2. What issues should an Australian business looking to conduct business in Germany be aware of? • Relating to the country's political economy (i.e., political, economic & legal) • Relating to the country's economic and human development

Sure, here are some issues an Australian business should be aware of when conducting business in Germany:

Relating to the country's political economy:

1. Political: Germany has a stable political environment, but it's important to understand the country's political structure and decision-making processes. Germany is a federal republic, meaning decisions are made at both the national and state levels. Understanding this can help in navigating regulatory issues.

2. Economic: Germany has a strong economy, being the largest in Europe and the fourth largest in the world. However, it's important to understand the specific sector you're entering, as some are more developed and competitive than others.

3. Legal: Germany has a well-developed legal system, but it can be complex. It's important to understand the laws related to your business, such as labor laws, tax laws, and regulations specific to your industry.

Relating to the country's economic and human development:

1. Economic Development: Germany has a highly developed economy, with a strong focus on manufacturing and exports. Understanding the country's economic structure and key industries can help in identifying opportunities and challenges.

2. Human Development: Germany has a high standard of living and a well-educated workforce. However, it also has strict labor laws and high labor costs. Understanding these factors can help in planning your business operations and workforce strategy.

Remember, it's always a good idea to seek local advice when expanding your business to a new country.