In what Industries Does Australia Have A Competitive Advantage?

In what Industries Does Australia Have A Competitive Advantage?

Australia is a unique economy being a developed, Western country in the Asian region. But what does Australia have a competitive advantage in? Housing Australia has a very strong housing market. In the large cities, namely Sydney, prices just keep going up and up. It is hard to know when this is going to end. Right now it is definitely overheated. Australia has liberal property ownership laws which makes it not that difficult for wealthy overseas investors to buy property. Many Asians take advantage of this – Australia being a…