Efic’s Small Business Export Loan helped Victorian-based beauty product business, Babe Australia (Babe), deliver on three purchase orders in the US and Mexico and continue to build brand presence overseas.
Global Trade Updates
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SYDNEY, Australia; January 30, 2018 – Thomas Global Systems today hosted the Prime Minister of Australia, the Hon. Malcolm Turnbull MP, on an in-depth
tour of the company’s Sydney manufacturing and research and development facilities.
Rising confidence among Australia’s exporters is expected to grow trade and create new jobs this year. A survey of Australia’s small to medium exporters reveals confidence is 10 percentage points higher compared to this time last year. The Exporter Sentiment Index, released today, shows strong confidence among Australian SME exporters with five of the six measures higher than the last survey in 2017.
The ECA stands with other industry bodies to support Australia joining the Trans-Pacific Partnership (TPP) trade agreement. More jobs, higher incomes, lower prices and more choice for consumers – just some of the reasons Australia should back the revived TPP.
Today’s signing of the TPP-11 delivers extra outcomes for Australian exporters that will help create new Australian jobs. Australian beef will benefit from further tariff cuts in a new bilateral agreement the Turnbull Coalition Government secured with Canada through a side letter.
The biggest losers from the US’s steel and aluminium tariffs aren’t other countries that export to the US, the biggest losers are Americans. People mistakenly think tariffs are a burden that foreign exporters have to absorb. They are not; they are a tax on domestic businesses and consumers. Yes, tariffs hurt foreign exporters, but they are collateral damage. It is America’s economy that will bear the full cost of these tariffs. They will make products more expensive for American consumers and make American exporters less competitive.
The NSW Government invites you to learn about the technology and innovation opportunities in ASEAN markets. This seminar will provide expert tips on boosting your export capabilities. This seminar is designed for businesses starting out on the export journey and those looking to consolidate their export knowledge.
The preparation of export documentation can be confusing, time consuming, costly and prone to human error, and yet correct export documentation is vital
for any exporter to transact business in an efficient and cost effective way.
The Regional NSW Investment Prospectus was launched by the Deputy Premier, John Barilaro on Tuesday, 20 February 2018. This is the first time that Regional NSW has had a standalone online resource to provide potential investors (domestic and international) with the “how”, “who” and “what” to be able to invest with confidence.
Australia is having the wrong debate about trade. Trade agreements, like the TPP-11, are only as good as the companies using them. If we’re serious about boosting economic growth through trade, then trade agreements are only part of the answer. The priority must be to address the lack of SMEs in export.
As a business, chances are you’re creating intellectual property that you’ll want to protect. The process of patenting can often be an uncertain and daunting journey. For first time applicants engaging an attorney can greatly increase the chances of success.
In April 2017, the Prime Minister and Minister for Immigration and Border Protection announced a series of significant changes to the employer sponsored visa programs including the abolishment of the Temporary Work (subclass 457) visa program and its replacement with a more restricted Temporary Skilled Shortage (TSS) visa.
Australian Trusted Traders doing business with the USA are set to benefit as The Australian Border Force takes the first step in cementing a new mutual
recognition arrangement with US Customs and Border Protection.
The much anticipated new Temporary Skills Shortage (subclass 482) visa (TSS) will commence in early March 2018, replacing the Subclass 457 visa program
and introducing a training levy for employer sponsored visas. Reforms to the permanent employer sponsored visa programs will also take place at that
time to tighten the eligibility requirements. So what do we know so far about these reforms?
When it comes to advanced manufacturing, Australian companies continue to punch above their weight on the global stage. Australia is fast gaining a reputation as a leader in the field of medical technology. And one innovative company that continues to lead the way is Queensland based Cook Medical Australia.
Using KAFTA is making a big difference for Australian exporters in Korea. Getting the benefits from the agreement can be easier than you think.
Western Australia continues to be Australia's major exporter, accounting for 35.1 per cent of Australia's total exports in 2016-17. Queensland comes in
second, making up 22.4 per cent of the country's exports with New South Wales in third at 22.3 per cent.