Australia has been listed as a Top Ten global destination for foreign direct investment (FDI) for the fourth year in a row by the World Investment Report 2015, published by the United Nations Conference on Trade and Development (UNCTAD).
From 2012–2014, Australia attracted US$162 billion in FDI flows, and increase of 30 per cent on the previous three year period (2009-2011). This ranks Australia higher than other large economies including India, Russia, Chile and Indonesia.
In 2014, Australia was the eighth largest recipient of FDI inflows, valued at US$52 billion. This figure accounted for 4.2 per cent of all global FDI inflows in 2014, a percentage greater than many major developed and developing countries including Germany, France, Japan, Italy and South Korea.
Victoria has always been well placed to take advantage of Australia's standing as a strong and safe destination for foreign direct investment. It is one of only two Australian states to possess a Triple A Credit rating - the gold standard for world economies, and six of the top ten international companies in Australia are headquartered in Melbourne.
Melbourne has welcomed investment from all over the globe and across many industries, including ICT, professional and financial services, advanced manufacturing, advanced food processing, biotechnology and clean technology. Invest Victoria facilitated more than A$2.6 billion of foreign direct investment into the state in 2013-14, which helped to create 6,300 new full-time equivalent (FTE) jobs in Victoria.