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