Salvatore Babones was joined by April Palmerlee, CEO of the AmCham, the American Chamber of Commerce in Australia. AmCham includes around 500 company members representing hundreds of thousands of employees operating throughout Australia.
The United States is the biggest investor in Australia, full stop. No one else comes close, not even China. More than 100,000 people in Australia today were born in the United States, with many more claiming American citizenship by descent. American companies employ 420,000 people in Australia on a median salary of $115,000 per year. They spend a billion dollars a year locally on research and development.
April talked to us about the many roles played by American companies in Australia and the importance of the US-Australian relationship for both countries.