Friday, 22 September 2017 Sydney

Invest In Australia Blog::

  • How the government can help fund your exports

    Most people think of small business as the local store or service provider selling goods or services to local people.

    The fact is that many small businesses are exporting and the number is increasing, which is good for Australian employment and the economy.

    In 2013-14 there were nearly 20,000 small businesses exporting goods, representing 44 per cent of all exporters.

    In recent years there has been an increase in small firms that are “born global”, meaning that they are exporting from the outset.

    Comments: [0]

    The newly redeveloped Loxton Research Centre has topped the state at the Master Builders SA 2017 Building Excellence Awards.


    At an award ceremony on Friday, Riverland-based company Michael Kregar Building Pty Ltd received the Excellence in a Commercial/Industrial Building ($2 million – $5 million) Award for its work on the new component of the Loxton Research Centre.


    The total redevelopment, which included refurbishment of the existing centre and the building of the new conference facility, was valued at $7.5 million.

    Comments: [0]
  • ACCC takes action to enforce $50,000 penalty

    The ACCC has commenced proceedings in the Federal Court against Mr Tuan Nguyen to enforce payment of a $50,000 penalty previously ordered for breaches of consumer law.

    In 2013, the Court found that Mr Nguyen was knowingly concerned in false or misleading representations made by Artorios Ink to five small businesses to sell printer cartridges.

    The Court ordered Mr Nguyen to pay a penalty of $50,000 but he made no payments and filed for bankruptcy. 

    Comments: [0]
  • Policy forum unites small business sector

    An alliance of small business organisations is being formed to present a united front on policy issues of mutual interest.

    The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, says the group will consider making joint submissions on the Federal Budget and other consultations.

    “The small business sector is fragmented to some degree along state and industry lines,” Ms Carnell said.

    “Different organisations and states sometimes have different issues they want to push with governments.

    Comments: [0]
  • Property spruiker made false or misleading representations

    Today the Federal Court found that We Buy Houses Pty Ltd (We Buy Houses) and its sole director, Rick Otton, made false or misleading representations in promoting a number of wealth creation strategies involving real estate, following ACCC action.

    We Buy Houses promoted these strategies throughout Australia via published material, seminars, boot camps and mentoring programs. Consumers were enticed by these false or misleading representations to attend training programs, including paid boot camps and mentoring.

    The Court found that We Buy Houses did not have a reasonable basis for representing that, by following its strategies, consumers could:

    Comments: [0]
  • ACCC releases quarterly report on the NBN wholesale market

    The Australian Competition and Consumer Commission has released its sixth quarterly National Broadband Network Wholesale Market Indicators Report for the period ending 30 June 2017.

    “The market indicators report is a key tool that provides transparency on the level of competition developing over the NBN,” ACCC Chairman Rod Sims said.

    Comments: [0]
  • ACCC takes action against domain registration businesses

    The ACCC has instituted proceedings against Domain Name Corp Pty Ltd and Domain Name Agency Pty Ltd (also trading as Domain Name Register) (the Domain companies) alleging that they engaged in misleading or deceptive conduct and made false or misleading representations to Australian businesses about the domain name services they offered.

    The ACCC is also alleging that the sole director of both the Domain companies was involved in the conduct.

    Comments: [0]
  • Code to Ensure Clear Petrol Price Displays

    The Hodgman Liberal Government is committed to reducing the costs of living for Tasmanians.

    The cost of filling up a car is a major impost on the household budget for a great many Tasmanians, and fluctuating petrol prices are a source of constant frustration.

    We know motorists want clear information on prices so they can make informed choices on where to buy their fuel.

    That’s why we are introducing a Code of Practice for Fuel Price Boards that will, once passed, ensure that only normal, not discounted petrol prices are displayed on price boards at service stations.

    Comments: [0]
  • Tax Time 2017 off to a flying start

    With lodgments up, complaints down and strong systems performance, the ATO is on track for another record-breaking year just five weeks into tax time.

    Tax Commissioner Chris Jordan said the ATO had worked extremely hard over the past few years to deliver a system which made completing your tax return as quick and painless as possible.

    “We understand that for the vast majority of Australians tax time is their only interaction with us each year, so delivering a seamless and straightforward service is paramount for us,” Mr Jordan said.

    Comments: [0]
  • Insolvency sector urged to embrace accountability

    The Australian Small Business and Family Enterprise Ombudsman has called on the insolvency sector to improve its accountability and transparency or face louder calls for increased regulation.

    Speaking at the Australian Restructuring Insolvency and Turnaround Association (ARITA) conference in Melbourne, Ombudsman Kate Carnell said there should be an external dispute resolution process or tribunal to hear complaints.

    “Small business operators are often confused about the role of receivers, how they charge and what their timeframes are,” she said.

    Comments: [0]