Friday, 22 March 2019 Sydney

Invest In Australia Blog::

  • Apprentices kicking goals at Moorabbin Reserve

    Victorian apprentices are kicking goals and learning valuable skills on the $30 million re-development of St Kilda Football Club’s Moorabbin Reserve thanks to the Victorian Government’s Major Project Skills Guarantee.

    Funded by the Victorian Government, St Kilda, the AFL, Kingston City Council and local sporting leagues, the re-development will include a training facility, indoor netball and basketball courts, the club’s headquarters and a retail hub.

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  • Connecting Melbourne with UK and France for innovation and growth

    Melbourne’s position and capability as a major centre for innovation and manufacturing will be enhanced through closer partnerships with France and UK - the focus of discussions with Australia's Victorian Government.

    Melbourne’s capabilities in digital technology, cyber security and defence are the focus of investment discussions between the Victorian Government and business and government organisations in the UK and France.

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  • ABS reveals insights into Australia’s Chinese population on Chinese New Year

    Like the fireworks on Sydney Harbour every 31 December, Chinese New Year is one of the most colourful events on the global calendar. 

    The ABS’s most recent Estimated Resident Population figures show that there are 526,040 Australian residents born in China, up from 387,420 over the previous five years. 

    In 2016 – the Year of the Monkey – the Census of Population and Housing found that China remains one of the top countries of birth for Australian residents, trailing behind only Australia, England and New Zealand. Over the past 20 years, Chinese-born residents have overtaken other countries of birth, such as Italy, Vietnam and Greece, highlighting changes in Australia’s migration intake. 

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  • Half a million Australians physically assaulted in 2016-17

    Nearly half a million Australians aged 15 years and over (454,900 or 2.4 per cent) have experienced one or more incidents of physical assault in the last 12 months, according to figures released today by the Australian Bureau of Statistics (ABS).

    Results from the 2016-17 Crime Victimisation survey found that men and women experienced physical assault at a similar rate: 2.4 per cent of men (228,700) and 2.3 per cent of women (226,900), with just over half reporting the most recent incident to police (52 per cent of men and 56 per cent of women). There was no change in the rate of victimisation or reporting to police since the survey was last run in 2015-16.

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  • Transport Project Reaps $80 Million In Industry Benefits

    Primary producers and road transport operators have received estimated industry benefits of at least $80 million from the 90 day Improving Road Transport for the Agriculture Industry project.

    The benefit figure has more than doubled from the original estimate of $36 million in 2016 and is expected to further rise as route extensions and last mile access issues are addressed across the State.

    Following on from the success and momentum of the first project, a second survey was undertaken last year to identify any remaining issues.

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  • Criminal cartel proceedings commenced against Country Care and its managers

    Following an investigation by the ACCC, criminal charges have been laid against The Country Care Group Pty Ltd (Country Care), its Managing Director, Robert Hogan, and a former employee, Cameron Harrison. 

    The charges relate to alleged cartel conduct involving assistive technology products used in rehabilitation and aged care, including beds and mattresses, wheelchairs and walking frames. 

    Country Care is based in Mildura, Victoria.

    The charges are listed for mention before the Magistrates’ Court of Victoria in Mildura on 14 March 2018.

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  • Female labour force participation reaches all-time high

    Australia's female labour force participation rate reached an historic high of 60.5 per cent in January 2018, while the overall participation rate of 65.6 per cent in January was the highest since February 2011, according to latest figures released by the Australian Bureau of Statistics (ABS) today.

    Program Manager for the ABS Labour and Income Branch Bjorn Jarvis said the trend unemployment rate for January remained steady at 5.5 per cent, where it has hovered for the past seven months.

    "Australia's labour force participation rate continues to strengthen, reaching a new high for females in January and a seven-year high overall," Mr Jarvis said. 

    Employment and hours

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  • Autumn Fruits Continues To Grow On Good Ideas

    From the heart of one of South Australia’s most iconic food bowls, Glossop fruit growers, Bill Efrosinis and Sandy Iosefellis, are redefining what it means to turn one good idea into another – and another.

    A decision in 2014 to embrace what they’ve dubbed ‘once-in-a-lifetime’ funding opportunities via the South Australian River Murray Sustainability Program (SARMS) has meant transformation has become the hallmark of their Riverland business.

    Their latest business case for Autumn Fruits takes the one good idea premise to another level entirely.

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  • One-stop-shop for dispute resolution welcomed by Ombudsman

    The Australian Small Business and Family Enterprise Ombudsman (ASBFEO) welcomes the passing of legislation to establish the Australian Financial Complaints Authority (AFCA) today.

    Ombudsman Kate Carnell said she is particularly pleased with the more flexible definition of a small business as fewer than 100 employees and a rise in the compensation cap for agricultural small business of up to $2 million.

    “And is good to see that a small business will be able to seek resolution of a dispute where the credit facility is up to $5 million and potentially receive compensation of up to $1 million,” Ms Carnell said.

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  • ATO statement on corporate tax

    Australia has one of the strongest corporate tax systems in the world. We have one of the strongest compliance programs which, on any measure, is as good as anywhere in the world.

    The ATO wants the community to have trust and confidence that the ATO is taking action to ensure the largest companies are required to pay the right amount of tax on their Australian profits and most do so voluntarily. The ATO is better equipped than ever before to fulfil its commitment to further increasing the level of compliance by large companies.

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