1. Austrade in the Global Village South West Focus Conference Bunbury 2 nd July 2015

2. Australia Unlimited Areas of Focus……. The Big Picture Austrade Who we are/what we do. Focus areas.

3. Australia Unlimited The Big Picture

4. Australia Unlimited Global Population Demographics –12 billion by 2100 –Region to Urban transmigration China, India, Africa –Global intercontinental migration Hispanics, Arabs, Africans, South Asians, Eastern Europe –Intergenerational change Australia, Japan, China Emergence of ‘mega regions’

5. Australia Unlimited The Digital Century Digital connectivity – nearly 2bn smart phones Creative destruction – driving new industries Artificial intelligence and the new role of machines/machine learning India's approach to “Affordable Excellence” Impact on global supply chains as more products become digital.

6. Australia Unlimited Geography and Economies Impact of oil and commodities prices – staying down But China has serious “EWF” security problems India's global power turn next? Americas as a ‘no threat’ environment – Trans Pacific Partnership and Pacific Alliance key North America remains global king – Mexico the new winner Africa on a low trajectory

7. Australia Unlimited New Global Trade Routes New silk road – China –Kazakhstan-Russia UAE air logistics hub North West Africa to Europe Australia to Asia String of pearls – China to South Africa South West China to SE Asia Mexico to USA

8. Australia Unlimited Impact for Australia Strategic importance of Australia's new FTA’s ‘grouping’ – pivot to West, South, North Asia –Australia is a new trade route –Australia can leverage UAE hub If energy and resources stay’s low then must balance with agri – North Asia becomes critical With a population that is aging our future depends on innovation and intellectual capital

9. Australia Unlimited Our Future is Innovation By 2055 we must be leaders in digital delivery of global services We must be ‘critically’ engaged in GSC as core business Everything Australia does must be based around: –Disruptive technology and or enhanced delivery –cost reduction and production efficiencies both in areas of economies of scale – agri and resources - and in areas where economies of scale do not exist(i.e. advanced manufacturing)

10. Australia Unlimited Austrade.

11. Australia Unlimited What Austrade’s responsible for and what it delivers Austrade is responsible for –international trade, education and investment promotion –tourism policy and research Austrade contributes to economic prosperity by helping Australian businesses, institutions and governments to –develop international markets –win productive foreign investment –promote international education –strengthen tourism industry

12. Australia Unlimited What we do Help Australian companies grow their business in international markets, including through administration of the Export Market Development Grants (EMDG) scheme and the TradeStart program (CCIWA and SWDC) Provide coordinated government assistance to attract and facilitate productive foreign direct investment (FDI) into Australia Promote the Australian education sector in international markets and assist Australian education providers with market information Provide advice to the Australian Government on its trade, tourism and investment policy agenda

13. Australia Unlimited EMDG at a glance. Who Can Apply? An Australian individual, Partnership, company, association, Co-Op trust, Statutory Corporation. Promoted export of goods & services. Income <A$50 million Spend < $15K What Can be claimed? Overseas representation, marketing visits, communication, trde fairs/seminars. Promo material, o/seas buyers expenses What do you get? Up to 50% reimburse of eligible expenses (less first A$5k) up to A$150k per application to a maximum of 8 annual grants. 132878

14. Australia Unlimited Austrade’s network

15. Australia Unlimited Austrade Services for eligible Australian businesses Information and advice on doing business in international markets Help with international market selection Identification of relevant international contacts Assistance with market entry and expansion Identification and follow-up of specific international business opportunities Bespoke service agreements.

16. Australia Unlimited Austrade’s focus: Global Trade Themes International Health Intelligent Health Solutions Senior Health & Living Services Financial Services (Asia) Professional & Business Services Food & Agribusiness Premium Australia Food Agri Services & Technology Resources & Energy METS mining GVCs Oil & Gas GVCs Advanced Manufacturing Aerospace GVCs Emerging Marine Hubs & GVCs Automotive OEM & Aftermarket GVCs Infrastructure Transport Solutions Urban Sustainable Development 16

17. Australia Unlimited Supporting Australia’s education & Training sector

18. Australia Unlimited Investment - Australia’s next growth waves Five National Investment Priorities Resources and Energy Agribusiness and food Major Infrastructure Tourism Infrastructure Advanced Manufacturing, Services & Technologies

19. Australia Unlimited

20. Key trade & Investment agenda’s A$30 million to increase promotion of FDI in priority areas. A$18 million to expand our “Australia week Events”….China, USA & India. A$25 million to boost business exports created through the trifecta of the 3 recently announced FTA’s with China, Korea & Japan. Austrade’s lead role organising business missions led by ministers and the Prime Minister

21. Australia Unlimited Research Hubs…… Minister for Education & Training, Minister Pyne announced A$40 million in new research funding. 2 WA universities have rec’d 3 research funding A$14 million. Mining restoration, LNG Futures, offshore Floating facilities. Forges greater research industry links.

22. Australia Unlimited What’s new….. ECONOMIC DIPLOMACY Using international diplomatic assets to advance Australia’s prosperity; Promoting Trade Encouraging Growth Attracting investment Supporting Australia Business Austrade’s work is core; Commercial knowledge relationships with business engagement with governments

23. Australia Unlimited Economic Diplomacy in action………… Business Missions. FTA outreach: Korea, China & Japan Economic partnership agreements; Indonesia & India. Northern Australia Strategy

24. Australia Unlimited And in Strategic Partnerships…

25. Australia Unlimited 25 end to end production in one market is a thing of the past 80% of world trade is structured within GVCs Australia is currently in the bottom half of OECD participation in GVCs trade flow income within GVCs doubled between 1995 and 2009 Global Value Chains

26. Australia Unlimited Global Value Chains case study: aerospace 26

27. Michael Carter State Director, Western Australia Michael.carter@austrade.gov.au www.austrade.gov.au Thank You…………………