Services statistics capture the trends, contribution and competitiveness of the sector
Action 5.1C
The Government will conduct a survey of Australian Indigenous business participation in international trade and success in attracting foreign direct investment to help inform the work of Government in assisting Indigenous businesses participate in international markets.
recommendation/s
The Australian Government should work with industry to build on other activities (such as the Australian International Business Survey) and conduct a services sector specific survey to provide a snapshot that can be combined with existing ABS data to build a better picture of services exports and international practice.
Progress to date
The Department of Foreign Affairs and Trade commissioned Indigenous supplier (i2i Global) on behalf of the Indigenous Network for Investment, Trade and Export (IgNITE) to conduct research into Australian Indigenous business participation in international trade and their success in attracting foreign direct investment. The findings, Inclusive Trade: Unlocking the Potential of Australia’s Indigenous SMEs was released in December 2021.