Political Risk

Australia’s government is a parliamentary democracy, and holds elections every few years to bring in new representatives and senators (Parliament of Australia, 2018). Australia has little to no political risk and is currently in good economic standing. This can be seen in their strong economic recovery from the pandemic, they were able to use their abundant amount of natural resources to recover their economy and avoid a recession (UK Government, 2021). For these reasons Australia makes the perfect place for a business to start up, and through their stable government and economy it provides business owners with peace of mind. As a company it is important to ensure that your home country is one that is stable and to grow internationally it must be on good terms with many nations. Australia is the perfect example of a nation best fit for an international company because they have strong ties with other nations across the globe.