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ARTICLE · 20 APRIL 2018

Three risk pressure points for businesses active in a modern Australia

Businesses need to manage these risks – intellectual property protection; cyber risk; and diversified supply chains.

AustraliaCorporate/Commercial Law

Introduction

The Australian economy is continuing to feel the effects of two important dynamics – the steady march of globalisation and digital disruption. While both are a huge opportunity for businesses active in this country and aboard, they come with significant risks that need to be managed closely.

In this article, we analyse three of those risks – intellectual property protection; cyber risk; and diversified supply chains – and recommend ways for businesses to mitigate them in order to keep growing in a sustainable way.

Regional advantages

Australia has long been hailed for its resources and its privileged location that facilitates trade in the Asia-Pacific region. Today's businesses can boast a variation on these themes: intellectual capital and expertise in a variety of industries, from financial services to renewable energy, set Australia apart in the world's fastest growing region. The Comprehensive and Progressive Agreement for

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