Average market risk premium in Australia 2011-2016
Australia’s robust economy
Australia recently entered its 28th consecutive year of economic growth, backing confidence in the country’s economy. As of the fourth quarter of 2018, the total value of funds under management in Australia amounted to around 2.1 trillion Australian dollars. The market capitalization of listed domestic companies reached a 17-year peak in 2017, indicating a strong valuation of Australian companies. In terms of startups, the number of new investments has been on the rise since the 2015 fiscal year.
International investment
The United States is the leading economic partner of Australia in terms of trade and investment. Responsible for the largest direct investment in Australia, the U.S. has continued to increase its investment in the country over the past years. With regard to industries, the mining and quarrying industry has attracted the most foreign direct investment in Australia.