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Country Analysis Report - Australia - In-depth PESTLE Insights
MarketLine, July 2011, Pages: 93
Introduction
The country analysis report on Australia provides a wide array of analytical inputs to analyze the country’s performance, and the objective is to help the reader to make business decisions and prepare for the future. The report on Australia analyzes the political, economic, social, technological, legal and environmental (PESTLE) structure of Australia. The report provides a holistic view of Australia from historical, current and future perspective. Insightful analysis on critical current and future issues is presented through detailed SCPT (strengths, challenges, prospects and threats /risks) analysis for each of the PESTLE segments. In addition, the PESTLE segments are supplemented with relevant quantitative data to support trend analysis. The PESTLE country analysis report series provides an in-depth analysis of 50 major countries.
Features and Benefits
- Understanding gained from the country analysis report on Australia can be used to plan business investments or market entry apart from a holistic view of the country.
- Political section on Australia provides inputs about the political system, key figures in the country, and governance indicators.
- Economic section on Australia outlines the economic story of the country to provide a balanced assessment on core macro-economic issues.
- Social section on Australia enables understanding of customer demographics through the income distribution, rural-urban segmentation and centers of affluence, healthcare and educational scenario in the country.
- Technological section on Australia provides strategic inputs on information communications and technology, technological laws and policies, technological gaps, patents data and relevant laws.
- Legal section on Australia provides information about the legal structure, corporate laws, business set-up procedures and the tax regime.
- Environmental section provides information on environmental policies in Australia and the performance in terms of important environmental indicators.
Highlights
PESTLE analysis of Australia identifies issues that affect the country’s performance through the prism of current strengths (strengths), current challenges (weaknesses), future prospects (opportunities) and future risks (threats).
The political landscape discusses the evolution of the political scenario in Australia in different periods. The economic, social, foreign and defense policies are considered in the political landscape section. It also discusses the performance of the country as per World Bank Governance Indicators.
The economic landscape describes the evolution of the economy of Australia in different periods. It also examines the country’s performance in terms of GDP growth, composition by sector (agriculture, industry and services), fiscal situation, international investment position, monetary situation, credit disbursement, banking sector and employment. The economic landscape also explains the financial system in the country, especially with regard to financial authorities/regulators.
The social landscape covers the demographics, education and healthcare scenario in Australia. The social welfare policies of the government along with the country’s performance in terms of healthcare, income distribution and education are also provided.
The technological landscape discusses the structure and policies in terms of Intellectual property, research & development, technology agreements/pacts; and policies related to the promotion of technology in Australia.
The legal landscape examines the structure of the judicial system, legislation affecting businesses, tax regulations, labor laws, trade regulations and corporate governance in Australia.
The environmental landscape in Australia discusses the environmental regulations and policies of the country. The performance of the country in terms of in terms of environmental indicators and impact of environmental policies is also examined.
'The Australian economy grew at a CAGR of more than 3% a year during 1991–2008, but then slumped to 1.3% in 2009. The economy was unaffected by the global slowdown in 2001, and grew at a significant rate of 2.9%. The economic growth rate did not significantly decline even when the country was hit by the worst drought in its history in 2003, as it dropped from 3.6% in 2002 to 3.5% in 2003. The buoyant growth was driven by sound macroeconomic policies and fiscal prudence. The growth rate increased to 3.8% in 2007 from 3.0% in 2006. However, the growth momentum decelerated to 2.3% in 2008 because of the global financial slowdown, and then slowed further to 1.3% in 2009. Following this, 2010 saw the economy rebound with growth of 3.0%. According to Datamonitor's forecast, the economy is expected to grow by 3.5% in 2011.'
Your key questions answered
- What is the outlook in terms of political stability, policies towards businesses, external front and popularity of government in Australia?
- What is the economic performance of Australia in terms of GDP growth, fiscal situation, international investment position, monetary situation, credit disbursement, and employment among other economic indicators?
- What is the performance of Australia in terms of healthcare, income distribution and education?
- What is the performance of Australia in technology intensive sectors like telecommunications and information technology, patents and R&D expenditure trends?
- What is the legal structure in Australia and are the laws conducive for investment?
- What is the performance of Australia in terms of environmental indicators and impact of environmental policies?
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