The economy of Australia has experienced a continuous growth with low unemployment, it is a

highly develop market economy. The economic center is Sydney followed by Melbourne.

The annual inflation rate in Australia fell to 1.3 percent in the first quarter of 2019 from 1.8 percent
in the previous period and missing the market expectations of 1.5 percent.

Its GDP was estimated at 1.420 trillion in 2018, in 2018 Australia became the country with the largest
median wealth per adult. In 2017, Australia was the 13th-largest national economy by nominal GDP
and was the 25th-largest goods exporter and 20th-largest goods importer.

The Australian economy is dominated by its service sector, comprising 61.1% of the GDP and
employing 79.2% of the labour force in 2016.

Per Capita GDP (PPP) Australia is ranked 18th in the world (CIA World Factbook 2016), and was
estimated at 1.318 trillion in 2018.

As of August 2019, the Australia labour force were employed mostly in the Health care and social
assistance industry with 1723600 employers.

In 2017 Australia imported $199B, making it the 22nd largest importer in the world. During the last
five years the imports of Australia have decreased at an annualized rate of -3.4%, from $240B in
2012 to $199B in 2017. 24% of imports correspond to machines, 12% correspond to mineral
products, 6.4 % to chemical products and foodstuffs with 4.5%.

Factors impacting the Australian construction machinery market include increasing government
investment in infrastructure development, stringent emission norms, grey markets (illegal imports
of construction machinery), economic growth, changes in oil prices, etc.

Food and beverage industry

Food and beverage is a major industry sector for the Australian economy, in terms of both its
financial contribution and employment. Food and beverage processing is Australia's largest
manufacturing industry. Industry players are diverse in size - from multinationals producing large
volume fast-moving consumer goods through to smaller players with flexibility to meet demand for
niche gourmet items. The industry is highly dynamic driven by demanding consumers seeking
diversity, quality and value. The ethnic and cultural diversity of Australia is reflected in the food
range available. Right across the supply chain, the Australian food and beverage industry has
adopted innovative manufacturing, packaging, product development and marketing efforts. From
paddock to port, the industry is supported by reliable and world-class transport and distribution
infrastructure.

Healthcare industry

Healthcare sector had rapid development and change the last year. With the Government set to
deliver more than $30 billion in additional public hospital funding under a five-year National Health
Agreement, Australia is set to see a boom in hospital infrastructure development with funding
increasing for every state and territory. On the technology front 2018 has been an interesting year
- with advancements in robotics, Artificial Intelligence, Augmented and Virtual Reality, and wearable
devices providing new care opportunities, especially for aging and rural populations.
Energy industry

The Australian energy industry encompasses all economic activity in relation to the generation,
distribution and supply of electricity and gas to end users.

The electricity is created in generators, which themselves are typically powered by coal, gas,
hydroelectric sources, wind and solar farms. (In rare cases, generators are also powered by
biomass.) Using gas to generate electricity can be done in one of three ways: Gas can be combusted
to move either a gas turbine, steam turbine, or a reciprocating engine, with the result that these
devices output electricity.

Gas is extracted from naturally occurring underground wells. Areas rich in gas are commonly
described as “gas fields”.

Aeronautic industry

Australia is a major buyer of US aircraft parts (HS8803, USD463 million, third largest); powered
aircraft (HS8802, USD666 million, second largest); helicopters > 2000kg (HS880212, USD269 million,
third largest) and overall for aircraft, spacecraft and parts thereof (HS88, USD2536 million, 15th
largest). In 2016, Australia was the largest importer of US helicopters worldwide. Aircraft
manufacturing and repair services in Australia generate revenue of USD3 billion – including exports
of USD1.5 billion. Boeing Australia has the leading local market share at 38.1% with revenue of
approx. USD1.15 billion (AUD1.5 billion), and Boeing maintains its largest presence outside of the
United States in Australia.

The Australian aerospace and aviation industry is a mix of small and medium enterprise (SME)
subsidiaries that supply parts, engineering services, and expertise. Local firms specialize in repair,
maintenance, airframe component manufacturing, airport systems, infrastructure, avionics, aero
engine, and engine component manufacturing. A select group of specialists carries out commercial
aircraft maintenance.

There are 15,512 aircraft on Australia’s civil aviation register of which 11,551 are powered aircraft;
2259 are helicopters; 996 are gliders; and 423 lighter than air. Leading brands are Cessna (3622),
Piper (1839), amateur built (1588), Robinson Helicopter (1160), Beech (634), Bell Helicopter (286),
Kavanagh Balloons (284), Boeing (257) and De Havilland (237) and Schempp-Hirth Flugzeugbau
GmbH (187). There are over 700 design, maintenance, maintenance training, parts manufacturing
and parts distribution organizations. Australia is a key market in, and a major distribution point for,
the Asia Pacific.

Australia has a large civil helicopter fleet (2259), ranking fifth worldwide. Helicopters are well suited
to supporting remote oil, gas and mining projects as well as island tourist resorts, aeromedical and
rescue services, and large agricultural properties. Australia was the largest buyer of US helicopters
in 2016.