8 / 140
8 Business View Australia - August 2015
OPENING LINES
The World Bank’s ease of doing
business report ranks Australia at
tenth place, just two places behind the
United Kingdom. Germany and Canada
are four and six places
respectively
behind
Australia. The comparison is
done on the basis of various criteria
including the difficulty of starting a
new business, getting construction
permits and obtaining credit.
Business
in Austral
The ranking for the country arrived at
by the World Bank clearly illustrates
that the framework available for
Australian businesses is very robust
and conducive to the launch of new
enterprises and their growth.
However, in the last eighteen months
the crash in commodity prices has
put the Australian economy, and