Panellists on the Committee for the Economic Development at Australia's State of the Nation 2013 conference have suggested that the country's opportunities in the Asian Century lie with infrastructure.
The High Commissioner for India, Biren Nanda, said growth in India and a review of both public and private local investment had given rise to greater opportunities for Australian investors.
"For example, in the next five years we are doubling our infrastructure spend to one trillion dollars," he said.
"Almost half of it will come from the private sector and I understand Australia has a lot of experience with public-private partnerships, so there are opportunities there."
Japan's Ambassador Extraordinary and Plenipotentiary, Yoshitaka Akimoto, said that although business ties between Australia and Japan were strong, the country was interested in expanding its relationship to non-traditional areas.
Japan's lack of experience in infrastructure investment was an opportunity for Australian businesses.
The property group, owned by industry super fund Aware Super, has announced two new projects with a total construction value of $320 million that will add more than 700 homes to Melbourne’s rental market.
While institutional investors, including super funds, unanimously acknowledge the energy transition as a significant challenge, their perspectives on the extent of their involvement in addressing the substantial capital requirements vary widely.
Despite a period of increased volatility, several considerations suggest that the bull market will remain intact and the trend in shares will remain up, an economist has suggested.
HESTA has slammed Woodside’s climate transition action plan, pointing to “significant” gaps.
Add new comment