Wednesday, 20 September 2017 Sydney

Invest In Australia Blog::

  • Melbourne shines in latest Global Financial Centres Index

    Melbourne has jumped eight ranking places in the latest Global Financial Centres Index, produced in partnership by the China Development Institute(CDI) in Shenzhen and Z/Yen Partners in London.

    The index, released biannually, measures the attractiveness of 108 financial centres across the globe, and analyses research by major international institutions including the World Bank and United Nations, alongside thousands of survey responses.

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  • ACCC takes action against Servcorp for alleged Unfair Contract Terms

    15 September 2017

    The ACCC has instituted proceedings against Servcorp Ltd and two of its subsidiaries (Servcorp) alleging that a number of terms in Servcorp’s standard form contracts with small businesses are unfair and should be declared void.

    Servcorp supplies serviced office space and virtual office services such as office suites, secretarial services, IT, communications and personal assistants to its clients, many of whom are Australian small businesses.

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  • Fostering the Territory's future workforce

    A key partnership has been formed between Department of Education and Territory company, Halikos Hospitality, aimed at creating employment pathways for students in the hospitality and tourism industries.

    The first school to benefit from the partnership is Taminmin College, where a group of Year 11 students will commence structured work placements at H Hotel and H105 Hotel and Apartments.

    Principal of Taminmin College Miriam McDonald said the Year 11 Tourism and Hospitality students will be gaining hands on experience working front and back of house in a busy hotel environment.

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  • Plantations sale a huge winner for health, jobs and the economy

    It is extraordinary the lengths the Labor-Green opposition will go to try and put a negative slant on a great outcome for Tasmania.

    The outcome we have announced today:

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  • New financial dispute resolution a landmark initiative

    The Australian Small Business and Family Enterprise Ombudsman (ASBFEO) has welcomed the Government’s landmark move to establish a new one-stop-shop to resolve small business disputes with banks – the Australian Financial Complaints Authority (AFCA).


    Ombudsman Kate Carnell said the initiative addressed a key recommendation from ASBFEO’s Small Business Loans Inquiry and would significantly improve access to justice, especially for capital-intensive enterprises.


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  • Sydney art loan startup goes global

    A City of Sydney-backed program designed to help local residents buy artworks has become an international success in just two years, with hundreds of people across Australia, New Zealand and the United States buying works worth over $5 million.

    More than 1,000 artworks have been sold through Art Money since its launch in 2015, with the interest-free loan program now available in 350 galleries worldwide.

    Ninety-six per cent of Art Money customers said the program influenced their decision to buy an artwork, while one-quarter of customers were first-time buyers.

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  • Helping Tasmanian exporters find new markets

    Tasmania produces some of the world’s finest premium products, products that help promote our State and our brand.

    The Hodgman Government is working with producers to help them expand into new international markets, because growing international markets will grow jobs and investment in Tasmania.

    Under the Hodgman Government, exports have increased by three per cent.

    To help encourage the continued success of Tasmanian exporters, I am pleased to announce that the New Market Expansion Program is now open for 2017-18 to support businesses and industry associations to expand their presence in export markets.

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  • Fuel price data can benefit motorists and retailers

    Speaking at the Asia Pacific Fuel Industry Forum today, ACCC Chairman Rod Sims outlined how fuel price data from websites and apps empower price-sensitive consumers. The industry can then attract these consumers through discounts to increase their sales.

    Since 2016 fuel price data has been readily available to motorists from an increasing number of websites and apps. These include the NSW FuelCheck scheme, the GasBuddy app, the NRMA app and the 7-Eleven app. This information assists consumers find the best time to buy at sites with the lowest prices.

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  • Fish Processor Caught Out For Dishonest Reporting

    A Port Lincoln fish processor has been found guilty of purchasing illegally caught fish and deliberately falsifying records to conceal the transaction.

    In October 2013, Jarn Jamison of Seapac Seafoods Pty Ltd and retail arm Austar Seafood Warehouse Pty Ltd, purchased 138kg of Gummy Shark from commercial marine scale fisher Glen Tonkin (who was not licensed to catch the species) and recorded the purchase as a shark species of less value.

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  • More housing for the vulnerable

    The second stage of the Social and Affordable Housing Fund will deliver 1200 new houses across NSW.

    In March 2017, as part of stage one, five partners from the private and not-for-profit sectorswere selected to deliver 2200 homes in metropolitan and regional NSW.

    The second stage will provide more homes to those in need of social housing and ensure residents are connected to transport, jobs, education and tailored support services.

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