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Australia trading environment faces radical change

Features

Australia’s trading environment faces radical change

Australia’s prosperity and security fundamentally depend on trade. Whether it is through multi-billion-dollar export industries or connections to global supply chains for imports, no part of our economy or society isn’t deeply intertwined with trade. Read More

Mignon D'SouzaDecember 7, 2022, 10:18 amDecember 7, 2022 Comments Off 121

complexity

Manufacturing News

Manufacturing could grow the complexity of Australian exports

The Advanced Manufacturing Growth Centre (AMGC) has advocated for Australia’s potential to grow the complexity of its exports by co-investing in local manufacturing excellence, in the light of a new report.
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Alexandra HaynesAugust 12, 2022, 3:54 pmAugust 12, 2022 Comments Off 175

Mercurius Biorefining

Manufacturing News

Mercurius Biorefining sparks new industrial biotech sector

Mercurius Biorefining has finalised commissioning and will commence operations at their pilot plant at the Queensland University of Technology (QUT) Biocommodities Facility in Mackay, which will help spark a sustainable, export-oriented industrial biotechnology and bioproducts sector.
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Alexandra HaynesOctober 15, 2021, 8:45 amOctober 15, 2021 Comments Off 171

food and grocery

Manufacturing News

Australian food and grocery manufacturing grows due to exports

New data from the Australian Food and Grocery Council (AFGC) has shown the value of Australia’s food and grocery manufacturing industry has grown by four per cent to almost $133 billion, driven by a rise in the value of exports.
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Alexandra HaynesSeptember 29, 2021, 8:19 amSeptember 29, 2021 Comments Off 103

EMDG

Manufacturing News

EMDG program helps Australian manufacturers enter global markets

The Export Market Development Grants (EMDG) program – facilitated by federal government’s trade, investment and education promotion agency, Austrade – will now fund manufacturers’ eligible export activities.
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Alexandra HaynesJuly 5, 2021, 8:24 amJuly 5, 2021 0 125

Manufacturing News

New Global Resources Strategy to help diversify exports

The federal government will invest $20 million in a Global Resources Strategy to find new markets for Australia’s resources and technology, and aid in diversifying exports. Minister for Resources,
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Alexandra HaynesMay 11, 2021, 9:00 amMay 11, 2021 0 95

Manufacturing News

$13 Million package to boost regional exports

NSW small and medium exporters will benefit from almost $13 million in support programs aimed at creating jobs and supporting the regions, including a $10,000 Exporter Assistance Grant. Deputy Premier
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Syed ShahJune 26, 2020, 2:37 pmJune 26, 2020 0 100

Manufacturing News

Trade surplus confirmed for 2019

Australia has posted a trade surplus of $67.6 billion for the 2019 calendar year, according to data released by the Australian Bureau of Statistics on Thursday, with the value of exported manufactured
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Tajna BiscevicFebruary 7, 2020, 9:21 amFebruary 7, 2020 0 98

Manufacturing News

Queensland launches $1 million export grants program

Queensland premier Annastacia Palaszczuk on Thursday announced a $1 million export grants program to help Queensland businesses “go global” by launching their products in overseas markets. “Exports
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Tajna BiscevicFebruary 7, 2020, 8:43 amFebruary 7, 2020 0 104

Manufacturing News

Study partner program gives valuable insights to exporters

The NSW government, through a Study NSW Partner Project grant, has supported a pilot program that matches international students in NSW with NSW-based exporters to complete market research projects for
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Miri SchroeterMarch 4, 2019, 8:14 amMarch 4, 2019 0 90

Manufacturing News

Australia concludes free trade deal talks with Hong Kong

The federal government has concluded negotiations with Hong Kong on the Australia-Hong Kong Free Trade Agreement (FTA), with the deal to come into force next year. The conclusion of the agreement with
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Staff WriterNovember 16, 2018, 11:13 amMarch 24, 2020 0 116

Manufacturing News

Australia officially ratifies TPP-11 trade deal

Australia has ratified the Trans-Pacific Partnership (TPP-11) trade agreement, making it the sixth country to officially join the historic deal. With six countries now having ratified the agreement, the
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David LoneraganOctober 31, 2018, 9:57 amOctober 31, 2018 0 92

Manufacturing News

Australia accepted into WTO government procurement agreement

Australia has been accepted to join the World Trade Organisation (WTO) Agreement on Government Procurement (GPA), following three years of negotiation. A plurilateral agreement within the framework of
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David LoneraganOctober 19, 2018, 10:29 amOctober 19, 2018 0 128

Manufacturing News

TPP-11 passes federal parliament

The Trans-Pacific Partnership (TPP-11) has passed parliament, making Australia the fourth nation to ratify the global trade agreement involving 10 other countries. On Wednesday, Labor voted with the government
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David LoneraganOctober 18, 2018, 11:12 amOctober 19, 2018 0 95

Manufacturing News

Trade in services sets new record

Australia’s total trade in services reached a new record of $166 billion in 2016-17, driving economic growth and helping create new jobs. The record has been driven by services exports rising 8.3
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Tara HamidMarch 23, 2018, 9:22 amMarch 23, 2018 0 97

Manufacturing News

QuintessenceLabs gets investment boost from DoD

QuintessenceLabs was awarded a $3.26 million investment from the Australian Department of Defence to continue the expansion of its quantum key distribution (QKD) capabilities and extend it to free space
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Syed ShahJuly 18, 2017, 10:52 amJuly 18, 2017 0 92

Manufacturing News

New life breathed into Newcastle maritime maintenance

Last week, the NSW government announced the funding for the renewal of the Fitzroy Street shipyard slipway to reactivate the Port of Newcastle and the Hunter as a major marine ship repair and maintenance
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Syed ShahJuly 3, 2017, 9:00 amJune 30, 2017 0 89

manufacturer

Manufacturing News

Qld pet treat manufacturer expands exports

Sunshine Coast pet treat business Huds and Toke has expanded into the Japanese market, after receiving a government grant in April. The family business started four years ago, manufacturing high-quality
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Staff WriterJune 9, 2017, 12:45 pmJune 9, 2017 0 95

energy crisis

Manufacturing News

Plans for offshore LNG facility to address energy crisis

The development of a floating liquefied natural gas (LNG) import facility off Victoria has been suggested as a means to address rising energy costs. The Andrews government is allegedly in talks with energy
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Staff WriterJune 6, 2017, 11:25 amJune 6, 2017 0 119

free trade

Manufacturing News

ECA supports Australia-Hong Kong Free Trade Agreement

The Export Council of Australia (ECA) has welcomed the launch of negotiations over the Australia-Hong Kong Free Trade Agreement (A-HKTFA). Hong Kong is a crucial trade and investment partner for Australia,
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Staff WriterMay 19, 2017, 11:44 amMay 19, 2017 0 79