Global media company Forbes has published its latest annual list of the best countries for business, with Canada, Australia, New Zealand and the United Kingdom placing within the top 11.
Out of 139 countries listed, New Zealand topped the CANZUK countries placing 2nd overall, followed by the UK in 5th, Canada in 10th and Australia in 11th place.
Forbes ranked each country according to its government’s business policies and practices, including the reduction of tariffs on foreign imports, business deregulation, welfare state cuts, tax cuts and overall trade balances.
Combining the scores for an overall “CANZUK” ranking places the CANZUK nations in 7th place, ahead of economically developed countries such as Norway, Singapore, Switzerland, Germany and the United States.
CANZUK International continues to campaign for the free movement of citizens between Canada, Australia, New Zealand and the United Kingdom, as ease of labour mobility has been proven to strengthen economic ties and provide a greater pool for businesses to recruit skilled international labour, as seen through the Trans-Tasman Travel Agreement between Australia and New Zealand.
To view our recent policy submission advocating the inclusion of Canada and the United Kingdom to the Trans-Tasman Travel Agreement between Australia and New Zealand, please click here.
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