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Business

Australian businesses face intense global competition and disruptive technological change. Navigating through these challenging times requires a dynamic and responsive economy powered by strong, self-reliant and innovative businesses.

Globally competitive industries are critical to Australia’s economic growth and productivity and for securing jobs and prosperity in the future. The Australian Government creates the environment in which competitive businesses and industries can thrive.

This section of the Industry Monitor measures the operating environment for Australian businesses including business entries and exits.

Infographic highlighting key findings from business data. Australia ranks 15th World Bank’s Ease of Doing Business Indicator. Australia ranks 6th in OECD product market regulation index. There was $500 billion in gross operating profits from Australian businesses. There was a 4.9% increase in gross operation profit across all industries. For more information see the Industry Monitor 2017.