Preferred city for incorporation of the company? |
Sydney |
Melbourne |
Brisbane |
Canberra |
Perth |
Adelaide |
Darwin |
Business output market size? (in AU$ billions) |
AU$507 |
AU$356 |
AU$300 |
AU$35 |
AU$276 |
AU$99 |
AU$22 |
Market size relative to the economy? |
31% |
22% |
19% |
2% |
17% |
6% |
1% |
Local purchasing power (GSP per capita) AU$? |
66,966 |
60,413 |
63,209 |
89,975 |
107,247 |
58,253 |
92,107 |
Total population? (in thousands) |
7,671 |
5,996 |
4,809 |
393 |
2,604 |
1,703 |
244 |
Most popular business sector? |
Business services |
Business services |
Business services |
Business services |
Mining |
Household services |
Natural gas |
Specific attractive Government incentives available? |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
Hub for the headquarters of multi-national firms? |
Yes |
Yes |
No |
No |
No |
No |
No |
City airport with direct flight to Europe, Asia and America? |
Yes |
Yes |
No |
No |
No |
No |
No |
Total foreign investment in 2015? (in AU$ trillion) |
1.4 |
1 |
0.22 |
0.1 |
0.15 |
0.06 |
0.07 |
Logistical considerations |
New South Wales |
Victoria |
Queensland |
Australia Capital Territory |
Western Australia |
South Australia |
Northern Territory |
Attractive State for a manufacturing business? |
Yes |
Yes |
Yes |
No |
Yes |
No |
No |
Attractive State for a e-business? |
Yes |
Yes |
No |
Yes |
No |
No |
No |
Attractive State for an export-oriented service business? |
Yes |
Yes |
No |
No |
No |
Yes |
Yes |
CBD monthly office rental per sq m? |
AU$108 |
AU$67 |
AU$73 |
AU$100 |
AU$65 |
AU$63 |
AU$56 |
Average monthly warehouse rental per sq m? |
AU$60 |
AU$33 |
AU$36 |
AU$55 |
AU$33 |
AU$30 |
AU$28 |
Average monthly electricity prices? (cents per Kwh) |
31 |
31 |
26 |
27 |
27 |
36 |
30 |
Proximity of sea port to the main city? |
3km |
6km |
6km |
288km |
18km |
14km |
6km |
Proximity of airport in kilometres to the main city? |
12km |
23km |
15km |
7km |
11km |
6km |
11km |
Proximity of rail in kilometres to the main city? |
600m |
400m |
450m |
6km |
100m |
2km |
17km |
Number of international tourists? (in million) |
3.6 |
2.5 |
2.4 |
2 |
0.8 |
0.4 |
0.2 |
Average annual inflation rate? |
0.9% |
1.4% |
1.5% |
0.8% |
0.5% |
0.7% |
0.1% |
Average unemployment rate? |
5.2% |
5.8% |
6.4% |
3.8% |
5.7% |
6.9% |
4.1% |
Time zone? (ahead of GMT) |
+10 hours |
+10 hours |
+10 hours |
+10 hours |
+8 hours |
+9.30 hours |
+9.30 hours |
Quality of internet broadband and Wi-Fi? |
Excellent |
Excellent |
Good |
Excellent |
Good |
Satisfactory |
Satisfactory |
Corporate banking and finance considerations |
New South Wales |
Victoria |
Queensland |
Australia Capital Territory |
Western Australia |
South Australia |
Northern Territory |
Is the main city a financial services hub? |
Yes |
Yes |
No |
No |
No |
No |
No |
How many global banks are based in the state? |
33 |
17 |
8 |
2 |
12 |
5 |
1 |
How many Aussie banks with local branches? |
17 |
15 |
17 |
16 |
17 |
17 |
11 |
Recommended Bank for corporate banking? |
Westpac Bank |
ANZ Bank |
Commonwealth Bank |
HSBC |
ANZ Bank |
Commonwealth Bank |
Westpac Bank |
Quality of bank customer services? |
Excellent |
Excellent |
Good |
Good |
Good |
Good |
Satisfactory |
Quality of online banking services? |
Excellent |
Excellent |
Good |
Good |
Good |
Good |
Good |
Does the State have a reputable financial district? |
Yes |
Yes |
No |
No |
No |
No |
No |
Does the State have a local Stock Exchange? |
Yes |
No |
No |
No |
No |
No |
No |
Are there Private Equity Funds/VCs in the State? |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
Employment considerations |
New South Wales |
Victoria |
Queensland |
Australia Capital Territory |
Western Australia |
South Australia |
Northern Territory |
Average monthly salary for local employees? |
AU$6,678 |
AU$6,300 |
AU$6,322 |
AU$7,482 |
AU$7,371 |
AU$6,134 |
AU$6,807 |
Average skilled labour monthly salary? |
AU$8,014 |
AU$7,560 |
AU$7,586 |
AU$8,978 |
AU$8,845 |
AU$7,361 |
AU$8,168 |
Average unskilled labour monthly salary? |
AU$4,975 |
AU$4,810 |
AU$4,625 |
AU$5,237 |
AU$4,160 |
AU$4,294 |
AU$4,165 |
Labour productivity (Value Added per hour)? |
AU$61 |
AU$59 |
AU$59 |
AU$64 |
AU$63 |
AU$57 |
AU$59 |
Is there a large expatriate community in the State? |
Yes |
Yes |
No |
No |
No |
No |
No |
International schools for children of expatriate employees? |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
Golf courses near the main city of the State? |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
General availability of bars and restaurants? |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
Will I find European F&B products in the supermarkets? |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
Mercer Survey Ranking for global cities? |
10 |
15 |
36 |
28 |
21 |
27 |
Not ranked |
Is the main city of the State safe for expatriates? |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
Literacy rate? (% of population) |
96% |
96% |
95% |
99% |
95% |
96% |
95% |
Computer literacy rate? (% of population) |
85% |
85% |
80% |
90% |
70% |
65% |
65% |
Working overtime is common? |
Yes |
Yes |
No |
Yes |
Yes |
No |
No |
Accounting and tax considerations |
New South Wales |
Victoria |
Queensland |
Australia Capital Territory |
Western Australia |
South Australia |
Northern Territory |
Payroll tax rates? |
5% |
5% |
5% |
7% |
6% |
5% |
6% |
Stamp duty rate on asset transfers of AU$500,000? |
5% |
6% |
5% |
6% |
5% |
5% |
5% |
Land tax (over threshold) on property worth AU$500,000? |
1.6% |
0.2% |
1.7% |
4.6% |
0.25% |
0.5% |
0% |
Monthly state tax filing required? |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
Business grants offered by the state government? |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
Specific tax incentives available in this state? |
Yes |
No |
No |
No |
No |
Yes |
No |