Monday, 29 August 2016 Sydney

Invest In Australia News::

  • Home Improvement Scheme

    Territory tradies and small businesses are on a roll with over $10 million in work generated from the Home Improvement Scheme.

    Under the scheme, Territory homeowner-occupiers can apply to receive vouchers of up to $2,000 to go towards minor home improvements, repairs or maintenance works on the condition they use registered, local small businesses or tradies and contribute at least the same amount.

    Steve Ford, owner of Darwin-based Roofseal NT, said his business had seen a significant increase in work since the scheme was introduced on 5 June.

  • South Australia leading the way in digital transformation

    South Australia is leading the way in transforming and modernising its public services through digital technologies, according to a new report.

    The latest Digital Government Readiness Report, released today at a conference in Adelaide, shows the State’s digital transformation score has increased by 17.3 per cent in the past 12 months.

    The State Government is also ranked equal second in this category when compared to other states and territories.


  • ACCC proposes to deny authorisation of real estate advertising collective negotiations

    The Australian Competition and Consumer Commission has issued a draft determination proposing to deny authorisation to Property Media Group Pty Ltd (PMG). PMG is seeking to collectively bargain and boycott suppliers of online and print real estate advertising, including and

    PMG made the application for authorisation on behalf of itself and 170 real estate agents ranging from individual agents to representatives of large franchise groups.

  • ACCC reminds suppliers of their rights under Food and Grocery Code

    All suppliers to Coles, Woolworths and Aldi now have the full benefit of the Food and Grocery Code of Conduct (Code).

    “Reports received by the Australian Competition and Consumer Commission suggest that a majority of suppliers have chosen to enter Code compliant grocery supply agreements (GSAs) with the supermarkets. It is important to recognise that from 1 July 2016, suppliers of Aldi, Coles and Woolworths who had not yet signed new GSAs still have the default protections provided by the Code, which overlay their existing terms,” ACCC Chairman Rod Sims said.  

  • Tax Help centres open across Australia

    Tax Time 2016 is well underway and the ATO’s Tax Help service is once again assisting low-income earners to meet their tax obligations.

    Assistant Commissioner Graham Whyte said that 835 volunteers across Australia will be supporting people who need assistance completing their tax returns this year.

  • Opal data for apps to improve travel

    Minister for Transport and Infrastructure Andrew Constance said the new Opal data gives mobile devices real-time information, such as whether a bus is empty, has seating or is crowded. 

    With this information, customers can make the choice to jump on a bus or wait for the next service.

    “We know there are busy bus routes across the metro area, so letting customers know how busy their service is will enable them to make commuting choices earlier,” Mr Constance said.

  • China’s BGI invests in Australian genomics R&D

    Global genomics company BGI has reinforced its research and development (R&D) ties with Australia by opening a new Asia-Pacific headquarters in Brisbane.

    The China-based company has signed agreements to undertake R&D with Australia's Commonwealth Scientific and Industrial Research Organisation (CSIRO), Griffith University and James Cook University.

  • Less Talk And More Action Needed On Banks

    Small businesses caught-up in banking disputes are looking for immediate action to resolve their issue, not a drawn-out talk fest about the banks, Australian Small Business and Family Enterprise Ombudsman (ASBFEO) Kate Carnell said.

    “Speaking from a small business perspective, the current political debate about the most effective ways to deal with community concerns regarding the banks, needs to acknowledge the importance of finding solutions to individual problems quickly and effectively,” Ms Carnell said.

  • Melbourne’s small businesses stand the test of time

    The City of Melbourne will formally recognise the resilience, dedication and passion of our city’s long term, small and generational businesses next month with a black and white photography exhibition at the Block Arcade and the annual Lord Mayor’s Commendations ceremony.

    ​​Lord Mayor Robert Doyle said that the City of Melbourne would this year award the accolade to 54 independent small businesses that have operated in the municipality for more than 10 years and three generational businesses. 

  • Energy prices remain low under Hodgman Government

    The Economic Regulator has confirmed that the Hodgman Government is delivering low electricity prices for Tasmanians.

    The Comparison of Australian Standing Offer Energy Prices Report released today shows that prices in Tasmania are in the low range of prices in Australia.  Our energy strategy is committed to keeping downward pressure on power prices and this report confirms that it’s working.  This applies to both electricity and gas prices for residential customers and also for electricity prices for business customers.

  • Midland Highway upgrade on track and creating jobs

    The Hodgman Liberal Government is committed to ensuring Tasmania’s future infrastructure needs are met, and we will continue to invest strategically in important projects that create jobs and benefit the community.

    I am pleased to advise the Tasmanian and Commonwealth Government’s joint $500 million, 10 year action plan to transform the Midland Highway is well underway, which will result in improved safety for all users of the Highway and provide the infrastructure needed to support Tasmania’s growing economy.

  • Rebuilding the forest industry and creating regional jobs

    The Hodgman Liberal Government welcomes new figures from TasPorts showing the export of wood products has passed three million tonnes for the first time in five years.

    That’s a massive 1.9 million tonnes, or more than 160 per cent, increase on exports than during the dark days of the failed Labor-Green experiment.

    This is a reflection of renewed confidence and industry security under a Liberal Government.

  • Have your say on CTP insurance in Queensland

    You are invited to have your say on compulsory third party (CTP) insurance in Queensland, with the release today of the CTP Scheme Review Discussion Paper.

    We are seeking feedback from the community and industry on a range of topics based on the four guiding principles for the review – affordability, efficiency, fairness and flexibility.

  • Nura Headphones: Changing The Way The World Hears

    Australian technology startup Nura is changing how you hear. Its innovative headphone design adapts sound specifically to your ears to create a crystal-clear audio experience.

  • 2015–16 Retail Petrol Prices At Lowest Levels In 14 Years But Retail Margins At Their Highest

    The Australian Competition and Consumer Commission’s latest report on the Australian petroleum industry shows that average petrol prices in 2015–16 were at their lowest levels since 2002. However, gross retail margins also increased to their highest levels, indicating that the full benefits of lower international crude oil and refined petrol prices are not being passed on to motorists.

  • Builders buoyed by building approval reforms

    Tasmania’s building and construction industries have been buoyed by the Hodgman Liberal Government’s move to make gaining approvals to build in the State fairer, faster, simpler and cheaper.

    Leading a package of legislative reforms aimed at cutting red tape, the Building Bill passed Parliament last week with the overwhelming support of industry.

    The Bill introduces a risk-based approach to building and plumbing approvals that will remove the need for building permits for many projects, up to and including two-storey houses.

  • Trade mission to India, Indonesia, Sri Lanka and Singapore to boost exports and create jobs

    Next month’s trade mission to India, Indonesia, Sri Lanka and Singapore will focus on increasing export opportunities for Tasmania with some of the world’s biggest and fastest-growing economies.

    The Premier, Will Hodgman, and the Minister for State Growth, Matthew Groom, will lead the trade mission.

    They will be joined by representatives from the education, energy, tourism and hospitality and food and beverage sectors.

  • Desert Mob 2016

    One of the nation’s premier Aboriginal art and cultural events is set to open on Thursday 8 September.

    Presented by the Araluen Arts Centre with partner Desart, Desert Mob 2016 includes hundreds of artworks and events for visitors to attend and participate in.

    Desert Mob has become a nationally significant annual review of art from art centres across Australia’s desert lands since it was established by the Araluen Arts Centre in 1991.

  • Redevelopment of ANZAC Memorial begins

    The first sod has today been turned on the $40 million enhancement of the Anzac Memorial in Sydney’s Hyde Park.

    “It is fantastic that work has today begun on this major upgrade, which will bring to life the original 1930s vision of Sydney’s Anzac Memorial,” NSW Premier Mike Baird said.

    “By enhancing this Memorial we are ensuring future generations can continue to honour those who fought for the freedoms we enjoy today.

  • Hewlett Packard Enterprise and the University of South Australia Joint Degree Overview

    Announced in 2014 Hewlett Packard Enterprise has partnered with the University of South Australia and the South Australian Government to offer a new, jointly developed, four year Information Technology Honours degree that offers a paid twelve-month internship

  • New data reveals postcodes with most lost super

    With new data revealing $11.7 billion is sitting in lost super accounts, the ATO is encouraging all Australians to reconnect with their super using its online services.

    The ATO has today released its latest lost and unclaimed super data. Deputy Commissioner James O’Halloran said the postcode with the highest amount of lost super, totalling $49 million, is the 4740 postcode in Queensland, which covers Mackay and the surrounding suburbs.

    “This figure is just a small slice of the lost super across Australia,” Mr O’Halloran said.

  • Small businesses benefitting from new export loan

    The Turnbull Government is helping small and medium enterprises become exporters through the Small Business Export Loan.

    I am delighted to announce 12 loans – provided by Australia’s export credit agency, Efic – have been approved and the recipients are now exporting. 

    There has been a strong demand and a number of applications are currently being completed and assessed by Efic. 

  • AIBS 2016: Outlook, top target markets, and key risks to international business

    I’ve noted a few times on this blog the challenging environment facing global trade. In that context, one powerful message from the survey results contained in AIBS 2016 is the continued optimism expressed by our respondents.

  • AIBS 2016: Our latest snapshot of Australia’s internationally-active businesses

    Today sees the release of the latest report in the Australia’s International Business Survey (AIBS) series. Supported by Austrade, Efic and the Export Council of Australia (ECA) and conducted by the University of Sydney, AIBS 2016 is the third survey in the AIBS series and builds upon the work of its two predecessors to help inform our understanding of Australia’s international business engagement at the firm level1.