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Part 2 - Presentation for UKTI Southwest on Aus & NZ business opportunities
1. Australian opportunities: low carbon
? Ratified Kyoto protocol in 2007 and
introduced a price on carbon on July 1
2012
? Needs to double renewable energy use
by 2020 to meet legally binding
Renewable Energy Target (RET)
? Recently announced it will link its new
carbon price to the EU carbon trading
scheme by 2018
? Contact antonia.yendell@fco.gov.uk for FreeDigitalPhotos.net
more information
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UNCLASSIFIED
2. Australian opportunities: e-commerce
? Australians spent around ?7 billion
online in 2011
? Online sales grew 90% from 2010 to
2011
? Opportunities in sporting and outdoor
goods, cosmetics and beauty
products, books, media and fashion
? Goods under $1,000 bought overseas
do not attract 10% GST
? Contact joanna.olivera@fco.gov.uk
FreeDigitalPhotos.net
for more information
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UNCLASSIFIED
3. Australian opportunities: healthcare
? Rated as the best Healthcare
market in the Asia Pacific region for
doing business
? Australian healthcare industry
currently generates revenue of
A$92 billion (?57 billion) per year
? Forecast to rise to A$113 billion
(?70 billion) within five years
? Contact joe.dodd@fco.gov.uk or
read our healthcare sector briefing
for more information FreeDigitalPhotos.net
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UNCLASSIFIED
4. Australian infrastructure trends
¡®Australia today
has an
extraordinary
opportunity to be
an integral part of
the foundations
of the Asian
century¡¯
Hamish Tyrwhitt,
CEO Leighton
Holdings
Opportunities for British Business in Australia and New Zealand - 2013 8
5. Australian opportunities: Infrastructure
? Industrial Communities - building
infrastructure to support mining projects
in remote locations
? Intermodal Hubs - integrating industry with
city needs
? Sustainability ¨C moving to ¡®Smart¡¯ &
¡®Green¡¯ precincts
? Renewable Energy
? Food Security ¨C building infrastructure to
cope with extreme weather and
monsoonal cycles Credit to Chris Ryan, OJO Images, Getty Images
? Contact Antonia.Yendell@fco.gov.uk for
more information.
Opportunities for British Business in Australia and New Zealand - 2013 5
6. Australian opportunities: ports
? 99% of Australia¡¯s exports by sea
? High demand for Australian FreeDigitalPhotos.net
resources (particularly commodities)
has driven large ports investment
? ?100 billion investment needed into
new logistical infrastructure
? Read more about opportunities in
the Australian ports sector
? Contact antonia.yendell@fco.gov.uk
for more information
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UNCLASSIFIED
7. Australian opportunities: oil and gas
? UKTI estimates ?85bn invested in
Australian O&G in 2012
? Designated as UKTI High Value
Opportunity for 2013
? Australian upstream oil and gas
industry expected to grow at two to
three times the rate of the economy
for at least the next 15 years.
? Read more in the oil and gas sector
briefing or contact
Richard.Goldsmith@fco.gov.uk
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UNCLASSIFIED
8. Australian opportunities: mining
? Australia¡¯s currently going through a
commodities boom largely driven by
China¡¯s rapid industrial development
? Significant mining areas of Australia:
¨C Goldfields, Peel and Pilbara regions of Western
Australia
¨C The Hunter Valley in New South Wales
¨C Bowen Basin in Queensland
¨C Latrobe Valley in Victoria
? Mining and mining services industries
have doubled in size from 2002-03 to be
20% of GDP in 2011-12
? Contact Linda.Miles@fco.gov.uk for more
information
Opportunities for British Business in Australia and New Zealand - 2013 8
9. Australian opportunities: financial services
? Emerged from the global financial crisis
relatively intact
? Finance and insurance is the largest
sector in the Australian economy, worth
more than ?83 billion in 2011
? Australia has world¡¯s fourth largest asset
pool due to ¡®superanuation¡¯. Assets
reached approx ?900 billion June 2011
? Contact melena.dirou@fco.gov.uk for
more information FreeDigitalPhotos.net
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UNCLASSIFIED
10. Australian opportunities: ICT
? ICT contributes 4.6 % of Australia¡¯s GDP
(AU $82 billion) IBSA Dec 2010
? Building v fast broadband network to
cover 95% of population (in 8-10 yrs)
¨C At A$35.7 billion it¡¯s the most expensive
infrastructure project in Australia¡¯s history
? Opportunities in e-Health, e-Learning,
digital entertainment, e-commerce for
mobile
? Internet usage in Australia is 90%
penetration (5th best in the world)
FreeDigitalPhotos.net
? Contact Jim.Thompson@fco.gov.uk for
more information
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UNCLASSIFIED
11. New Zealand opportunities - Infrastructure
? $25 Billion in expenditure planned for the
next four years over five main areas of
infrastructure development
1. Transport
2. Telecommunications
3. Energy
4. Water
5. Social
? Focus on rebuild of Christchurch and
Auckland Infrastructure Credit to Chris Ryan, OJO Images, Getty Images
UKTI New Zealand ¨C Opportunities for British Business 07/11/2012 11
Editor's Notes
#4: Best market based on market size, structure and risk (Business Monitor International)