The reason why Australia experienced a weakness in the economic side (as of May 2016) is connected to the closure of the mining construction in the country. However, the country’s political stability, transparent regulatory system, and outstanding governance structure make it easy for the country to recover quickly.
Australia is ranked in the global top five on the Index of Economic freedom. This only means that the country has a safe and secure business environment. Also, Australia has healthy institutional structures and strong finance and banking regulations. The remuneration of professionals also offers a great and competitive deal.