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Other benefits from EU investment
2009 update on Investment Survey
August 2006
Some 41% of respondents highlighted benefits to Australia from EU foreign investment other than the direct economic benefits of greater employment, greater income and exports/imports displacement resulting from their capital investment. These additional benefits included:
- Introduction of knowledge know-how, professional skills and 'brain gain';
- Technology transfer/spill-over;
- Research and development activities in Australia ;
- Training of Australian staff, increasing their skills, safety and wages;
- Improved range of products and services on the Australian market, with high consumer acceptance of brands;
- Improvements to productivity and cost savings for customers, both in the private and public sectors;
- Assistance in the development of new industries in Australia ;
- Enhanced rural development arising from companies located in rural areas;
- Facilitating Australian companies to export and in cross cultural communication;
- Important source of tax and royalty revenues; and
- Corporate social responsibility and charity contributions.
to download complete document (pdf) click here
For further information please contact:
John Tuckwell, Senior Adviser, Economic and Trade; Tel 02 6271 2734 ;
Email: john.tuckwell@eeas.europa.eu
Media enquiries: Roger Camilleri, Senior Adviser, Media & Public Affairs ; Tel 02 6271 2744; Email: roger.camilleri@eeas.europa.eu
This page updated
October 22, 2009
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