5494.0 - Economic Activity of Foreign Owned Businesses in Australia, 2000-01
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 09/01/2004
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Globalisation of the australian economy
Foreign-owned businesses accounted for 1% of all Australian businesses in 2000-01, according to new globalisation statistics released by the Australian Bureau of Statistics (ABS) today.
In Australia, foreign-owned businesses employed 12% of all private sector employees and contributed 25% of all capital formation and 21% of value added.
The newly developed ABS initiative to improve globalisation statistics for Australia also found:
Further information is in Economic Activity of Foreign Owned Businesses in Australia (cat. no. 5494.0).
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