Foreign Direct Investment in Australia - Essay Example

Only on StudentShare

Extract of sample
Foreign Direct Investment in Australia

Demand for goods and services in the Pilbara's state, Western Australia, grew by 11% in 2007. Studies have touted the benefits of foreign direct investment. (China Elections and Governance, May 8, 2008). Chinese investment in Australia's iron-ore business is increasing. Gindalbie, an Australian iron-ore miner, and Ansteel, a Chinese steelmaker, agreed to invest A$1.8 billion in a joint venture to develop a mine in Western Australia in 2007. This new investment translates to5,000 new jobs. (China Elections and Governance, May 8, 2008) Foreign direct investment (FDI) should be free from the strict controls which are implemented by host governments. (Main Idea Statement).
Foreign direct investment has speeded up the economic development of Australia. If the foreign direct investment in the iron ore and coal mining sector continues, Western Australia will need an extra 400,000 workers within 10 years ding to the Australian Chamber of Commerce. Australia has entered its 17th year of uninterrupted growth. The pace of domestic demand that monetary authorities have pushed interest rates to their highest in close to 12 years in order to combat inflation. Inflation has been identified as the country's chief economic ill. Skills shortage and infrastructure bottlenecks at congested ports continue to hound the growing economy. ...Show more


China's demand for iron ore has driven the growth of Rio Tinto. BHP Billiton, Vale and Rio Tinto, control about 70% of the world's trade in iron ore. Each year they negotiate annual supply contracts with their main customers, and as demand has surged, so has the price…
Author : melvinhirthe
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Foreign Direct Investment in Australia"
with a personal 20% discount.
Grab the best paper

Related Essays

The Flow of Foreign Direct Investment to Developing Countries
According to the paper since the 1980s, foreign investment in developing countries has been directed increasingly at export-oriented projects. Most theories of foreign investment do not address the issue of the direction of foreign direct investment flows. Investment takes place rather than why it flows to a particular group of countries.
28 pages (7000 words) Essay
Foreign Direct Investment Speech/Presentation
I will continue by presenting a regression model for that will be used in analysing the data that I intend to use in this study. I will conclude the presentation by discussing the data to be used in the study and important sources of this data. According to Anaman (2002), Brunei is situated on the Northern part of the Borneo Island in Southeast Asia and it is one of the smallest countries in the Southeast Asian region.
5 pages (1250 words) Speech or Presentation
Foreign Direct Investment in Developing Countries
Africa especially is an area of interest since it has shown enormous growth in the recent years due to FDI than any other effort that has been carried out in the past. The paper critically explores the role of FDIs in the improvement of economic conditions of Africa and India as examples of its success.
7 pages (1750 words) Essay
Color and Congenital Blindness
The absence of vision and myopic sensitivity at the time of birth means that a person shall never be able to recover from unsighted ness. This particular state is known as congenital blindness. Astonishingly, blindness hardly ever means total deficiency of light perception.
4 pages (1000 words) Essay
Analysing factors effecting Foreign Direct Investment in China
The people's Republic of China (PRC or China, for short) has had a long tradition of isolation. In 1979, Deng Xiaoping opened his country to the world. Although his bloody 1989 put-down of protestors in Tiananmen Square was a definite setback for progress, China is rapidly trying to close the gap between itself and economically advance nations and to establish itself as an economic power in the Pacific Rim.
13 pages (3250 words) Essay
Government Attitudes Toward Foreign Direct Investment
Stockholders want to see more sales and increased productivity as a proof of effective utilization of the resources invested in the business. This results in higher profits to the companies implying higher dividends and returns for their shares and other invested funds.
3 pages (750 words) Essay
Environmental analysis
Internet offers a variety of entertainment that is provided by the hotels such showing sports; hence reducing the number of clients. The government should come up with policies that regulate the kind of information used for advertisement, and the
1 pages (250 words) Essay
Find out how much would it cost
to get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email