Wednesday, 19 June 2019 Sydney

Invest In Australia Blog::

  • Garuda ordered to pay $19 million for price fixing

    The Federal Court has ordered PT Garuda Indonesia Ltd (Garuda) to pay penalties of $19 million for colluding on fees and surcharges for air freight services.

    The penalties follow the ACCC’s court action against a global air cargo cartel, which has so far resulted in penalties of $132.5 million against 14 airlines, including Air New Zealand, Qantas, Singapore Airlines and Cathay Pacific.

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  • East coast gas prices need to follow export prices down

    High gas prices remain a critical issue for domestic gas users and could see more businesses move or close in the east coast, according to the Gas Inquiry 2017‑20 Interim Report released by the ACCC today.

    The report shows that most commercial and industrial Australian gas users will pay more than $9/GJ for gas this year, and some more than $11/GJ.

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  • Recognising Tasmania’s top exporters

    Nominations for the 2019 Tasmanian Export Awards are now open to recognise the contribution our leading exporters make to our State.

    Tasmania has what the rest of the world wants and now is the time to maintain the momentum and invest for growth in our trade sector to support local businesses and create more jobs.

    The 2019-20 State Budget invests an additional $4.4 million to support Tasmania’s first Trade Strategy, which will increase market opportunities and support Tasmanian businesses to get their products to the world.

    Tasmania’s trade continues to grow strongly, with exports growing 6.6 per cent compared to the last year.

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  • Greens honest about their slash and burn budget alternative, unlike Labor

    It says a lot that two Green members can put together an alternative budget while 14 Labor members can’t.

    First and foremost, it says that everyone apart from Rebecca White and Labor realises that you can’t be an alternative government if you don’t have an alternative plan.

    While the Greens deserve credit for at least backing up their constant negativity with an alternative budget, it is very clear that a future Labor-Green Government would once again decimate jobs, businesses and our economy.

    Slashing infrastructure projects, de-funding important tourism initiatives and infrastructure, and gutting major industries like racing is the last thing Tasmania needs.

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  • Allegations Sony breached consumer law for PlayStation games

    The ACCC has instituted proceedings in the Federal Court against Sony Interactive Entertainment Network Europe Limited (Sony Europe) for making false or misleading representations to Australian consumers on its website and in dealings with Australian customers of its PlayStation online store.

    The ACCC alleges that from around September 2017, Sony Europe told consumers seeking a refund for faulty games that it did not have to provide refunds for games that had been downloaded, or if 14 days had passed since purchase.

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  • Auditor-General report on Emergency Department services

    The Tasmanian Government notes the Auditor-General’s report into Tasmania’s Emergency Departments.

    The recommendations and findings contained within the report outline several opportunities to provide better care for more Tasmanians.

    We look forward to examining these closely as part of the upcoming Access Solutions Meeting and will be providing a copy of the report to the attendees to help inform discussions.

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  • Return of Michaelia Cash provides much-needed continuity for small businesses

    The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell welcomes the return of Senator Michaelia Cash to Cabinet as Minister for Employment, Skills, Small and Family Business.

    “Senator Cash’s return as small and family business minister demonstrates the importance of this sector in Australia, getting on with the important work that’s already begun since the Minister’s initial appointment,” Ms Carnell said.

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  • Amended OxoPak certification trademark approved


    The ACCC has approved OxoPak Pty Ltd’s application for a certification trademark for certain biodegradable plastics after substantial changes were made to it to address concerns raised by the ACCC.

    The approved OxoPak mark certifies that plastic bags and other packaging materials meet specified standards of oxo-biodegradability. The mark is intended to be used on plastic products that are recyclable or, if they do end up in the environment as litter, are oxo-biodegradable.

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  • Bellinger River snapping turtles saved from extinction

    A captive breeding program at Taronga Zoo has successfully returned 10 critically endangered Bellinger River snapping turtles to their natural habitat on the Mid North Coast.

    The $100 million Saving our Species captive breeding program rescued 20 virus-free turtles from the Bellinger River. In 2015, 90 per cent of the estimated 4500 turtles living in the river were wiped out by a virus within three months.

    In the first year of the program, 22 healthy turtles hatched, with another 31 healthy turtles hatching in 2018.

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  • Regional Pitchfest to unearth startup talent

    Minister for Jobs Stuart Ayres is calling on NSW’s brightest startups to share their innovative ideas at Australia’s largest pitch competition for regional startups – the 2019 Jobs for NSW Regional Pitchfest.

    Minister for Jobs Stuart Ayres said the statewide event, supported by the NSW Government-backed Jobs for NSW, will see applicants participate in one of nine local pitching events across regional and rural areas from Broken Hill to Byron Bay.

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