Tips for doing business in Australia

Australia, officially the Common wealth of Australia,is a country comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands. It is the world’s sixth-largest country by total area. Below are the tips for doing business in Australia

Tip 1
Although Australia is relatively geographically remote and has a small domestic market, it is economically successful and its citizens have a comparatively high standard of living.
Tip 2
Due to its small domestic market, Australia needs to trade actively on the international market place and Australians know this – they are open to new ideas from overseas.
Tip 3
Australians prize their egalitarian approach to life- people should not try to make out that they are better than others.
Tip 4
This egalitarian world view is mirrored in many aspects of Australian business culture from corporate structures to management and communication style.
Tip 5
On the whole, Australian corporate structures are matrix oriented, without too many layers of management. A hierarchical approach tends to sit uneasily in egalitarian Australia.
Tip 6
Managers try to develop a ‘matey’ relationship with their colleagues and would be viewed negatively if they tried to seem aloof from subordinates.
Tip 7
Everybody expects to have an input into the decision-making process even if, in the final analysis, the boss still makes the decision. If the boss makes the decision with no prior consultation, it unlikely that people will be very keen to ensure implementation.
Tip 8
Decision-making meetings can be quite animated and it is expected that people will say exactly what they think without necessarily having to defer automatically to the boss’ viewpoint.
Tip 9
Although Australians will say that they value punctuality as a professional necessity, do not be surprised if people appear five to ten minutes late for a meeting.
Tip 10
Some small talk is usually engaged in before the meeting proper starts. This stage of the meeting is, however, rarely protracted (five minutes or less.)

Jaraswan Jarasjaruwan or Pear is a full-time MIM student. She got a Bachelor’s of Science from Chulalongkorn University in Thailand. After she graduated, she worked as an educational consultant in Thailand for 2 years. Pear chose to study international business at Portland State University because she is interested in the business field and also the reputation of the university. Currently, Pear is studying Chinese as a third language. Also, she will choose Global Marketing as her specialization in the Master of International Management program.

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