Friday, 22 March 2019 Sydney
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Invest In Australia Blog::

  • NBN retailers acquired 38% more CVC

    The ACCC has released its eighth quarterly National Broadband Network Wholesale Market Indicators Report for the period ending 31 December 2017.

    The report highlights a significant increase in Connectivity Virtual Circuit (CVC) acquired, from 1.11 megabits per second (Mbps) to 1.53 Mbps per user since the September 2017 quarter, an increase of 38 per cent.

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  • Hyundai to improve consumer guarantees approach

    The ACCC has today accepted a court enforceable undertaking from Hyundai to improve its compliance with consumer guarantee obligations under the Australian Consumer Law (ACL). 

    Customers have automatic rights under the ACL, regardless of whether a problem with a new car is covered by the manufacturer’s warranty, and may in fact be entitled to a better remedy under the consumer guarantees than a warranty.

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  • Melbourne’s new High Capacity Metro train on public display

    The Victorian Government will soon launch the final life-size model of Melbourne’s new High Capacity Metro Train, giving people their first chance to experience the biggest, most advanced train in Victoria’s history.

    Premier Daniel Andrews and Minister for Public Transport Jacinta Allan inspected the model train today, which will be on public display at Birrarung Marr from 9 – 17 February.

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  • Victorian businesswomen get first-hand look into Asian markets

    Victorian businesswomen are being helped to go global as part of a revamped Victorian Women in International Business program.

    An initiative of the Victorian Government’s ‘Globally Connected: Victoria’s Trade Statement‘, the program last month gave business owners  first-hand insight on how to take their products, knowledge and expertise to  global markets at the ‘Victorian Women in International Business Pan-Asia Export training’ event.

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  • Quest for stability by regulators hurts small business

    The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, supports a key finding in the draft Productivity Commission report, Competition in the Australian Financial System, which states the benefits of competition to the individuals and businesses for whom the financial system exists, are being reduced in the quest for stability.

    It also says that prudential regulation substantially limits the scope for traditional price competition in banking.

    “Australia’s prudential rules are focused on system stability, which results in limiting small business credit,” Ms Carnell said.

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  • Sydney embraces its history with new naming policy

    Sydney’s most significant historical figures, events and landmarks will lend their names to new streets, parks and community facilities under a new naming policy proposed by the City of Sydney.

    Sydneysiders are being asked to provide their feedback on the draft policy, which will guide the naming of suburbs, roads, open spaces and buildings owned, operated or managed by the City.

    Using names that reflect Sydney’s past helps raise awareness and understanding of the city’s rich collection of events and characters.

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  • How one Mildura almond nursery is branching out in a big way

    Collaborating with a Spanish almond nursery is reaping rewards for one Mildura-based nursery.

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  • ACCC releases guidance on free range egg standard

    The ACCC has today released guidance for egg producers on its approach to enforcing the new National Information Standard on free range eggs, which comes into effect on 26 April 2018.

    Under the new Standard, egg producers cannot use the words ‘free range’ on their egg cartons unless the eggs were laid by hens that:

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  • Seeking creative nightlife advisors for a 24-hour city

    The City of Sydney is seeking people from across the local nightlife and creative sectors to join its new expert advisory panel tasked with invigorating the city after dark.

    The Nightlife and Creative Sector Advisory Panel will give the City advice on how best to support a thriving, diverse and safe nightlife.

    The panel will advise on new City initiatives, identify emerging issues and opportunities for Sydney’s night-time economy, and help the City engage with the local creative, cultural and nightlife community.

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  • Avalon to be Victoria’s second international airport

    Victoria will host a second, curfew-free international airport at Avalon which will create more than 200 jobs, grow exports and boosting the visitor economy.

    Air Asia has announced that it will fly twice daily between Avalon and Kuala Lumpur, with flights expected by the end of 2018.

    The move will see 220,000 international passengers arrive in Avalon each year, opening up Geelong and the Great Ocean Road to more international visitors.

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