The United States and United Kingdom are the biggest investors in Australia, followed by Belgium, Japan and Hong Kong (SAR of China).
According to a government report on foreign ownership of agricultural land, Chinese investors are in fact one of the largest foreign entities with an interest (leasehold and freehold) in Australian farmland.
The sixth report of the Register of foreign ownership of agricultural land as at 30 June 2021 has been released. Key findings show foreign ownership of Australian agricultural land is 14.1%, compared with 10.9% the previous year. The majority continues to be in the form of leasehold interests.
Based on our accumulated data between 2007 and 2021, a total of USD 110.1 billion has been invested by Chinese companies into Australia. This report is part of an ongoing series of Demystifying Chinese Investment in Australia reports by KPMG and The University of Sydney.
China's Luye Medical bought hospital operator Healthe Care and now owns 34 hospitals across Australia, making it the third largest operator in the country.
China is Australia's largest two-way trading partner in goods and services, accounting for nearly one third (31 per cent) of our trade with the world.
At the same time, Australia's economy largely relies on China. A report from PriceWaterCoopers released in August 2019 called China Matters said that if China's economic relationship with Australia waded, it could cost Australia half a million jobs and around $140 billion.
volumes of foreign-owned water
The top four owners of water entitlements by country are Canada with 2.0 percent of the total Australian water entitlement on issue, the US with 1.6 percent, China with 1.5 percent, and the UK with 1.0 percent.
Warren Buffett is widely considered to be the most successful investor in history.
Stock market return - Country rankings
The average for 2021 based on 87 countries was 32.21 percent. The highest value was in Venezuela: 991.39 percent and the lowest value was in Botswana: -6.38 percent. The indicator is available from 1984 to 2021. Below is a chart for all countries where data are available.
Aboriginal and Torres Strait Islander peoples' rights and interests in land are formally recognised over around 50 per cent of Australia's land mass.
The communist nation of 1.4billion people owns an airport in Western Australia, nine million hectares of Australian land, several Aussie coalmines and wind farms and even the Port of Darwin, a key strategic asset.
Australia has plentiful supplies of natural resources, including the second largest accessible reserves of iron ore in the world, the fifth largest reserves of coal and significant gas resources. For a long time, commodities have made up a sizeable share of our exports.
All values, unless otherwise stated, are in US dollars. The Australian economy is dominated by its service sector, which in 2017 comprised 62.7% of the GDP and employed 78.8% of the labour force. At the height of the mining boom in 2009–10, the total value-added of the mining industry was 8.4% of GDP.
Unlike most wealthy countries, Australia's economy lacks both diversification and sophistication. Australia's primary exports are in low complexity categories such as mining and agriculture.
Our model suggests half a billion workers would lose their jobs worldwide, including one fifth of employed Australians. The worth of financial assets would fall by one fifth on average, and by one quarter in Australia.
The Australia-Japan economic relationship is underpinned by complementary strengths and needs. Australia is a safe, secure and reliable supplier of food, energy and mineral resources and a world-class centre for financial and other services.
While Russia's economy is only slightly larger than Australia's economy, comprising just 1.7% of global GDP, the invasion of Ukraine is crimping global confidence and exacerbating concerns around inflation, given Russia is a major global resources supplier.
Relations with China are one of the most important aspects of Australia's foreign policy. As an emerging great power in our region with whom Australia is developing a major economic relationship, good relations with China will become an increasingly prominent feature of Australia's international interests.