Infrastructure and Business Costs


This section provides information on:

  • Asia Pacific comparisons of rental and capital values of industrial property and office space
  • information and communications technology take-up and e-commerce
  • telecommunications costs
  • international and domestic comparisons of energy costs
  • international comparisons of business travel expenses.

 

Sydney offers a low-cost business environment.

Sydney remains a more cost effective office location than other major business centres, including London, Tokyo, Hong Kong, Seoul and Mumbai.

Industrial property in Sydney is among the most competitively priced in the Asia-Pacific region and is available across all categories, including prime grade properties, high technology parks and distribution centres, with most located to take full advantage of New South Wales’ transport infrastructure.

Australia is a highly efficient place to start a business. Australia was ranked second in the world for ease of starting a business and ninth overall for the ease of doing business according to the World Bank and the International Finance Corporation.

Australia ranks highly for technological infrastructure. Australia has one of the highest broadband, mobile and internet subscriber penetration rates in the world. ICT is a major element of the New South Wales services sector. The state is home to 40% of businesses in ICT and employees approximately 40% of Australia’s ICT workers.

Sydney has exceptional event infrastructure with demonstrated capability in hosting large scale events such as the Olympic Games in 2000, the Rugby World Cup in 2003, and the Asia Pacific Economic Cooperation (APEC) Meeting in 2007. In 2008, Sydney hosted World Youth Day with 400,000 people, including 125,000 overseas pilgrims, attending the Final Mass. Sydney boasts impressive conference facilities, including the Sydney Conference and Exhibition Centre, which is Australia’s biggest and most successful venue for conferences, exhibitions and meetings.

E: Infrastructure and Business Costs:

For more information

Manager, Innovation, Research and Policy Division | +61 2 9338 6823