Soon after Sydney was announced as the site of the 2000 Summer Olympic Games, a public-private partnership investment promotion initiatives, investment in 2000 was introduced to promote Australia as a business location in the Pacific. Partnership, which includes Westpac Banking Corp (First Bank of Australia and the oldest public companies),) Telstra (major telecommunications carriers in Australia), Invest Australia (national investment agency of the government), and the Department of State and Regional Development of the State of New South Wales, aims to position Australia as a place with strategic proximity to the Asian markets and enhance its attractiveness as a foreign direct investment destination. "Hide
by Michael Enright, Andrew Lee Source: University of Hong Kong, 25 pages. Publication Date: August 15, 2001. Prod. #: HKU130-PDF-ENG