Since 2012, economic growth has been high, driven by private consumption which accounts for about 70% of the economy. Growth has also been sustained by rising demand for exports.
Land acquisition issues in setting up greenfield projects, delays in environmental clearances, logistics support and external financing remain major issues
Structural overcapacity in the industry had a negative effect on businesses´ profit margins in 2014, and this negative trend is expected to continue in 2015.
On 15 October 2015, Atradius Credit Insurance hosted a webinar that looked at the opportunities available for trade with Russia and how to safely transact your business.
In 2015, Australian business insolvencies are expected to increase slightly by 2% as economic growth slows down and the mining industry faces mounting troubles.