12419
page-template-default,page,page-id-12419,page-child,parent-pageid-12413,strata-core-1.0.1,strata-child-theme-ver-1.0.0,strata-theme-ver-3.0.3,ajax_fade,page_not_loaded,wpb-js-composer js-comp-ver-6.0.3,vc_responsive
Title Image

Australasia

Australia and the UK are two close trading partners; the UK is Australia’s second largest inward investment destination, with the stock of Australian FDI in the UK worth $84 billion AUD at the end of 2017.

Inward investment from Australia and New Zealand grew 19% in the 7 years to 2017 and was the source of 95 new projects in 2017 alone.

Strong Ties, Growing Stronger: Australia-UK Investment Relationship

A joint report between the UK and Australia has been released, detailing the potential of the investment relationship between the two countries. The report follows the creation of a UK-Australia Trade Working Group in 2016, established to explore how to progress the trade and investment relationship.

 

As the report highlights, two-way investment totalled $815 billion AUD from 2010-2017. 18 companies that contributed to this two-way investment, from startups to multinational corporations, were profiled in the report. One of the featured success stories was CSL, whose subsidiary Seqirus focus on the production and supply of the influenza vaccine. The Thames Valley is proud to be the home of the second largest influenza vaccine provider in the world, with their headquarters and global research and development program located in Maidenhead.

 

Seqirus are one of a significant cluster of companies in the Life Sciences and Healthcare sector based in the Thames Valley. Read more here.

Australian Tech Rocketship Award Winners Welcomed to the UK

To accelerate the set-up of their operations, the Department for International Trade has brought the 10 Australian UK Tech Rocketship Award winners to the UK.

 

The winners will take part in a tailored programme of meetings, networking events and workshops, connecting Australia’s fast-rising tech stars with the UK’s world-leading growth eco-system of advisors, customers and support networks.

 

Her Majesty’s Trade Commissioner, Asia Pacific, Natalie Black said:
“I am delighted to be back in London this week to personally welcome our Tech Rocketship Award cohort from Australia.

 

The UK has one of the most vibrant and innovative tech ecosystems in the world backed by our industrial and digital strategies. With more VC investment and unicorns than anywhere else in Europe – it’s the natural next step for ambitious Australian and New Zealand tech companies.

 

We are very excited to be supporting our Tech Rocketship winners and we look forward to their UK success.”

 

Read more here.

Entrepreneurs Are Great: Startup Games Sydney

The UK Department for International Trade has supported Australian entrepreneurs in helping to take their companies global through the Global Entrepreneur Programme’s Startup Games.

 

Watch the video above to hear The Bakery’s Andrew Humphries, who boasts a facility on SEGRO’s Slough Industrial Estate, and HMG Consulate General Michael Ward, discuss the benefits of an Australian-UK collaboration.
  • Joint report recognises strength of Australia-UK relations

    The growing strength of the Australia-UK investment relationship has been highlighted in a joint report between the two countries, called “Strong Ties, Growing Stronger”. The report shows the significance of investment between the two nations, which totalled $815 billion AUD from 2010-2017, and trade, which......