast broadband network to cover 95% of population (in 8-10 yrs)
– At A$35.7 billion it’s the most expensive infrastructure project in Australia’s history
• Opportunities in e-Health, e-Learning, digital entertainment, e-commerce for mobile
• Internet usage in Australia is 90% penetration (5th best in the world)
• Contact [email protected] for more information
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New Zealand opportunities - Infrastructure
• $25 Billion in expenditure planned for the next four years over five main areas of infrastructure development
1. Transport
2. Telecommunications
3. Energy
4. Water
5. Social
• Focus on rebuild of Christchurch and Auckland Infrastructure
UKTI New Zealand – Opportunities for British Business 07/11/2012 11
Credit to Chris Ryan, OJO Images, Getty Images