Our Australian base has provided an excellent platform for NDY’s global expansion.
During the 1960s and 1970s the focus of the firm’s founders was the establishment of strong multidisciplinary offices in each major Australian city.
The growth was organic with each new office established by a senior NDY staff member who was well versed in our systems and methodologies. As each new office grew and achieved success, the leaders of the office progressed to shareholding in the firm. The fact that shareholding was in the overall group and not only in the local office, provided a sharing of experience and personnel that contributed to a sense of common purpose and a technical consistency across the group.
The 1960s and early 1970s was a period of significant growth for the Australian economy and Australian cities in particular. NDY was able to capitalise on this positive trend by expanding from our original Sydney base to Perth, Melbourne and Brisbane.
The latter part of the 1970s and early 1980s was a period of economic turmoil. High inflation and the OPEC oil price hike of 1974 created uncertainty in the global economy and significant difficulties in the Australian economy.
As the 1980s unfolded, the Australian economy faced global challenges with the floating of the dollar. An increasing number of firms began to look for opportunities offshore.NDY was active in establishing a presence in Malaysia from 1982 and New Zealand in 1987. The firm was also active in Australia establishing a presence in Canberra in 1982 and Adelaide in 1984.
Our Australian operations grew dramatically through the 1980s. The recession of the early 1990s had a major impact on NDY but our underlying strength and geographic diversity carried us through. The firm grew significantly through the latter 1990s and continued this growth through the 2000s.
We look forward to the challenges of the coming decades and to building on the very substantial base we now enjoy.