Saturday, 29 August 2015 Sydney
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Invest In Australia News::

  • Export grants vital to Australia's trade, jobs and growth

    A comprehensive, independent review of the Export Market Development Grants (EMDG) scheme has found the grants remain integral to the success of Australia’s international businesses.

    Tabled in Parliament by Trade and Investment Minister Andrew Robb, the 2015 Review of the Export Market Development Grants (EMDG) scheme concluded the grants helped exporters create, develop and expand their markets overseas.

    “Over 40 years the scheme has helped small and medium-sized exporters cover their promotional costs of expanding into international markets. On coming to office the Coalition injected an additional $50 million into the EMDG after the previous government cut $25 million from the program,” Mr Robb said.

  • $12 million to strengthen food security in the Indonesia-Australia red meat and cattle sector

    Minister for Agriculture, Barnaby Joyce, and Chairman of the Indonesia Investment Coordinating Board (BKPM), Franciscus Sibarani, announced the agreement to invest over $12 million from the Indonesia-Australia Partnership on Food Security in Red Meat and Cattle Sector (the Partnership) in projects which will deliver benefits for both nations. 

    Minister Joyce said the Partnership supported industry and governments in both nations to work together to improve the productivity, sustainability and competitiveness of the Indonesian red meat and cattle sector and to further strengthen both nation's bilateral trade relationship.  

  • KPMG response to state and federal treasurers’ announcement on GST

    Deborah Jenkins, KPMG Tax Partner: “Charging GST on imported goods will bring this into line with the proposed move on digital services, which is a sensible measure. It will mean for example that an e-book will be taxed the same way as a hard book. It will ultimately bring us more in line with the rest of the world.  At times, the low value threshold (LVT) debate has detracted from the real issues around tax reform in Australia, and the important role that GST can play. So hopefully this important change is the first step on a longer GST reform journey, even though no wider agreement on GST was reached today.  

  • Minister for Defence – Visit to Titjikala, NT, for the Army Aboriginal Community Assistance Programme

    The Australian Government today announced a $1.2 million grant to the Invasive Animals Cooperative Research Centre (CRC) to assist in the national roll out of a new naturally occurring overseas strain of rabbit calicivirus called K5 which will boost existing biological control agents that are already out in the environment. 

    Minister for Agriculture, Barnaby Joyce, said the grant reflected the government's commitment to supporting a collaborative approach to pest animal management and research.  

    "Effective management of pest animals is critical to productivity and profitability at the farmgate," Minister Joyce said. 

  • $1.2 million in new funding to assist develop rabbit controls

    The Australian Government today announced a $1.2 million grant to the Invasive Animals Cooperative Research Centre (CRC) to assist in the national roll out of a new naturally occurring overseas strain of rabbit calicivirus called K5 which will boost existing biological control agents that are already out in the environment. 

    Minister for Agriculture, Barnaby Joyce, said the grant reflected the government's commitment to supporting a collaborative approach to pest animal management and research.  

    "Effective management of pest animals is critical to productivity and profitability at the farmgate," Minister Joyce said. 

  • Rekindled interest? The tide turns on outbound holiday travel

    • Domestic holiday numbers boom as overseas leisure travel stalls in first six months of 2015
    • Growth of international visitors continues to remain strong into H2 2015 and beyond
    • Tasmania, Victoria post strong growth in visitor numbers during H1 2015 
    • Gold Coast, Tropical North Queensland hotels record strong increases

    20 August 2015: The tourism dashboard has lit up with signs Australians are rekindling their love affair with local holiday destinations, according to Deloitte’s la

  • jobactive helping job seekers and businesses in Canberra

    Senator for the Australian Capital Territory, Zed Seselja and Assistant Minister for Employment, Luke Hartsuyker today officially launched the MAX Employment jobactive site in Belconnen.

    Senator Seselja said the new site will help Canberrans find work under the Australian Government’s new $6.8 billion jobactive service.

    "The Government’s new programme includes many features designed to help job seekers, especially disadvantaged job seekers, with finding work.

    "One of the key features of the new model is a $1.2 billion wage subsidy pool.

  • IA confirms Perth Freight Link is the solution

    Infrastructure Australia has confirmed that the Perth Freight Link is the infrastructure solution Western Australia needs to drive economic growth and boost the productive capacity of Perth's transport network.

    Contrary to the article in this morning's Western Australian newspaper, the Infrastructure Australia assessment does NOT say the project will result in fewer benefits.

    In fact, the assessment says the project aligns with Infrastructure Australia's strategic priorities to ‘increase productivity’, ‘expand productive capacity’ and ‘build on Australia’s global competitive advantages' through delivering a more efficient freight network.

  • Noise mitigation work on Warrell Creek to Nambucca Heads upgrade

    Works are progressing on the $830 million Warrell Creek to Nambucca Heads section of the Pacific Highway upgrade, with the noise mitigation contract awarded to GHD Pty Ltd.

    Deputy Prime Minister and Minister for Infrastructure and Regional Development Warren Truss said the project would deliver almost 20 kilometres of four-lane divided highway and new interchanges at South Macksville and Warrell Creek.

    “The Warrell Creek to Nambucca Heads upgrade will reduce traffic passing through Macksville, which will significantly improve the town amenity,” Mr Truss said.

    “The Australian Government has committed $5.64 billion towards completing the Pacific Highway upgrade by the end of the decade.”

  • Wong and Labor face major economic test on free trade deal with China

    Trade and Investment Minister Andrew Robb is calling on Penny Wong to put the country’s future prosperity above internal Labor Party politics, and to stop peddling union lies about Australia’s landmark Free Trade Agreement with China (ChAFTA).

    “Our agreement with China – our biggest trading partner – will open up huge opportunities for our resources, agriculture, manufacturing and service industries and will create thousands upon thousands of jobs well into the future,” Mr Robb said.

  • Be biosecurity aware this Rakhi

    As Rakhi fast approaches, Australians and overseas relatives are reminded to be careful when selecting, bringing or sending gifts from overseas, as some items could unintentionally harbour harmful pests and diseases. 

    Minister for Agriculture, Barnaby Joyce, said Rakhi was a peak period for biosecurity officers at our airports and mail centres.  

    "The Hindu festival Rakhi, which this year falls on Saturday 29 August, is widely celebrated in Australia, with the relationship between brothers and sisters recognised through the exchange of traditional gifts such as colourful threads and traditional sweets," Minister Joyce said. 

  • Canadian pension funds invest in Australian agriculture

    Australian agriculture is becoming an asset category of choice for Canadian pension funds, with two of Canada’s major funds making recent investments into the sector.

    The Ontario Teachers’ Pension Plan Board, Canada’s largest single-profession pension fund, has invested in almond properties in Victoria while the Public Sector Pension Investment Board, has taken a stake in cattle properties in Queensland. Both investments reflect growing international interest in Australian agribusiness and food, buoyed by the sector’s reputation as a safe and stable supplier of high-quality food to Asian markets.

  • TOPICS: Commissioner Heydon, Marriage, Tax reform, Polls

    PATRICIA KARVELAS: The Federal Government is struggling to get its economic messages out with another day of debate on marriage equality and controversy at the Trade Union Royal Commission. Today a group of eight Lower House MPs introduced a marriage equality Bill and we’ll soon talk to the Bill’s sponsor Warren Entsch. His bill is unlikely to be voted on but its refocussed attention on what is the Coalition’s policy on marriage equality. Several front benchers have today publicly disagreed on the details. I spoke a short time ago with Finance Minister, Mathias Cormann just before he joined tonight’s Cabinet meeting.

    Mathias Cormann welcome to the program. 

    MATHIAS CORMANN: Good to be here.

  • Restart programme providing benefits to the ACT

    The Australian Government’s Restart programme has helped Canberra’s Rainbow Cottage Early Childhood Centre hire an older worker whose life time of experience is now benefiting some of Canberra’s youngest children.

    Senator for the ACT Zed Seselja joined Ambassador for Mature Age Employment, Susan Ryan AO at the Centre to see how Restart is helping the small business, its young charges and an older worker.

    Restart offers employers up to $10,000 in wage subsidies to help with recruitment and related costs when they hire an eligible job seeker aged 50 or over.

    Senator Seselja said the Restart programme made it easier for businesses to hire older Australians.

  • Small Business can unlock big growth with the internet: PwC & Google report

    Australian small businesses can unlock an additional $49.2 billion in output over the next ten years by making better use of existing technology, PwC analysis commissioned by Google released today shows.

    “That’s how much the Federal Government has committed to current and future infrastructure projects in this year's budget,” PwC economics partner Jeremy Thorpe said while releasing the interactive report, ‘Small Business: Digital Growth’ with Google.

    “Despite Australia’s recognition as a nation of early adopters, our small businesses are not fully embracing the transformational benefits that mobile and internet technology has to offer.”

  • TOPICS: Perth Freight Link, Commissioner Heydon, Marriage

    GARY ADSHEAD: Welcome back. I’ve got the Federal Finance Minister, Mathias Cormann in the studio with us. If you’re listening to what we discuss here in relation to Perth Freight link and other issues and you want to get on the line and ask the Minister a question feel free. 9221 1882. Thanks very much for your time Minister.

    MATHIAS CORMANN: Good to be here.

     GARY ADSHEAD: Okay, this Perth Freight Link, it’s starting to become quite a divisive, quite controversial. When I heard about it to start with, you know Federal Government is going to kick in $1.6 billion, you’d be thinking well that’s great, that’s a win for Western Australia. Where is it going wrong?

  • Adding bite to Western Australia’s fight against wild dogs

    Farmers in Western Australia (WA) will receive a boost in efforts to combat the scourge of wild dogs, with $1.13 million in additional federal funding allocated to the WA Government. 

    Minister for Agriculture, Barnaby Joyce, said the funding would help WA producers lessen the significant financial and social burden of wild dogs.

    “This funding will assist the WA Government to engage landholders and increase effort and collaboration to combat wild dogs which can have a massive impact on producers’ bottom lines,” Minister Joyce said. 

  • Thai hotel group invests in Australia’s north

    Thailand’s Minor Hotel Group has announced its first deal in Australia’s Northern Territory with the A$57.1 million acquisition of Elan Soho Suites in Darwin.

    A 301-room hotel completed in 2014, the property is being rebranded the Oaks Elan Darwin.

    Dillip Rajakarier, CEO of the Minor Hotel Group, said that the acquisition is part of the company’s business expansion strategy which focuses on making strategic investments in Australia and that the decision to purchase in Darwin was a natural progression for the company as they continue to expand their foothold in key Australian markets.

  • Labor opposes more jobs and better roads for Perth

    The Australian Labor Party has no infrastructure plan for Western Australia, preferring instead to side with the Greens in the Senate to oppose the world class Perth Freight Link project.

    This latest political stunt by Labor shows they are against creating thousands of jobs, slashing travel times for motorists and building Western Australia’s economic capacity.

    Like the Greens, Labor now oppose billions of dollars of infrastructure projects across Australia - the East West Link in Melbourne, WestConnex in Sydney and now the Perth Freight Link.

    Tens of thousands of new jobs and billions of dollars of economic activity would evaporate if the Labor/Greens alliance had their way.

  • Joyce welcomes ratification of historic China live export deal

    Minister for Agriculture, Barnaby Joyce, today welcomed the news that the Chinese Government has countersigned the Australian feeder and slaughter cattle import health protocol.  

    "My counterpart in China, Minister Zhi Shuping, has now ratified the agreement for export of Australian slaughter and feeder cattle to China," Minister Joyce said. 

    "We now expect import permits to filter through to Australian exporters, who are getting the groundwork in place, including establishing supply chains under the Exporter Supply Chain Assurance System (ESCAS). No exports can take place until ESCAS arrangements have been verified and approved by the Department of Agriculture to ensure Australia's world leading animal welfare standards are maintained.  

  • UK equity firm invests in Australian horticulture

    The UK equity firm, Mondrian Investment Partners Ltd, has invested around A$60 million in the Costa Group, Australia’s largest horticulture company.

    Costa, which has 3,000 hectares of farmed land across Australia and 20 hectares of state-of-the-art glasshouse production, listed on the Australian Stock Exchange in late July 2015. The group owns 42 farms, works with over a hundred contract growers, has its own distribution and wholesale market operations, and employs 6,000 people.

  • Calling for local people and local projects for Green Army Round Four

    The Australian Government is calling for more local people to join the Green Army to work on local projects that will make a real difference to our environment.

    Applications for projects under Round 4 of the Green Army programme are now open for projects.

    We want local people to join the Green Army to work on local projects in our community, and we want local groups to come forward with ideas for projects.

    Community organisations, Landcare groups, natural resource management organisations, environment groups, Indigenous organisations, local councils and others can now nominate for a new Green Army project that has a clear focus on conservation of the environment or National or World Heritage places.

  • Calling for local people and local projects for Green Army Round Four

    The Australian Government is calling for more local people to join the Green Army to work on local projects that will make a real difference to our environment.

    Applications for projects under Round 4 of the Green Army programme are now open for projects.

    We want local people to join the Green Army to work on local projects in our community, and we want local groups to come forward with ideas for projects.

    Community organisations, Landcare groups, natural resource management organisations, environment groups, Indigenous organisations, local councils and others can now nominate for a new Green Army project that has a clear focus on conservation of the environment or National or World Heritage places.

  • Calling for local people and local projects for Green Army Round Four

    The Australian Government is calling for more local people to join the Green Army to work on local projects that will make a real difference to our environment.

    Applications for projects under Round 4 of the Green Army programme are now open for projects.

    We want local people to join the Green Army to work on local projects in our community, and we want local groups to come forward with ideas for projects.

    Community organisations, Landcare groups, natural resource management organisations, environment groups, Indigenous organisations, local councils and others can now nominate for a new Green Army project that has a clear focus on conservation of the environment or National or World Heritage places.