- Australia has a stable and transparent economy, is rich in natural resources and the AUD currently looks cheap.
- The Australian stock index consists of mostly financials but all have excellent ratings.
- Only 0.09% of the S&P 500 revenues are generated in Australia therefore Australia provides additional international diversification.
Australia is a country with a population of approximately 23.5 million people, highly developed with a GDP of $47,186 per capita, low unemployment rate of 6.1% and low government debt at 35% of GDP (US 125.3% of GDP). The long term interest rate is at 1.75% and the country is ranked in 13th place on the global doing business list. The Australian economy grew 3% in 2015 and it is dominated by the service sector representing 68%, followed by the mining sector that represents 7% of the economy. The above seems stable and therefore this article is going to provide an analysis about the potential risks and rewards of investing in Australia. More →