Adelaide has been rated as the most cost-competitive city for doing business in Asia-Pacific by KPMG on its Competitive Alternatives 2016 index. South Australia’s labour costs are 9% below the Australian average and the government offers dedicated skills packages to help your company recruit and train employees. Industrial land and office space are available at lower rates than in other major Australian cities.
As an ideal base for Asia-Pacific operations, Adelaide offers companies the ability to manage sales, marketing and distribution, in a convenient time zone, in a country with a regulatory framework and business culture similar to other developed Western countries. Australia also offers free trade agreements with Japan, Singapore, Malaysia, Korea, Thailand, Indonesia, and China.
Adelaide is the most cost-competitive city
The life sciences sector is strongly supported by government, including:
- 43.5% cashback for R&D.
- Health Industries South Australia, an agency dedicated to helping your company locate in Adelaide.
- Health Industries Fund supporting companies establishing in South Australia.
Adelaide is the ideal city for life sciences companies, no matter what your business needs are