Here are a few reasons:

• Australia is a safe and reliable trading and investment partner and has solidified its position as the world’s 12th largest economy. The International Monetary Fund projects GDP to grow by 1.5% in 2024.

• In 2021, foreign direct investment in Australia was worth over $1 trillion. Australia’s strong trade and investment relationships with the world’s fastest growing economies, mean it is a natural gateway for international business, with preferential market access to the dynamic Asia-Pacific region.

• A number of cities in Australia have been mentioned in the top 12 of the most liveable cities in the world.

• Australian real estate has enjoyed incredible capital growth rates over the last two decades.

• Australia is multicultural and welcoming, with a highly educated and creative workforce.

• International investors, companies and talent are drawn to Australia’s reputation for quality and innovation across multiple industries, including research and education, agriculture and food, health, renewable energy and technology.

• Investors are fuelling Australia’s burgeoning technology sector that is one of the largest and most innovative in the southern hemisphere. Valued at over $167 billion, technology is now the third largest contributing sector to Australia’s GDP.

• Foreign investment in Australia is growing fast and the Government is focussed on reaching out to the world, to deepen trade ties and explore new opportunities for the benefit of all Australians. (Minister for Trade and Tourism)

• Australia is one of only nine countries to be rated AAA by all three major credit rating agencies. (Ministers Treasury)

• Australia has been ranked as the world’s third-best higher education system in the 2023 QS World University Rankings by Subject. (Insider Guides)