Sunday, 21 January 2018 Sydney
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Invest In Australia News::

  • New agtech project for Victoria to harvest smart farm data

    Victoria’s reputation as Australia’s most innovative agriculture state is being reinforced by a new partnership between Bosch Australia and Monash University.

    A new AgTech Launch Pad facility is being established at Bosch Australia’s Clayton headquarters, with one hectare allocated to a smart farm for cutting-edge research and development.

    The smart farm will include space for cropping trials and early-stage prototype development, enabling the use of artificial intelligence, automation, robotics and advanced sensor technology.

  • Fastway Couriers (Perth) pays penalty for alleged Franchising Code breach

    28 November 2017

    West Aust Couriers Pty Ltd, trading as Fastway Couriers (Perth), has paid a $9,000 penalty after the ACCC issued an infringement notice for alleged non-compliance with the Franchising Code of Conduct (Franchising Code).

    Fastway Couriers (Perth) is the West Australian regional franchisor of the Fastway Couriers franchise.  

  • Increase in marriages for Australians born overseas

    Australians are marrying later, living together before marriage and divorcing less compared with 20 years ago, according to the latest Australian Bureau of Statistics (ABS) figures on Marriages and Divorces.

    Marriages between two Australian-born people have gradually decreased over the last 20 years, with the proportion of marriages between two people born in Australia decreasing from 72.9 per cent in 2006 to 54.5 per cent of all marriages in 2016. 

    Marriages between two people born in the same overseas country have increased from 9.1 per cent in 2006 to 13.9 per cent in 2016. Marriages of people born in different countries accounted for 31.6 per cent of all marriages in 2016 compared with 18.0 per cent in 2006.

  • Increase in marriages for Australians born overseas

    Australians are marrying later, living together before marriage and divorcing less compared with 20 years ago, according to the latest Australian Bureau of Statistics (ABS) figures on Marriages and Divorces.

    Marriages between two Australian-born people have gradually decreased over the last 20 years, with the proportion of marriages between two people born in Australia decreasing from 72.9 per cent in 2006 to 54.5 per cent of all marriages in 2016. 

    Marriages between two people born in the same overseas country have increased from 9.1 per cent in 2006 to 13.9 per cent in 2016. Marriages of people born in different countries accounted for 31.6 per cent of all marriages in 2016 compared with 18.0 per cent in 2006.

  • Man Jailed For Trafficking Abalone

    An operation by Primary Industries and Regions South Australia (PIRSA) with the support of the South Australia Police (SAPOL) has resulted a Mount Gambier man being jailed for Abalone trafficking.

    In December 2014, Christopher Phillips was found carrying 102 (mostly undersized) Abalone in his possession near Cape Douglas, well in excess of the daily limit. A subsequent search of his premises located an additional 108 abalone shells, many of which were undersized.

    Appearing in the Adelaide Magistrates Court, Phillips was found guilty of possession and trafficking of a commercial quantity of Abalone in additional to other unrelated SAPOL matters.

  • Melbourne is Australia’s smartest city in study of 500 global cities

    Melbourne has been ranked tenth in an assessment of the ‘smartness’ of 500 cities conducted by Swedish smart parking technology company EasyPark.

    The company, which has an office in Melbourne, assessed the cities against 19 parameters.

    It also asked over 20,000 technology and urban planning journalists how their cities were moving with the pace of digitalisation.

    Copenhagen, Singapore and Stockholm were the top three smart cities.  Sydney came in at twelve, Perth at 41 and Adelaide at 61.

  • Report on commission-based fundraising in the charity sector

    Today the ACCC released an independent research report on commission-based fundraising in the charity sector, Research into the Commission-based Charity Fundraising Industry in Australia, as part of its 2017 compliance and enforcement focus on consumer issues arising from commission-based sales.

  • IPA National Congress

    Address by Commissioner of Taxation, Chris Jordan AO

    Speech to the IPA National Congress

    RACV Royal Pines, Gold Coast, 23 November 2017

    Check against delivery

  • Small business investment barriers identified

    The Australian Small Business and Family Enterprise Ombudsman today released a study into factors impacting small to medium enterprise investment.

    Speaking at the Institute of Public Accountants national conference on the Gold Coast, Ombudsman Kate Carnell said barriers to investment included access to capital, red tape and energy prices.

    Ms Carnell said removing barriers to investment would give small businesses confidence to grow and boost jobs.

  • Household water use increases 3%

    A total 16,132 gigalitres of water was consumed over the 2015-16 year, the Australian Bureau of Statistics announced today in its annual snapshot of water supply and use for the Australian economy. 

    “Household use of water increased slightly with consumption up 3 per cent to 1,899 gigalitres in 2015-16,” Lauren Binns, the Director of Agriculture and Environment Statistics at the ABS, said.

    While total water consumption by households increased 3 per cent in 2015-16, an increasing number of households meant that each individual household only increased their water use by around 1 per cent.

  • North West Indigenous Pastoral Project Celebrates Ongoing Success

    An Indigenous pastoral project in the state’s Far North has helped train and employ 67 indigenous pastoral workers and aided the return of more than 272,000 hectares back to commercial primary production.

    The achievements and importance of the North West Indigenous Pastoral Project (NWIPP) will be acknowledged at the Indigenous Cattlemen’s Workshop in Port Augusta today, with Minister for Regional Development Geoff Brock attending.

    It’s the first time South Australia has hosted the annual workshop, which is running 21-23 November.

  • Pipi Fishery Opens To Recreational Fishers

    Recreational fishers can once again enjoy collecting Pipi (Goolwa Cockles).

    The popular species can be found along the entire length of Goolwa Beach, from the Murray Mouth to Middleton Point.

    Fishers are reminded that there are size and bag limits in place. Pipi must measure 3.5 cm across the widest part of the shell, with a maximum daily limit of 300 per person east of the line of longitude 136°E and a possession limit of 1200.

    The Pipi Fishery is open from 1 November 2017 until 31 May 2018.

  • ACCC allows agribusinesses to jointly purchase energy

    The ACCC is allowing businesses in the new Eastern Energy Buyers Group (EEBG) to establish a joint energy purchasing group and run joint tender processes for electricity and gas for 11 years. 

    EEBG’s current members are industrial energy users who operate in the agriculture industry. Members have significant operations in Victoria and some operations interstate. The proposed joint tender process would cover supply of electricity, gas and gas transport services to members of the group.

  • Finder.com.au penalised for misleading consumers

    Hive Empire Pty Limited, trading as finder.com.au (Finder), has paid a penalty of $10,800 following the issue of an infringement notice by the ACCC for alleged false or misleading claims about the number of health insurance policies it compares.

    The ACCC alleges that between February and May 2017, Finder represented on its website that its health insurance comparison service allowed consumers to “compare roughly 65,000 policies”, when the number of policies compared was substantially less than this.

    The ACCC issued the infringement notice because it had reasonable grounds to believe that Finder had breached the Australian Consumer Law.

  • Reliable information is essential to red meat industry productivity: ACCC

    The future growth and profitability of the red meat sector in Australia relies on the investment confidence of its participants, but this confidence will be threatened if market information is restricted, or livestock producers are unable to obtain objective performance data, ACCC Commissioner Mick Keogh told the MLA Red Meat Industry Forum in Alice Springs today.

    Mr Keogh noted that recent events in the cattle industry that meant that even basic market information such as weekly slaughter numbers were unavailable for a period, raised concerns about the transparency and future competitiveness of the cattle industry.

  • Faster payments a 'game changer' for small business

    The Australian Small Business and Family Enterprise Ombudsman has welcomed the Federal Government’s move to introduce 15-business-day payment terms for small business suppliers.

     

    The Government today announced the plan in its response to the Ombudsman’s April 2017 Inquiry into Payment Terms and Practices.

    The report found that late payments have been a perennial problem for businesses in Australia.

  • Global US tech company Clique sets up APAC HQ in Melbourne

    One of the world’s largest voice API technology companies will set up its headquarters in Melbourne with plans to invest over A$10 million in the Australian market over the next five years.

    Based at the York Butter Factory startup hub in Melbourne, Clique, will have a branch in Sydney, supporting its expansion into the Asia Pacific region.

    Melbourne is fast becoming a viable choice for international tech giants. Slack, Square, Hired, Zendesk, GoPro, and Cognizant have already set up shop here.

  • Australia and Alibaba’s eCommerce globalisation strategy

    As the world’s largest eCommerce market, China represents a huge opportunity for Australian businesses to successfully navigate the most advanced digital economy in the world.

    To promote its vitamin business Blackmores took out a giant advertisement in New York’s Times Square.

    Although the company did not sell its products in the USA, Blackmores tactic was to generate traffic on Chinese social media.

  • Global design firm Coop Himmelblau sets up in Melbourne

    One of the world’s most innovative design architects, Coop Himmelb(l)au, has established an office in Melbourne.

  • Red Balloon pays penalty for excessive payment surcharges

    Red Balloon Pty Ltd (Red Balloon) has paid penalties totalling $43,200 following the issue of four infringement notices by the ACCC for alleged breaches of the new excessive payment surcharges laws in the Competition and Consumer Act 2010.

    Red Balloon is an online trader that sells ‘experiences’ in Australia, such as skydiving jumps, wine tours, and cooking classes.

    The ACCC alleged that on 31 March and 30 June 2017, Red Balloon charged four consumers excessive payment surcharges in respect of payments they made by MasterCard credit, Visa credit, Visa debit and MasterCard debit respectively.

  • Australian Competition Tribunal decision on Tabcorp-Tatts merger

    The Australian Competition Tribunal has made its determination granting merger authorisation for Tabcorp to acquire Tatts.  

    The Full Federal Court had previously set aside an earlier determination from the Tribunal and remitted the matter back to the Tribunal for reconsideration.

    “When the ACCC sought review of the Tribunal’s earlier determination, our purpose was to clarify the law. We achieved that objective, with the Full Court making it clear that the Tribunal was required to take in to account all competitive detriment that is likely to result from the proposed merger,” ACCC Chairman Rod Sims said.

  • Trend unemployment rate remains at 5.5 per cent

    The monthly trend unemployment rate remained at 5.5 per cent in October 2017, according to figures released by the Australian Bureau of Statistics (ABS) today. This reflects the continued strength in employment growth in the Australian labour market.

    Monthly trend full-time employment increased for the 13th straight month in October 2017. Full-time employment grew by a further 16,000 persons in October, while part-time employment increased by 4,000 persons.

    "Full-time employment has now increased by around 289,000 persons since October 2016, and makes up the majority of the 347,000 person net increase in employment over the period," Chief Economist for the ABS, Bruce Hockman, said.

  • Red Balloon pays penalty for excessive payment surcharges

    Red Balloon Pty Ltd (Red Balloon) has paid penalties totalling $43,200 following the issue of four infringement notices by the ACCC for alleged breaches of the new excessive payment surcharges laws in the Competition and Consumer Act 2010.

    Red Balloon is an online trader that sells ‘experiences’ in Australia, such as skydiving jumps, wine tours, and cooking classes.

    The ACCC alleged that on 31 March and 30 June 2017, Red Balloon charged four consumers excessive payment surcharges in respect of payments they made by MasterCard credit, Visa credit, Visa debit and MasterCard debit respectively.

  • Australian Competition Tribunal decision on Tabcorp-Tatts merger

    The Australian Competition Tribunal has made its determination granting merger authorisation for Tabcorp to acquire Tatts.  

    The Full Federal Court had previously set aside an earlier determination from the Tribunal and remitted the matter back to the Tribunal for reconsideration.

    “When the ACCC sought review of the Tribunal’s earlier determination, our purpose was to clarify the law. We achieved that objective, with the Full Court making it clear that the Tribunal was required to take in to account all competitive detriment that is likely to result from the proposed merger,” ACCC Chairman Rod Sims said.