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Business View Australia - April 2015 13

conducted by the OECD, indicates that while

Australian students scored an average of

514 in reading literacy, maths and science,

students from OECD countries scored only

497.

The August, 2014 survey carried out by the

Economist Intelligence Unit on the liveability

ranking of cities has Melbourne at the top for

the fourth year in a row, with Adelaide (ranked

at 5), Sydney (7) and Perth (9) making it to the

list of the 10 best cities to live in the world.

Victoria, the state in which Melbourne is located,

can lay claim to be the information and commu-

nication technologies hub of Australia. It has over

91,000 people employed in the ICT industry, which

is approximately a third of the total employment in

this sector. The ICT companies have a turnover of

US$34 billion of which US$2.5 billion is from over-

seas. More than half of the top 30 technology com-

panies in Australia have their headquarters in Mel-

bourne.

World Bank Doing

Business 2015 sur-

vey

Australia has ranked 10th amongst 189 countries in

the ease of doing business survey conducted by the

World Bank.

The survey is a yearly exercise which analyses vari-