Metropolitan Sydney

Sydney is one of the best places in the world to invest.

Australia is a politically and economically stable democratic nation that provides a low risk business environment. It has flexible, accountable financial practices, open regulation and transparent government policy.

Laws

The legal system in Australia is a mixture of common law and statute, and both domestic and foreign companies have the same standing before the law.

Australia has among the world's most effective competition laws and an independent judiciary. Australia's intellectual property protection is ranked first in the Asia Pacific.

Time zone advantage

Sydney's time zone, 10 hours ahead of GMT, spans the closing of the North American business day and the opening of business in Europe. Sydney's market trades ahead of Tokyo, Hong Kong and Singapore.

Favourable tax system

The company income tax rate is 30 per cent in Australia. There are no restrictions on capital flow, profit remittances, capital repatriation, transfers or royalties and trade-related payments.

Competitive business costs

Sydney offers a global city office location at an affordable price and is less expensive than London, Hong Kong, Beijing, Tokyo, Moscow, New York and Paris.

Its advantage as an Asia Pacific business base includes the threefold benefits of lower salaries for highly skilled labour and economical operating and infrastructure costs.

World class infrastructure

Sydney and the State of New South Wales offer reliable communications, transport, utilities, business support services and superior commercial property, at more competitive costs than other major Asian business centres.

Sydney has a world class telecommunications infrastructure. Australian domestic networks consist of fibre-optic, wireless, satellite and microwave systems. Fibre-optic is the predominant technology, and Australia has one of the highest internet penetration rates in the world, above the USA.

Educated workforce

Sydney and surrounding regions are home to a multilingual and well educated workforce. Around 2.6 million people, or almost 53% of the State's residents aged 15-64, are tertiary educated.

With over 25 per cent born overseas, more than 1.5 million NSW residents speak a language other than English at home.

These language skills provide a business advantage for export-oriented Australian companies.

Business and skilled migration

Australia's immigration system allows entry of specialist staff into Australia on a temporary or permanent basis where vacancies cannot be filled from the local labour market or through training.