Powerouth Energy Distribution Report

From a macro perspective, changes on inflation rate, in some cases the foreign currency rate and etc. can bring major effects on the companies. According to a PwC dairy industry report, Australia exports approximately half of domestic dairy production. This makes the country the third largest exporter in the world, taking up 10% of the global export market.

The EU and Australia end the negotiations for economic and trade cooperation supplying. Australia is the most important economic and trading partner for the EU, China and Japan. The EU and Australia are like-minded partners who share many common concerns in today’s global trade environment , for instance initiative for further rebel trade in green goods, trade in services, and others.

With a GDP of over $1 trillion USD, the Australian economy is among the largest in the world (Cornett and Saunders, 2014). Australia is trading partners with the United States, China, and Japan, but their economic ties are mainly centered in the Pacific Rim. Exports are crucial to the country’s GDP and this has created problems regarding sustainability in the Australian economy.

i.e., Australia has witnessed nearly ~50% drop in industrial commodities exports, particularly in iron-ore and coal markets due to stringent corrective measures taken by the Chinese government on “coal quality”.

The products of which the countries in Asia supply tend to be stuff like shoes, homewares, clothes, toys and electronics. I think Asia supplies majority of the goods as many companies have their factories in China. This may be due to the fact that Chinese are ‘flexible’ with their work. When someone is ‘flexible’ with their work it means that they will work long hours and take very little breaks for little money as well, saving the company money and time. This does not happen in many countries as it is against the law for people, depending on their age, to work for too many hours in one day and for every so many hours they have to have a break of some form. Another reason as to why we get so many imports from Asia could be because they are the closest continent to Australia and hence don’t have to pay as much for transport. On the other hand, we do not get any products from the countries in Africa. This would be partly because they are in debt to other countries and because in order to get their products to Australia not only do they have to pay for transport, but also for tariffs in order to get their products into Australia; this is an import tax. On top of this, they are becoming even more bankrupt due to the digital divide, where other rich countries can afford to buy new technology and equipment, countries in Africa cannot, putting them even further behind as other countries

Although Australia may be perceived as very similar to the United States in many of their business practices as well as their culture, there are important differences to be aware of if interested in doing business in this country. The United States’ highly competitive, capitalistic nature breeds stiff competition, which is slightly different than the business culture of Australia.

Iron ore is Australia’s largest international export, accounting for 22% ($54 billion) of its total export economy (Simoes, 2015). The largest recipient of Australian commodities, by far, is China, accounting for 29.12%, followed by Japan at 19.67%, South Korea at 8.35%, and India at 5.27% (Simoes, 2015). Over the past decade, iron ore has become increasingly important to Australia’s economy, increasing from $17.7 billion in 2001 to an astounding $110.9 billion in 2011 (DFAT, 2012). Blessed with an abundance natural resources, Australia has helped fuel the rising industrial powers of many East Asian countries over this period, as commodity prices soared an average of 23.2% per year, compared to just 4.8% for other exports (DFAT, 2012). However,

In short, over the last half century Australia's exports have shifted from predominantly agricultural products to minerals, while its trade partners have shifted from Europe to Asia. The U.S. remains Australia's largest source of imports and (after Japan) its second largest export customer. Those shifts in trade patterns have been accompanied by shifts in immigration.

This report is the analysis of two Australia 's trade partners China and India. It will explore and deliver a suggestion which country should the company choose to move in taking into consideration relevant economical factors leading towards repatriating 80 percent of the

Additionally, most of the clothing industries operating in Australia, one or two companies are specialized in the production of a lot of products which are normally sold at the national level, again a good number of smaller clothing companies work in local, in cities or within the state territories. The diversity of the market looks more fruitful for companies to serve in a specialized niche market and to build a number of semi-monopolistic market spaces. Clothing market and some of the similar industries in Australia are always determined by the climatic condition and people's lifestyle. This decides how the people spend on clothing and the kind of clothes which normally being bought, for example clothes such as sports wear and casual wear. It's however,

Australia has been traditionally considered a favourable market for British businesses and many have expanded into Australia in a wide range of industries. Major UK investors in Australia include Shell, BP, British Aerospace, BT and Vodafone (Dfat.gov.au, 2015).

As Australian firms develop and deliver services and products to Asia, they drive incomes and living standards for Australians. Non-resource exports to Asia already generate A$65b of revenue while Australian has A$74b of direct and portfolio investment in Asia. Yet despite the rapid growth of Asia, Australia’s share of non-resource imports into the region has fallen over the past decade. If Australia could arrest this decline or even increase its non-resource share of Asian imports to peak levels of 2001 Australia could gain between A$10b and A$30b in annual export revenue by 2021. Over the next decade this could be worth between A$60b-A$125b in total value for the Australian economy. These estimates do not account for revenue from Australia’s direct and portfolio investment stock in Asia and further revenue from Australia’s direct and portfolio investment stock in Asia and further revenue likely to flow from the increased resilience and adaptability of Australia’s institutions and firms

Obscured by the enticement of Asia the Latin American market has been overlooked by major Australian companies. Recent studies show Latin America to be much more appealing for Australian companies than predicted. When it comes to marketing dimension, the largest Latin National market segments – Brazil, Chile, Argentina tends to be compelling for Australian trade as Chile and Brazil are major trade partner in Latin America. The Latin America region has witnessed swift adjustment economically and politically in the recent years which accelerated it’s opportunities of trade with Australia. The acceleration in economic growth of Latin America has created demand for diversified products in the region which has further created

Australia has also stated that they would be interested in creating trade deals with the United Kingdom. In fact they stated that they would be interested in creating a free trade agreement with the United Kingdom post Brexit. Although they also stated that first they will look into free trade deals with the European Union as well. The United Kingdom and Australia already have a close relationship and will likely establish trade deals post Brexit.

Australia has been involved in trade, investment, financial flows,technology transfers (from one place to another) and the moving (from one place to another) of labour since its foundation as a colony. These are all parts of a worldwide economy. What has changed is the size, direction and influence of these movements (from one place to another), especially since 1980. There are some factors that have helped this change. They include: