When considering the most important global business locations, those in the world’s largest economy, the United States of America, probably come to mind first — New York City, for example — and Paris, London or Frankfurt am Main in Europe. Yet the Australian continent and its metropolis Sydney should not be underestimated. This business location in particular has the potential to join the ranks of global players, and the Australian government’s ambitious projects aim to ensure that this is the case.

Australia offers a stable economic environment in turbulent times

What speaks in favour of Australia generally is that its economy is proving to be resilient despite global trouble spots and the associated rapidly rising prices, especially in the energy sector, along with interest rate hikes. There is no talk of a recession in Australia, unlike in Germany, for example. The International Monetary Fund expects GDP in real terms to have grown by 3.8 pe