Australia a Top Ten destination for foreign investment

For the fourth consecutive year Australia remains in the Top Ten global destinations for foreign direct investment (FDI) according to the UN Conference on Trade and Development’s (UNCTAD) World Investment Report 2015.

Over the three years to 2014, Australia attracted a total of 162 billion USD in FDI flows, up nearly 30 percent from 125 billion USD over the previous three years. This impressive growth has raised Australia’s share of global FDI flows to 4.2 percent in 2012-14 from 3.1 percent in 2009-11. In contrast, developed economies’ share of world FDI flows fell to 41 percent in 2012-14 from 53 percent in 2009-11.

Australia’s strong performance reflects our competitive position in the global economy. The country’s stable economic growth, strategic location, increased global trade and investment ties, and proven record of innovation all position Australia as an attractive investment destination.

(Source: Australian Trade Commission, www.austrade.gov.au)