Australia has experienced over two decades of continuous economic expansion, during which it has progressed into a highly-developed country offering tremendous opportunity in a variety of sectors. Openness to global trade is firmly entrenched and is supported by a transparent business environment and well-established legal and regulatory regimes. Australia has strong economic ties with emerging and developed economies throughout the region having recently concluded several trade agreements with key Asian partners. Canadian companies can look to leverage these connections or explore partnerships with Australian firms in order capitalize on the opportunities available in neighboring markets.