01 INTERNATIONAL TECH HUB | BDO LLP
AUSTRALIA
OVERVIEW: A BRIDGE MARKET WITH DEEP CAPITAL POTENTIAL The perception of Australia as remote has led to significant untapped capital in a location with unrivalled access to both the Asian and Western markets. Though the population may be small in comparison to its Western competition, Australia’s support for technology companies and its stable stock exchange make it an appealing prospect for tech businesses and investors alike.
With expert input from Sebastian Stevens, National Leader - Private Equity and Partner in Charge - Corporate Finance,
BDO Sydney. Sebastian has 25 years of experience providing international and cross-border services growing private and publicly-listed companies with a focus on Technology, Media and Telecommunications.
AUSTRALIA HAS THE FOURTH MOST TRADED STOCK EXCHANGE IN THE WORLD
THE TECH LANDSCAPE Australia benefits from straddling both the Asian and Western markets. It is effectively the Western landing point for businesses looking to set up in Asia and particularly appeals to tech companies not confident enough to immediately establish themselves in Asian hubs such as Singapore, Hong Kong or Japan due to cultural challenges and differences in the way business is done. Australia acts as a launching pad into the Asian market and, as a result, Sydney has become the financial capital of Australia where large multinationals congregate. Australia has become a testing ground for companies looking for safe landing points, where they can take advantage of Australia’s English-language operations but also proximity to the Asian market. Likewise, for Asian companies, it is easier to connect with the West by using Australia as a conduit. The stock exchange is also appealing. Australia has one of the most active and vibrant stock exchanges in the world. This has
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