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Thiess Case Study

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Thiess Case Study
| 2013 | | MID-TERM EXAM PAPER
Vivi []Dwi Octaviani [016 2011 00 140]Eka Dian Pratiwi [016 2011 00 018] |

[THIESS AUSTRALIA] | Mr. Teuku Rezasyah |

TABLE of CONTENT
Background (3)
A. Australia’s Economic Background (3)
B. Multinational Companies in Australia (3-4)
C. Thiess Australia (4-5)
D. Thiess Indonesia (5)
Level of Analysis (5) A. Case Study (5-6) B. The Chronology of Thiess’ Employment Issue (6)
Responses (7) A. Thiess Response (7) B. Australia’s Embassy Response (7-8) C. Local Government Response (8) D. Parliament Response (8)
The Diplomatic Resolution of Problem (8-9)
Impacts (9-10)
Conclusion (10)
References (11)

BACKGROUND

A. Australia’s Economic Background
The economy of Australia is one of the largest capitalist economies in the world. Australia's total wealth is 6.4 trillion dollars [1]. Australia’s economic growth is largely dependent on the mining sector and agricultural sector with the products to be exported mainly to the East Asian market. Australia is like a home to some of the largest (commodity) companies in the world, such as BHP Billiton, National Australia Bank, Commonwealth Bank, Rio Tinto Group, ANZ, Westpac, Telstra, Macquarie Bank, Woolworths and AMP which also are the 10 largest companies in Australia [2]. Australia is a member of the Asia-Pacific Economic Cooperation(APEC), G20, Organisation for Economic Co-operation and Development (OECD) and World Trade Organization (WTO). The country has also entered into free trade agreements with ASEAN, Chile, New Zealand, Thailand, and the United States.
Strong economic growth in the Asian region, particularly in China, over the past decade or more has had important macroeconomic and structural effects on the Australian economy. Growth in Asia is providing many benefits for the Australian economy. The

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