Space & Defence
Australia is an ideal location for space and defence companies to explore global expansion. With the establishment of the Australian Space Agency in mid-2018, Australia is positioning itself as the southern hemisphere’s premier location for the development of the space industry. In addition, with the Australian government’s recent emphasis on increasing defence expenditure – through the investment of an additional $29.9 billion on top of the existing expenditure – there is a focus on the development of new assets, technology, and infrastructure in Australia. Australia’s economic and political stability, and prime position in both the southern hemisphere and in the broader Asia-Pacific region, makes it is superb candidate for defence companies looking to expand into new markets.
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