Archived News for Finance Sector Professionals
The 2011 edition of the Global Venture Capital and Private Equity Country Attractiveness Index has ranked Australia seventh out of 80 participating countries, behind the United States, the UK, Canada, Singapore, Switzerland and Japan.
The Index, which follows the original prepared for 2009/10, was produced by an international team of researchers sponsored by the IESE Business School at the University of Navarra and Ernst & Young.
The index evaluates countries with respect to their criteria for international venture capital and private equity allocations. Key drivers for the attractiveness of a country for investors are:
- Economic activity;
- Depth of the capital market
- Investor protection and corporate governance;
- Human and social environment; and
- Entrepreneurial culture and deal opportunities.
The Australian Government is to hold a Tax Forum at Parliament House in Canberra on Tuesday October 4 and Wednesday October 5, to be attended by around 150 representatives of community groups, businesses, unions, and governments, as well as academics and tax practitioners.