Friday, November 27, 2009

Australian Economy

Australia is a very attractive country for your investment plans, with its wide number of investment opportunities and the strong aus dollar mirroring the country's economy. It is being fuelled by rising export of agricultural and raw goods, as well as by rising output in the domestic economy. In recent years great emphasis has been put on strengthening of the aus dollar through reforms, lowering inflation and reinforcing economical ties with China. Australian economy is strongly based on commodities, and greatly benefits from China's growing demand for raw materials. Also, Australia is considered as one of the 3 largest gold producers in the world and is immensely rich in energy resources. Aus dollar is a commodity-based currency, which you should seriously consider if you want to take advantage of the globally increasing need for the resources. Another positive aspect that supports investing in Australia is the firm government policy that discourages any interventions in the foreign exchange market. HSBC has done a considerable research showing that aus dollar has also become the indicator of the Chinese economic activities. If you belong to the global investors who also want to invest in China, you can do so via Australia, with much less risk included. In relation to the economic boom in China, Australia is in a rather privileged position. With its sensible regulatory and legal framework, stable political system and great number of investment opportunities, Australia is attracting the increased capital flow from all over the world, which is further strengthening the aus dollar.

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