Australia's PESTLE Analysis shows different factors that influence the country. PEST analysis describes a framework of macro-environmental factors used in the environmental scanning component of strategic management. 'Political Factor' would be stability to some extent and a healthy/positive environment for business. 'Economic Factor' would be that the per capita income in Australia is high, the quality of life of the people in Australia is high, and people spend well on various products of their needs. 'Social Factor' would be that the people in Australia are educated and pay attention to society's overall growth, essential for the companies to create positive impressions upon the customers, and 2018 witnessed the higher CPI during the last ten years.
