Market information about Australia
Australia is one of the world's largest economies by GDP. It is an attractive market for Norwegian businesses thanks to its proximity to Asian markets, highly educated workforce, competitive corporate tax rates and stable political system.
Australia as a market
The Australian economy is largely based on the extraction and export of natural resources. Australia is a major energy producer and a leading exporter of liquefied natural gas (LNG). The government has invested significant sums in Australian oil and gas projects, and international technology companies are in high demand. This creates major opportunities for Norwegian expertise and technology.
Other sectors of particular interest include renewable energy (wind, solar and bioenergy), the maritime sector, education, healthcare and the defence industry.
Get in touch with the embassy for more information about Australia.
Published 3 Jul 2023Last updated 6 Nov 2024
This page is translated with the assistance of AI