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Australia’s position as the sixth largest country in the world, a per capita GDP comparable with European economies such as the UK and Germany, and a trade policy supporting liberalisation and increased economic activity, all make Australia an attractive destination for British businesses. Key economic reforms implemented since the 1980s have transformed Australia into an open, internationally competitive, trade oriented economy. Australia’s proximity to Asia Paciﬁc and the demand for mineral exports like iron ore, coal and copper from countries such as China, has helped its continuous growth and resilience during recent global ﬁnancial and economic downturns. The economic growth has recently slowed, but still achieved 3.1% year on year, and the Q4 2012 interest rate reduction to 3%, intended to counteract a slowdown in the mining sector and assist other sectors in keeping the economy growing, mean opportunities for British businesses are signiﬁcant.
Country Facts Currency GDP Area Population Capital City Ethnic Groups Languages Australian Dollar (AUD) US$1.463 trillion 7,741,220 sq km 22.1 million Canberra White 92%, Asian 7%, Aboriginal and other 1% English 78.5%, Chinese 2.5%, Italian 1.6%, Greek 1.3%, Arabic 1.2%, Vietnamese 1%, other 8.2%, unspeciﬁed 5.7%
Source: CIA World Factbook
Katherine Wyndham Derby
Normanton Mount Isa
The shared language, culture and history make Australia an easier country for companies looking to start out in international trade, and its proximity to Asia Paciﬁc means Australia provides a gateway for British businesses looking for further expansion.
Sources: DHL, UKTI, Foreign & Commonwealth Ofﬁce, BBC
Northern Territory Yulara Alice Springs
Western Australia Carnarvon
Uluru (Ayers Rock)
Coober Pedy South Australia Toowoomba Bourke Broken Hill Tamworth Gold Coast Coffs Harbour Newcastle
Fremantle Bunbury Albany
Kalgoorlie Port Augusta Esperance Port Lincoln
New South Wales Wagga Wagga
Canberra Australian Capital Territory
Victoria Albury Ballarat Bendigo
Devonport Tasmania Launceston Hobart
DHL Australia Fact Sheet
DUTY FREE ALLOWANCE: 1,000 AUD
Imports into Australia
Example DHL Express Transit Times In working days, from collection to delivery at ﬁnal destination Major centre Inc. Adelaide, Brisbane, Darwin, Melbourne, Perth and Sydney Albany Western Australia Derby Western Australia Alice Springs Northern Territory Katherine Northern Territory Port Augusta South Australia Mount Gambier South Australia Normanton Queensland Rockhampton Queensland Coffs Harbour New South Wales Wagga Wagga New South Wales Canberra Australian Capital Territory Bendigo Victoria Devonport Tasmania Document: 3 days Dutiable Shipment: 4 days Document: 5 days Dutiable Shipment: 6 days Document: 5 days Dutiable Shipment: 6 days Document: 5 days Dutiable Shipment: 6 days Document: 8 days Dutiable Shipment: 9 days Document: 5 days Dutiable Shipment: 6 days Document: 5 days Dutiable Shipment: 6 days Document: 7 days Dutiable Shipment: 8 days Document: 5 days Dutiable Shipment: 6 days Document: 5 days Dutiable Shipment: 6 days Document: 5 days Dutiable Shipment: 6 days Document: 5 days Dutiable Shipment: 6 days Document: 5 days Dutiable Shipment: 6 days Document: 6 days Dutiable Shipment: 7 days
Source: DHL, CIA World Factbook
US$242.2 billion Import commodities Machinery and transport equipment, computers and ofﬁce machines, telecommunication equipment and parts, crude oil and petroleum products Top Import Origins China, USA, Hong Kong, Germany, UK
Exports from Australia
US$271.1 billion Export commodities Coal, iron ore, gold, meat, wool, alumina, wheat, machinery and transport equipment Top Export Destinations New Zealand, USA, China, UK, Hong Kong, Singapore
DHL Australia Fact Sheet
• Commercial invoices must include the receiver’s and shipper’s details, quantity of goods and a full description of the goods (not just commodity codes); for example 100% Cotton T-Shirt. Brand names in place of a description are not accepted. • To send Pharmaceutical products to Australia, approval is required from the Australian Department of Health. The receiver must also hold an import licence. • All alcohol and tobacco is subject to high duty and taxes • All plant and animal material is subject to quarantine inspection; this includes items such as seeds, stone/mineral samples for analysis and leather goods.
PROHIBITED AND RESTRICTED ITEMS
Australian Customs prohibit or restrict the import of the following items into Australia. Logistics providers will also have a list of items that are prohibited or restricted for transport to any location, for example dangerous goods.
• Anabolic or androgenic substances • Antibiotics • ANZAC • Asbestos • Australian ﬂag and coats of arms • Cat and dog fur products • Ceramic ware - glazed • Cetaceans (whales, dolphins and porpoises) • Chemical weapons • Chewing tobacco and oral snuff • Cigarette lighters • Cosmetics - toxic materials • Credit cards - counterfeit • Crowd control equipment • Cultural and heritage goods - general • Cultural and heritage goods from Papua New Guinea • Diamonds - from Cote d’Ivoire • Diamonds - Kimberley Process • Dog collars - protrusion • Dogs - dangerous breeds • Drugs and narcotics • Embargoed Countries (UN Sanctions) • Embryo clones - viable materials • Endangered animal and plant species - CITES • Erasers - novelty • Explosives, plastic • Firearms and ammunition • Fish and toothﬁsh • Fly swatters/mosquito bats - electronic • Growth hormones and substances of human or animal origin • Hazardous waste • Hydroﬂurocarbons (HFCs) • Incandescent lamps • Kava • Knives and daggers • Laser pointers • Money boxes, novelty - toxic materials • Ozone depleting substances/Synthetic Green House Gases • Pencils and paintbrushes - toxic materials • Pesticides • Polychlorinated Biphenyls, Terphenyls and Polyphenyls • Pornography and other objectionable material • Radioactive substances • Suicide devices • Tablet presses • Therapeutic drugs and substances • Tobacco - unmanufactured leaf • Toys - toxic materials • Trade Practices Act goods • Weapons • Woolpacks
Source: Australian Customs and Border Protection Service
For more information If you need support with your export documentation or advice on trade to Australia, contact your local British Chambers of Commerce ofﬁce. DHL Customer Services is also available on 0844 248 0844.
Valid from: 02/2012 | Version: 01