Large is the new small, with the world’s biggest companies having their own national headquarters and having their employees in Australia.
The first big sign of the arrival of the global financial giants was the announcement of Australia Inc’s new headquarters in New York City.
The company’s chief executive, David J. Sohn, said the new headquarters was designed to be a model of global innovation.
He said Australia Inc had already started building out its operations in the US.
The biggest financial institutions in the world are also in Australia, as are the major players in the Australian telecommunications and mining sectors.
Australian Government, banks Australia Inc announced a $1.2 billion investment into the country’s largest bank, Westpac.
The bank’s CEO, Tim Gowers, said it would provide “a vibrant environment for our businesses, and the world, to invest in Australia”.
Westpac said the investment would provide around $400 million in annual spending by the bank.
“We are delighted to be able to invest into our future, which is why we are investing in Australia,” Mr Gowers said.
The Federal Government has announced a new scheme for the elderly and disabled to receive a $300 monthly allowance, with an extra $250 for those who have lived in Australia for more than 30 years.
The scheme is part of the Government’s “One Australian Family” scheme which has been credited with making a huge difference in the lives of some of Australia�s most vulnerable Australians.
The Government said the “One Australia Family” program was designed as a means to reduce poverty and homelessness, reduce health costs, and reduce unemployment.
The program was announced by former Prime Minister Kevin Rudd, who served as the Treasurer.
Mr Rudd said the scheme was designed with the intention of giving the “one-parent family” the ability to afford their own “normal day-to-day living and working arrangements”.
He said it was the most ambitious measure yet in a drive to improve the lives and wellbeing of Australians.
One-parent families in Australia are already able to receive the benefit but there is no universal scheme for single parents.
The government said it wanted to ensure that families with children were able to have a “shared experience”.
The Federal Budget also announced a national strategy to help Australian companies increase their presence in Asia, and a $2 billion package for the Australian Manufacturing Innovation Fund.
Australian Manufacturing Australia is the national body that represents the manufacturing industry in Australia and manages about $20 billion in spending by businesses.
The group’s CEO Andrew Ross, said while Australia had become the global leader in the global manufacturing sector, there were still areas of opportunity in the country, and that the Government was committed to improving access to the skills and knowledge that underpin Australia�ll manufacturing industry.
He also highlighted the importance of regional manufacturing in the “big picture” of the country�s economic recovery.
Australian Media Co-operative CEO Mike Gannon said the organisation would continue to work with industry on “business opportunities and innovation”.