Story image

Five tips to set up your pursuit of the Australian dream

09 Jul 18

The notion of national borders has become more abstract than ever with the combination of cheap air travel and easy access to the internet. One awesome example of this globalisation is the business relationship New Zealand and Australia have forged over the years.

Laws that allow citizens from both nations to freely work between the two countries, and the logistical ease of expanding businesses between territories has been a net positive for both economies.

While our company has benefited from bringing our business across the ditch, it hasn’t always been easy.

Here are five tips to keep in mind when expanding your business into Australia.

Prepare your paperwork

The process of actually setting up a business in Australia is relatively straightforward. Australia is strict with compliance but I wouldn’t say it is bureaucratic. As long as your paperwork is up to scratch the expansion will hopefully be pretty hassle free.

You also need to do your research into any extra considerations or processes your business might specifically need to take. Establishing a money-transfer company comes with it lots of important measures to make sure we are compliant, but we found it to be no more or less onerous than the requirements found in New Zealand.

Basically, just make sure to complete your due diligence before showing up on Aussie shores - might seem like a no brainer but it’s a serious necessity.

Consider your business plan

If you are in the technology industry, you’ll find Australia has far more resources to focus on the research and development of new products than New Zealand. This has a lot to do with government incentives and the sheer scale of Australia.

The prospect of deeper pocketed investors is pretty exciting for young Kiwi companies but your company needs to be worth investing in. Being distinctly different from your competition helps, but being really damn good at what you do is always going to be the key differentiator.

Tell it straight up

One significant point of difference between Australians and Kiwis is how we approach new opportunities and breaking deals. This can be a drawn out affair in New Zealand, with a lot of subtext involved. In Australia, people will tell you exactly how they feel.

Perhaps the best advice I can give from my time spent in Australia is to always be straight up, and tell it how it is. This is how I have always conducted business in both countries, and have found Aussies far more receptive to this kind of communication style, whether it’s employees or potential business partners.

Work/life balance

A great climate and a keen taste for beers and pub lunches means Australians enjoy a similarly luxurious work/life balance to us Kiwis. You won’t have to leave your evenings behind when working in Australia and your new employees won’t expect to either.

In New Zealand we have a fun-loving office culture, which breeds happy and hard working employees. We have tried to bring the same attitude to our business in Australia. Your office culture in Australia will have nuances that will make it unique to New Zealand, but it’s happiness is key to a productive team.

Dress the part

Most days, you can find me at the office in Wellington comfortably kitted out in a pair of shorts and one a T-shirt. While I wear a suit when the occasion requires in New Zealand, the prerogative to get into your Sunday best is generally far higher in the land of the ‘roo.

Australians tend to put more emphasis on how they look. Even software developers wandering around a Sydney tech startup will likely be rocking the flashest jandals on the market.

Before cruising to Oz, make sure you have a suit in working order and that you’re putting your best shoe forward. Having a good appearance shows your Aussie counterparts that you mean business. You don’t need to go over the top, but that extra care can go a long way.

Article by OrbitRemit co-founder and CEO Robbie Sampson.

Report finds GCSB in compliance with NZ rights
The Inspector-General has given the GCSB its compliance tick of approval for the fourth year in a row.
Preparing for e-invoicing requirements
The New Zealand and Australian governments are working on a joint approach to create trans-Tasman standards to e-invoicing that’ll make it easier for businesses in both countries work with each other and across the globe
5c more per share: Trade Me bidding war heats up
Another bidder has entered the bidding arena as the potential sale of Trade Me kicks up a notch.
Hootsuite's five social trends marketers should take note of
These trends should keep marketers, customer experience leaders, social media professionals and executives awake at night.
Company-X celebrates ranking on Deloitte's Fast 500 Asia Pacific
Hamilton-based software firm Company-X has landed a spot on Deloitte Technology’s Fast 500 Asia Pacific 2018 ranking - for the second year in a row.
Entrepreneur reactivates business engagement in AU Super funds
10 million workers leave it up to employers to choose their Super fund for them – and the majority of employers are just as passive and unengaged at putting that fund to work.
Tether: The Kiwi startup fighting back against cold, damp homes
“Mould and mildew are the new asbestos. But unlike asbestos, detecting the presence – or conditions that encourage growth – of mould and mildew is nearly impossible."
Capitalising on exponential IT
"Exponential IT must be a way of life, not just an endpoint."