Australia, with its strong economic outlook and affluent consumer base, presents itself as an attractive destination for entrepreneurs and investors seeking lucrative opportunities. Ranked as the 13th largest economy in the world in 2023, Australia has a nominal GDP of approximately A$2.2 trillion (US$1.6 trillion) and nearly 6 million households with annual incomes above US$75,000. This economic prosperity not only highlights Australia’s resilience but also presents unparalleled opportunities for insightful startups looking to thrive in a market full of potential.
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