DOING BUSINESS WITH KANGAROO

Presentation by : Vishal
 Australia
•Location: Oceania, continent between the Indian Ocean and the South
Pacific Ocean.
•Capital: Canberra.
•Climate: Generally arid to semiarid; temperate in south and east;
tropical in north.
•Population: 1,99,13,144 (July 2004 )
•Ethnic Make-up: Caucasian 92%, Asian 7%, aboriginal and other 1%
•Religions: Anglican 26.1%, Roman Catholic 26%, other Christian24.3%,
non-Christian 11%, other 12.6%
•Government: Democratic, federal-state system recognizing the British
monarch as sovereign.
•Languages- English is the primary language used in Australia. Yet their
colourful vocabulary, accent, phonetics system and slang ('Strine')
 Geography

•The continent of Australia, with the island state of

Tasmania, is approximately equal in area to the United States
(excluding Alaska and Hawaii).
•Mountain ranges run from north to south along the east
coast, reaching their highest point in Mount Kosciusko (7,308
ft; 2,228 m).
•The western half of the continent is occupied by a desert
plateau that rises into barren, rolling hills near the west
coast.
•The Great Barrier Reef, extending about 1,245 mi (2,000
km), lies along the northeast coast.
•The island of Tasmania (26,178 sq mi; 67,800 sq km) is off
the southeast coast.
 History
•The first inhabitants of Australia were the Aborigines, who migrated
there at least 40,000 years ago from Southeast Asia.
•There may have been between a half million to a full million
Aborigines at the time of European settlement; today about 3,50,000
live in Australia.
•Dutch, Portuguese, and Spanish ships sighted Australia in the 17th
century; the Dutch landed at the Gulf of Carpentaria in 1606.
•In 1616 the territory became known as New Holland.
•A British penal colony was set up at Port Jackson (Todays now Sydney)
in 1788, and about 1,61,000 transported English convicts were settled
there until the system was suspended in 1839.
•Free settlers and former prisoners established six colonies:
•New South Wales (1786), Tasmania (1825), Western Australia (1829),
South Australia (1834), Victoria (1851), and Queensland (1859).
Australia became known for its liberal legislation: free
compulsory education, protected trade unionism with industrial
conciliation and arbitration, the secret ballot, women's suffrage,
maternity allowances, and sickness and old-age pensions
 Government

 
Democracy. Symbolic executive power is vested
in the British monarch, who is represented
throughout Australia by the governor-general.
 Festivals

•Adelaide Fringe Festival

•Murray River International Music Festival
•Nannup Music Festival
•Perth International Arts Festival
•Sydney Gay and Lesbian Mardi Gras
•The Annual Glebe Music Festival in Sydney
•The National Festival of Australian Blues Music
•The Australian Federation Tattoo
•Tropfest
 Sports

•Alice Springs Masters Games

•Athletics Australia
•Australian Cricket Board
•Australian Football League
•Cycling in Canberra, Australia
•Fishing Australia
•Fishraider
•Golf Australia
•Gymnastics Australia
•Rugby League Hall Of Fame (Australia)
 Australian Capital Territory
• The Australian Capital Territory was established under the Commonwealth
Constitution as the area for the national capital (Canberra) and was transferred
from New South Wales to the Commonwealth in 1909.
• The Australian Capital Territory achieved representative self-government as a
Territory of the Commonwealth in 1989.
• It has a unicameral parliament, the single chamber being called the Legislative
Assembly.
• The Australian Capital Territory Legislative Assembly since 1989 can be found
in this database together with information about parties, representation and
governments.
• The residents of the Australian Capital Territory and the Northern Territory did
not regain full representation in the Commonwealth House of Representatives
until 1966, and in the Commonwealth Senate until 1975.
• The terms of the two senators from each of the territories is limited to the
period between elections for the House of Representatives, Senate elections
for territory senators occurring at every House of Representatives election.
 Economy

•Over the last two decades, Australia's economy has experienced

positive reforms that have boosted its economy, and raised its
standard of living.
•Australia is today riding the commodity boom, in particular
signing massive contracts with China to feed the fastest growing
large economy in the world with the raw materials and energy it so
badly needs.
•Australia is the thirteenth largest economy in the world. As of
2009, Australia GDP was estimated to be $920 billion.
•Even during the Financial Crisis, Australia kept growing, managing
0.732% thanks to its commodity exports.
•Forecasts suggest growth will continue at least for the next five
years, peaking at 3.4% in 2012.
 Australia Economy Rankings
•Ranked second in the United Nations 2009 Human
Development Index
•First in Legatum's 2008 Prosperity Index
•Sixth in The Economist worldwide Quality-of-Life Index
for 2005
•Melbourne was listed 2nd in The Economist's 2008
World's Most Livable Cities list (Perth was 4th, Adelaide
was 7th and Sydney was 9th)
•As of 2010, the Australian Securities Exchanges ranks
9th in the world, following the 2006 merger of the Sydney
Futures Exchange and the Australian Stock Exchange.
•Australia is part of the WTO, G-20, Group of Twenty
 Australian Trade and Investment Strategies
Institutional Structures for Trade Promotion
•Australia-India Joint Ministerial Commissions (JMC) are held regularly,
enabling interaction at a government and business level on a range of
issues.
•The JMC is held concurrently with a joint meeting of the India-Australia
Business Council
• There are also working groups in specific areas, such as the Joint
Working Group (JWG) on Energy and Minerals, and JWGs on Science
and Technology, Education, and Tourism.
Export Opportunities
•Prospects for trade with India continue to improve as trade
liberalisation progresses.
• The IMF, in its annual Article IV consultation on India in 2006, noted
recent reductions in tariff rates and encouraged the Indian Government
to accelerate the timeline for reducing tariffs to ASEAN levels.
Trade Successes
Cochlear -Cochlear is the innovator and manufacturer of a
unique hearing implant system designed to give customized
hearing solutions.
• Cochlear first came to India in early 1990s. With Austrade
assistance, Cochlear has now entered into marketing agreements
in Bangalore and New Delhi.
FAT Systems Pvt Ltd.-
•FAT Systems is involved in the blending of Ethanol with Diesel.
•The company has established an office in Bangalore - India. FAT
Systems has recently been awarded a CDM (Clean Development
Mechanism) from the United Nations Framework for Climate
Change.
•This is the first BioFuels project in the world to be awarded a
Clean Development Mechanism.
GHD
•GHD is a global Engineering Services company established in 1928 and is
ranked in the world's top 30 engineering and architecture companies.
•GHD serves the global markets in the Infrastructure, Mining & Industry,
Defence, Property & Buildings and the Environment sectors.
• GHD operates in 14 countries and has an integrated network of offices
throughout Australia, New Zealand, the Middle East and the Americas
•The India office was set up in January 2009 in Hyderabad as the South
Asia HQ.
Leighton Contractors Pvt Ltd
•Leighton set up an office in Mumbai in 2004 and is having considerable
success in winning offshore oil and gas projects.
•Leighton constructed a Nokia factory worth in excess of $200m and a
Flextronics plant worth over $150m and are currently building a Motorola
plant.
•Its most recent success is an offshore oil pipeline project in Vizag for the
Hindustan Petroleum Corporation Limited
Macquarie Equities
•Macquarie set up an office in Mumbai in mid 2005 to report on the local
equity scene for their overseas clients, and has already hired around fifty
local specialists.
• A property division was set up in 2008 and Macquarie is currently
setting up an infrastructure fund in collaboration with the State Bank of
India.
Woolworths
•Woolworths has established a joint venture with the Tata Group to
operate a number of electronics stores in India under the brand name
'Croma', along the Dick Smith retail outlets model.
•The first store was opened by Roger Corbett, then Managing Director,
Woolworths and Ratan Tata, Executive Chairman, Tata Group in Mumbai
in October 2006.
 India Australia Trade Relations
• Trading links between India and Australia can be traced back to the East India
Company.
• Australia’s first commercial export was a shipment of coal to India in 1797.
• Coking coal and Gold have become important components of Australia’s trade
with India today.
• Formal trade relations between India and Australia are covered by a trade
agreement signed in 1976, which aims at facilitating, diversifying and
strengthening trade ties between the two countries.
• India traditionally exports textiles and clothing to Australia.
•   The main items are pearls, precious, semi-precious stones, made-up articles
-textile materials, floor coverings, jewellery, textile yarn, crustaceans (sea
food), engineering goods/ manufactures, manufactures of base metal,
footwear, travel goods & handbags, women's or girls', clothing, men’s or boys'
clothing, and other commodities including chemicals and related products,
plantation & agricultural products.
• India’s exports increased  to A$ 1.46 billion in 2007
• This was 14 % higher than the corresponding figure of A$ 1.28 billion in 2006.  
India’s imports
• Australia are confined to a smaller range of mainly primary commodities such
as non-monetary gold, coal (coking), wool, copper & concentrates, silver and
non-ferrous metal scrap.
• India’s imports also include chickpeas, dried fruits, peas, pulses, apples and
manufactured items.
• Imports from Australia in 2007 recorded A$ 9.28 billion.
• The top three items ware non-monetary gold A$ 4.2  billion,  Coal A$ 2.4 
billion and copper ores A$ 1.1 billion. 
• For the year 2007 India ranked 6th in Australia’s export market with a share of 
5.5 % in terms of overall exports.
• Its rank as an import source was  24th  with 0.8 % market share in Australia’s
total imports.
• India ranked 10th as Australia’s overall trading partner in 2007.
• India’s share of  Australia’s total trade was 3% in 2007. 
 Australia’s Exports by Major Region 2009
3%
5%
4%

9% Other
Pacific
Middle East
EU 27
Americas
7% Sth Asia
54% Asian
Nth Asia

8%

10%

Source: DFAT STARS database (Jan 2010 data).

Source: DFAT STARS database (Jan 2010 data).
Australia's Exports by Major Country 2009

22% 22%
China
Japan
R.Korea
India
US
2% UK
3% NZ
Taiwan
3% Singapore
Thailand
20%
4% Other

5%

5%
7% 8%
Source: DFAT STARS database (Jan 2010 data).
 Australia's Imports by Major Region 2009

7%
5%
2%
Other
32% Pacific
Middle East
EU27
20% Americas
South Asia
ASEAN
North Asia

20% 14%

1%

Source: DFAT STARS database (Jan 2010 data).

 Australia's Imports by Major Country 2009

18%
Other
33% UK
NZ
Republic of Korea
Malaysia
11% Germany
Singapore
Thailand
Japan
US
8% China
3%
3%
6% 3%
6% 4%
5%
Source: DFAT STARS database (Jan 2010 data ).
 Major Australian Exports
Major Australian exports 2008-09 (A$m)

Coal 6,686

Non-monetary gold 5,690

Education 2,300

Copper 739

Fertilizers 439
 Major Australian Imports
Rotating electric plant 368

Pearls & gems 109

Medicaments (including 73
Veterinary)

Made-up textile articles 73

 Business Etiquette and Customs in Australia
• Australians are very matter of fact when it comes to
business so do not need long- standing personal
relationships before they do business with people.
• Australians are very direct in the way they
communicate.
•There is often an element of humor, often self-
deprecating, in their speech. 
•Aussies often use colorful language that would be
unthinkable in other countries.
 Business Meeting Etiquette
• Appointments are necessary and relatively easy to schedule.
• They should be made with as much lead time as possible. 
 Punctuality is important in business situations.
• It is better to arrive a few minutes early than to keep
someone waiting. 
•Meetings are generally relaxed; however, they are serious
events. 
• If an Australian takes exception to something that you say,
they will tell you so. 
• If you make a presentation, avoid hype, making exaggerated
claims, or bells and whistles.
• Present your business case with facts and figures. Emotions
and feelings are not important in the Australian business
climate.
 Sources
www.wikipedia.com
statssection@dfat.gov.au