Wednesday, 21 February 2018 Sydney
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Invest In Australia News::

  • NBN retailers acquired 38% more CVC

    The ACCC has released its eighth quarterly National Broadband Network Wholesale Market Indicators Report for the period ending 31 December 2017.

    The report highlights a significant increase in Connectivity Virtual Circuit (CVC) acquired, from 1.11 megabits per second (Mbps) to 1.53 Mbps per user since the September 2017 quarter, an increase of 38 per cent.

  • Hyundai to improve consumer guarantees approach

    The ACCC has today accepted a court enforceable undertaking from Hyundai to improve its compliance with consumer guarantee obligations under the Australian Consumer Law (ACL). 

    Customers have automatic rights under the ACL, regardless of whether a problem with a new car is covered by the manufacturer’s warranty, and may in fact be entitled to a better remedy under the consumer guarantees than a warranty.

  • Melbourne’s new High Capacity Metro train on public display

    The Victorian Government will soon launch the final life-size model of Melbourne’s new High Capacity Metro Train, giving people their first chance to experience the biggest, most advanced train in Victoria’s history.

    Premier Daniel Andrews and Minister for Public Transport Jacinta Allan inspected the model train today, which will be on public display at Birrarung Marr from 9 – 17 February.

  • Victorian businesswomen get first-hand look into Asian markets

    Victorian businesswomen are being helped to go global as part of a revamped Victorian Women in International Business program.

    An initiative of the Victorian Government’s ‘Globally Connected: Victoria’s Trade Statement‘, the program last month gave business owners  first-hand insight on how to take their products, knowledge and expertise to  global markets at the ‘Victorian Women in International Business Pan-Asia Export training’ event.

  • Quest for stability by regulators hurts small business

    The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, supports a key finding in the draft Productivity Commission report, Competition in the Australian Financial System, which states the benefits of competition to the individuals and businesses for whom the financial system exists, are being reduced in the quest for stability.

    It also says that prudential regulation substantially limits the scope for traditional price competition in banking.

    “Australia’s prudential rules are focused on system stability, which results in limiting small business credit,” Ms Carnell said.

  • Sydney embraces its history with new naming policy

    Sydney’s most significant historical figures, events and landmarks will lend their names to new streets, parks and community facilities under a new naming policy proposed by the City of Sydney.

    Sydneysiders are being asked to provide their feedback on the draft policy, which will guide the naming of suburbs, roads, open spaces and buildings owned, operated or managed by the City.

    Using names that reflect Sydney’s past helps raise awareness and understanding of the city’s rich collection of events and characters.

  • How one Mildura almond nursery is branching out in a big way

    Collaborating with a Spanish almond nursery is reaping rewards for one Mildura-based nursery.

  • ACCC releases guidance on free range egg standard

    The ACCC has today released guidance for egg producers on its approach to enforcing the new National Information Standard on free range eggs, which comes into effect on 26 April 2018.

    Under the new Standard, egg producers cannot use the words ‘free range’ on their egg cartons unless the eggs were laid by hens that:

  • Seeking creative nightlife advisors for a 24-hour city

    The City of Sydney is seeking people from across the local nightlife and creative sectors to join its new expert advisory panel tasked with invigorating the city after dark.

    The Nightlife and Creative Sector Advisory Panel will give the City advice on how best to support a thriving, diverse and safe nightlife.

    The panel will advise on new City initiatives, identify emerging issues and opportunities for Sydney’s night-time economy, and help the City engage with the local creative, cultural and nightlife community.

  • Avalon to be Victoria’s second international airport

    Victoria will host a second, curfew-free international airport at Avalon which will create more than 200 jobs, grow exports and boosting the visitor economy.

    Air Asia has announced that it will fly twice daily between Avalon and Kuala Lumpur, with flights expected by the end of 2018.

    The move will see 220,000 international passengers arrive in Avalon each year, opening up Geelong and the Great Ocean Road to more international visitors.

  • Australia’s largest purpose-built thoroughbred racing precinct, including a luxury five-star hotel and event centre, has opened its doors in western Sydney.

    The Inglis Riverside Stables complex at Warwick Farm includes:

    • 823 stables
    • a 144-room William Inglis Sofitel Hotel with suites named after champion race horses
    • restaurants and cafes
    • a unique ringside bar where people can dine and inspect the thoroughbreds.

    Minister for Western Sydney Stuart Ayres said the region is becoming a new hub for the equine industry.

  • Protecting South Australia's Prawn Industry From White Spot Disease

    A mandatory ban on the import of crustaceans from parts of Queensland has been extended to prevent the disease from entering South Australia.

    White spot disease (WSD) was first detected on a number of prawn farms in the Logan River and Moreton Bay areas of South East Queensland since December 2016.

    Following extensive surveillance work in Queensland, the risk area been reduced to the immediate area of originally infected farms on the Logan River and Moreton Bay (WSD
    control area). Until further notice the import ban restricts the importation of uncooked prawns from this area.

  • New smartphones boost communications for paramedics in blackspots

    Published 1st February, 2018 in Emergency Services

    Paramedics in rural and regional areas will receive high-tech smartphones to ensure they have undisrupted phone connection when responding to emergencies.

    In a new trial in Bateau Bay, Batemans Bay and Dubbo, 200 vehicles have been fitted with smartphones that function more efficiently than satellite phones in many environments. They are shock-proof, waterproof and dust-resistant.

  • Aboriginal & Torres Strait Islander student rate rise

    New schools statistics released by the Australian Bureau of Statistics (ABS) today show the grade 7 to 12 Apparent Retention Rate for Aboriginal and Torres Strait Islander people continued to increase in 2017.

    ABS Education, Crime and Culture Program Manager Stephen Collett said the Aboriginal and Torres Strait Islander grade 7 to 12 Apparent Retention Rate was 62.4 per cent nationally in 2017, up from 59.8 per cent in 2016.

    “These new figures show us that more students than ever, who identify as Aboriginal and Torres Strait Islander, are staying at school until grade 12,” Mr Collett said of the Schools Australia data.

  • World-Leading Wine Technology Company To Build Headquarters In South Australia

    A Nuriootpa-based business – specialising in producing innovative wine technologies – has been offered a $500,000 State Government to support a project that will create 19 full-time equivalent ongoing jobs.

     

    VA Filtration will use the Regional Development Fund grant to support building a $4.5 million purpose-built new technology facility on Pipeline Road.

    The facility will boost South Australia’s reputation as a world leader in innovative wine technologies.

  • Former Advanced Medical Institute director declared bankrupt

    A former director of AMI and NRM, Mr Jacov Vaisman, was declared bankrupt yesterday with the Federal Court granting the ACCC’s application for a sequestration order.

    The Court‘s order follows Mr Vaisman’s failure to pay the ACCC’s costs amounting to $3,679,359.00 in proceedings brought by the ACCC against AMI and then NRM. The Court also ordered the ACCC’s costs be taxed and paid from Mr Vaisman’s estate.

  • Hike in minimum wage would savage small business

    An increase to the minimum wage as suggested by Labor yesterday would be a devastating blow to small business operators across Australia, said the Australian Small Business and Family Enterprise Ombudsman today.

    “Let’s be quite clear that this proposal is a war on small business, not big business,” Ms Carnell said.

    “The greatest impact would be on businesses that use awards, and that is small to medium businesses, which make up more than 97% of businesses in Australia.

  • Dairy Rises To The Occasion For Water Savings

    An innovative 'pipe and riser' project is taking Golders Dairy Farm in Jervois to a new level of water efficiency and savings.


    Based in the Lower Murray, Lawrie and Michelle Golder have replaced old open channels with the new underground pipe system, which sees water bubble up through risers and spreads evenly across the paddocks.

    As a result, Lawrie said he can now water his pastures more efficiently – using 20% less water - and quickly, with much more control.

    The move to a pipe and riser system was made possible through a grant under the South Australian River Murray Sustainability (SARMS) Program.

  • Regional bus fares reduced by 29 per cent

    Customers in regional NSW will pay up to 29 per cent less to travel by bus from 5 March 2018.

    People living in rural and regional NSW will soon find it easier to stay connected with friends and family and reach the everyday services they need.

    Under the previous fare structure, customers pay $2.30 for one section or $3.40 for two sections.

  • Big penalties for small business with new reporting laws

    The Australian Small Business and Family Enterprise Ombudsman today urged small businesses to urgently prepare for the introduction of mandatory data breach reporting laws that come into effect from 22 February this year.

    “If an unauthorised entity accesses anyone’s personal information from a business computer system, where it is likely to result in serious harm to that individual, that data breach will have to be reported to the Office of the Australian Information Commissioner (OAIC), as well as the individual affected.

  • Snapper Closures End This Wednesday In Sa Waters

    All SA waters will reopen to Snapper fishing this weekend, as the Snapper spawning spatial closures come to an end at midday on Wednesday 31 January.

    Five key Snapper spawning aggregation areas - four in Spencer Gulf and one in Gulf St Vincent - have remained closed to Snapper fishing since the statewide Snapper fishing ban ended on 15 December 2017.

    Quotes attributable to PIRSA Fisheries and Aquaculture Director Policy, Peter Dietman

  • Peter Foster declared bankrupt

    The Federal Court declared Peter Foster bankrupt last week, granting the ACCC’s application for a sequestration order after he failed to pay costs in the SensaSlim matter.

    “The ACCC took this action because we are committed to enforcing compliance with court orders made against individuals and companies for breaching consumer law,” ACCC Commissioner Sarah Court said.

    In April 2014, the Court found SensaSlim had engaged in misleading or deceptive conduct and had made false or misleading misrepresentations by failing to disclose Mr Foster’s involvement in the SensaSlim franchise. The Court also found Mr Foster was knowingly concerned in the conduct.

  • Deloitte Access Economics report confirms Tasmanian economy “performing solidly”

    The Deloitte Access Economics Business Outlook Report for 2017 confirms that Tasmania is surging ahead under the Hodgman Government.

    Under our long-term Plan, Tasmania has come a long way after a disastrous period of Labor-Green minority Government slammed the State into a deep recession.

    The Report says that “…Tasmania’s growth has been steady at a decent pace over the past four years. There’s good news in plenty of indicators.”

    The Report says that:

  • Flinders Ranges’ Jacka Brothers Brewery To Become Tourism Destination

    Plans to transform a defunct heritage site into a microbrewery, cellar door, function centre, and accommodation provider – while creating 13 new jobs in the process – are being backed by a $400,000 State Government grant.

     

    The $1.7 million project will breathe new life into the Jacka Brothers Brewery, located at the base of Mount Remarkable.

    The site is owned by the Hobbs family, who are proposing to turn the historic buildings in Melrose into a significant destination landmark for the region with flow-on benefits into the Clare Valley and Outback.