Part 1 - Presentation for UKTI Southwest on Aus & NZ business opportunities

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Part 1 - Presentation for UKTI Southwest on Aus & NZ business opportunities

  1. 1. Type your title and date here 00/00/0000 1UNCLASSIFIED
  2. 2. Presentation for UKTI Southwest on Australia & New Zealand Business opportunities Scott Strain Director of Trade, Australia and New ZealandType your title and date here 00/00/0000 2UNCLASSIFIED
  3. 3. Why Australia & New Zealand? • You’ll feel at home immediately: – Over 1,000 UK companies and more Brits than in any other country – Very similar business, legal and regulatory culture • Best performing OECD country economically, with good growth prospects • Strong Australian & NZ dollar making UK goods and services more affordable • Closely linked to fast growing Asia-Pacific nations • Massive opportunities for UK companies in oil and gas, health, ports, infrastructure, ICT, education, low carbon, financial and business services • Free trade agreements with China, the ASEAN nations and SingaporeType your title and date here 00/00/0000 3UNCLASSIFIED
  4. 4. Australia & NZ - an economic snapshot NZ Australia UK Population 4.4 million 22.5 million 62 million Global GDP ranking 55th 13th 7th GDP growth est. 2012 2.3% 3% 0.6% GDP per capita ($US 2011) $36,648 $40,800 $36,600 Ease of doing business (World 3rd 15th 7th Bank 2011) Unemployment (Sept 2012) 6.5% 5.1% 8.1% Land mass – sq kms 263,310 7 692 000 242 000 000Type your title and date here 00/00/0000 4UNCLASSIFIED
  5. 5. Australia – A brief geographical overviewType your title and date here 00/00/0000 5UNCLASSIFIED
  6. 6. UK/Australia trade links• UK exports to Australia grew by over 60% from 2007 - 2011 (to more than £10 billion)• UK’s overall exports contracted first half of 2012, to Australia rose• 7th biggest market for services exports and 18th largest for goods• UK is 2nd biggest foreign direct investor in AustraliaType your title and date here 00/00/0000 6UNCLASSIFIED
  7. 7. Australia – UK’s top export sectorsType your title and date here 00/00/0000 7UNCLASSIFIED
  8. 8. UK New Zealand trade links • UK is 3rd largest foreign direct investor in New Zealand (2011) • UK is NZ’s 7th largest trading partner • UK export of goods to NZ in 2011 totalled £667 million • UK exports to NZ primarily from the automotive, pharmaceutical and power generating equipment sectorsUKTI New Zealand – Opportunities for British Business 07/11/2012 8

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