Pest Analysis for Australia

Pest Analysis for Australia

Political
Trading: Australia has good trading policies with its neighbor counties, and
their trades are in favorable conditions.
Pressure Groups: Pressure groups will make the organization to think
about the Corporate Social Responsibility and Ethics that it need to
consider and practice in Australia.
Wars and Conflict: Australia isnt involved in any form of war within and
outside the country. So the political environment seems to be sound.
Government Policies: The government of Australia has open door policy
which always motivates various international businesses to invest their
resource for the benefits of Australian customer.
Election: Australia holds voting election for House of Representative every
3 years using Australian election System. Therefore, though political
environment is relatively stable, business regulations might be revised
when new government comes in power.
Economic
Home Economy Situation: Australia is facing recession, along with the
inflation rate of 2-3% and unemployment rate around 6%.
Taxation Issues: There are various tax implied on Australia, including sales
tax, corporate tax rate, progressive income tax, pay as you earn tax. The
corporate tax rate is very competitive in Australia compare to major
economies.
Season and weather: The climate is pleasant and favorable for BAB.
International Trade: Australia trade is more focused towards Asia and other
pacific countries.

Monetary Issues: Australia interest rate is around 3%, which is favorable for
investors because they can get finance in a lower cost.
Social
Media Views: Media has great impact on peoples life.
Religion: Religious are pretty diversified in Australia, but it seems only a
small portion among those religions does not eat beef.
Education: 99% of the population is literate. Since the customer is highly
educated. BAB should provide qualified goods.
Living Standards: Australia has high purchasing power party, which is good
for business.
Power Distance: Australia only scoring 36 for Power Distance compared to
world average of 55. Managers in BAB should work with its employee in
parallel terms and focused more on team work.
Technological
Intellectual Property Issues: The current value of intellectual property in
Australia is over $30 billion.
Transportation: Transportation infrastructure of Australia is well established
which make it more possible for BAB to better serve its customer in
maximum way.
Environmental
While operating in Australia, you have to consider not having negative
impact on environmental issues and support Australias campaign
regarding environmental issue.