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Australia | Austrade

Austrade logo | Creative Industries OceaniaThe Australian Trade Commission (Austrade) is the Australian Government’s trade and investment development agency, operating as a statutory agency within the Foreign Affairs and Trade portfolio. Austrade’s Chief Executive Officer (CEO) Peter O’Byrne reports directly to the Minister for Trade.

Australia | Ministry for the Arts

Creative Industries, a Strategy for 21st Century Australia identifies three primary themes underpinning Australian Government action to advance this vital sector: leveraging national foundations; optimising commercial capacity; and growing creative content and services.

Download: Creative Industries, a Strategy for 21st Century Australia


Australia | Cultural & Creative Industries
Australia Council for the Arts : Arts and Creative Industries report

Australia Council for the Arts : Arts and Creative Industries

Dr Justin O’Connor is a professor in the ARC Centre for Creativity and Innovation at the Queensland University of Technology. In January 2015, the Australia Council released his report entitled Arts and Creative Industries, which outlined the development of the creative industries in Australia and discussed the role of economics in arts and cultural policy debate.
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ARC Centre of Excellence for Creative Industries and Innovation (CCI)

The ARC Centre of Excellence for Creative Industries and Innovation (CCI) was established in 2005 to focus research and development on the role the creative industries and their contributing disciplines make to a more dynamic and inclusive innovation system and society.

The CCI narrative: research for a creative Australia
Essentially, the story of the CCI has been to give substance to the link between creative industries and innovation, to explore its implications for our core academic discipline fields and several policy domains and, working with industry and community, to assist in its application in practical circumstances. In short, it has sought to mainstream innovation in and through the creative industries for policy consideration, deepen it for academic engagement, and apply it for industry and community benefit. The ‘object of study’ has been arguably more changeable over the period than fields of research intensity such as biotechnology, medical research or IT.
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Economy

Australia is an open market with minimal restrictions on imports of goods and services. The process of opening up has increased productivity, stimulated growth, and made the economy more flexible and dynamic. Australia plays an active role in the WTO, APEC, the G20, and other trade forums. Australia’s free trade agreement (FTA) with China entered into force in 2015, adding to existing FTAs with the Republic of Korea, Japan, Chile, Malaysia, New Zealand, Singapore, Thailand, and the US, and a regional FTA with ASEAN and New Zealand. Australia continues to negotiate bilateral agreements with Indonesia, as well as larger agreements with its Pacific neighbors and the Gulf Cooperation Council countries, and an Asia-wide Regional Comprehensive Economic Partnership that includes the 10 ASEAN countries and China, Japan, Korea, New Zealand, and India.

Australia is a significant exporter of natural resources, energy, and food. Australia’s abundant and diverse natural resources attract high levels of foreign investment and include extensive reserves of coal, iron, copper, gold, natural gas, uranium, and renewable energy sources. A series of major investments, such as the US$40 billion Gorgon Liquid Natural Gas Project, will significantly expand the resources sector.

For nearly two decades up till 2017, Australia had benefited from a dramatic surge in its terms of trade. As export prices increased faster than import prices, the economy experienced continuous growth, low unemployment, contained inflation, very low public debt, and a strong and stable financial system. Australia entered 2018 facing a range of growth constraints, principally driven by the sharp fall in global prices of key export commodities. Demand for resources and energy from Asia and especially China is growing at a slower pace and sharp drops in export prices have impacted growth.

Economy of Australia - Sydney

Sydney Skyline – Photo by David Iliff.