Sunday, 25 February 2018 Sydney

Invest In Australia Blog::

  • 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.

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  • 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.

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  • 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

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  • 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.

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  • 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:

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  • 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.

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  • A statistical analysis of Australia Day BBQs by the ABS

    Australia Day is a day that many of us take a break, socialise, and think about our national identity. 

    To mark the occasion, the Australian Bureau of Statistics (ABS) has checked the statistics to answer the question: What are we actually like?

    Getting Born

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  • Government Taskforce Helps Thomas Foods With Recovery Effort

    The State Government has continued to support Thomas Foods International in its recovery, after a fire destroyed a large section of its Murray Bridge abattoir.

    In an effort to address the regional impact from the fire and support recovery plans, the Thomas Foods International (TFI) Fire Coordination Taskforce has coordinated state and local government requirements to help TFI get staff back to work and increase production at its Lobethal facility.

    The cross-government taskforce worked quickly to address road and transport, environmental and water and town planning requirements needed to support the partial move to Lobethal.

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  • Victims scammed via Western Union may get refunds

    The ACCC’s Scamwatch is urging all Australians who lost money to a scammer through Western Union from 2004 to 2017 to take action by 12 February to try to get it back.

    Western Union has agreed to pay a penalty of US$586 million to the United States’ Department of Justice (DOJ) after admitting to aiding and abetting wire fraud. The DOJ is using this penalty to provide refunds to eligible people worldwide who were tricked into paying scammers via Western Union.

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  • Agriculture productivity growth stands out in 2016-17

    Multifactor productivity across 16 of Australia’s industries increased 0.6 per cent in 2016-17, driven in part by growth in agriculture productivity, according to data released by the Australian Bureau of Statistics (ABS).

    ABS Chief Economist Bruce Hockman said the latest multifactor productivity (MFP) estimates show that the annual rise was below the long term annual average of 0.9 per cent and included "significant variations across industry groups".

    "An exceptionally good season for agricultural products in 2016-17 saw agriculture productivity rise 18.3 per cent, the fastest rate of growth since 2003-04," said Mr Hockman. 

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