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Australia ‘ideal’ location for investment

Australia’s prime minister has stressed the need to promote the country as an ideal location for investment.
Australia’s prime minister has stressed the need to promote the country as an ideal location for investment.
His comments come ahead of the three-day World Economic Forum (WEF) in Switzerland, which will see the G20 leaders come together to discuss the global economy. 
"It's my intention ... to argue for the policies of the new government and do my best to ensure that Australia is seen as an attractive place to invest and do business," Mr Abbott said in a recorded video statement.  

 

He added that the country must make the most of its current G20 presidency role, which it took on in December last year, to stress the attractiveness of Australia and make more nations aware of its benefits as an investment destination. 

The G20 is made up of 19 nations plus the European Union and meets annually to discuss ways to encourage growth, improve financial regulation and develop economic reforms. 

Posted by Ravin Chatlani
 

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