Corporate investment is an integral component of any country’s economic prosperity, and in Australia, it is no exception.
Companies have been investing in the country for a long time, and their investments have played a significant role in the growth of the economy.
Looking ahead to the years 2023-2025, the Australian business landscape is expected to experience several changes, which will impact corporate investment. Here are some key trends that are likely to shape the corporate investment landscape in Australia between 2023 and 2025.
Increased investment in renewable energy
As concerns about climate change continue to mount, companies all over the world are looking towards alternative sources of energy. Australia is already a global leader in renewable energy, and there is an expectation that investment in it will continue to rise in the coming years. In 2023-2025, we can expect to see corporate investment in wind and solar energy, as well as in battery storage technology.
Growth in business automation
The Australian government is expected to encourage the adoption of new technologies and innovations to boost the productivity of the country’s workforce. With the increasing prevalence of Artificial Intelligence (AI), Machine Learning, robotics, and the Internet of Things (IoT), we should anticipate significant investments in digital transformation across industries, including finance, retail, real estate, and healthcare, among others.
Large-scale infrastructure development projects are expected to create new investment opportunities over the next few years. The Australian government has already committed significant funding to various infrastructure development projects, including transportation systems, public utilities, and telecommunications networks. Private companies may also invest in these projects, driven by government incentives, tax breaks, and the growing need for smart and sustainable infrastructure.
Greater focus on healthcare
With an ageing population, healthcare could be one of the fastest-growing industries in Australia over the next decade. There is an increasing demand for medical services and a growing need for technologies that can improve patient outcomes. Corporate investment in healthcare is expected to rise, with a particular focus on new technologies, including telemedicine, genomics, and personalised medicine.
Implementation of Corporate Social Responsibility (CSR) Goals