Sunday, 28 August 2016 Sydney

Invest In Australia News::

  • Australia benefiting from free trade agreements

    Australian exporters are benefiting from free trade agreements with key trading partners and most intend to expand into new markets, according to a report released today.

    Australia’s International Business Survey 2016 (AIBS 2016) Highlights Report shows 67 per cent of exporters believe the outlook for their business is better compared to 2015, following the successful completion of free trade agreements (FTAs) with China, Japan and Korea.

  • Australia growing greyer

    Australia's aged population has increased by almost 20 per cent since 2010, according to data released today by the Australian Bureau of Statistics (ABS).

    There were 2.2 million people aged 65 years and over living in Australia’s capital cities in 2015 (up from 1.8 million in 2010). Additionally, 1.4 million live in areas outside our capitals (up from 1.2 million in 2010).

    Hobart has the oldest population of any Australian capital city.

    Hobart’s median age – the age at which half the population is older and half is younger – was 39.8 years at June 2015, compared to 37.4 years for Australia.

    Adelaide was the next oldest capital (38.8 years) followed by Sydney (36.1) and Melbourne (36.0). Darwin was the youngest capital city (33.3).

  • Trend employment growth continues

    Monthly trend employment in Australia increased in July 2016, according to figures released by the Australian Bureau of Statistics (ABS) today.

    In July 2016, trend employment increased by 11,800 persons to 11,955,100 persons - a monthly growth rate of 0.1 per cent. Trend part-time employment growth continued, with an increase of 10,600 persons, while full-time employment increased by 1,200 persons. 

  • Gelato business has it licked

    Customers are lining up outside the glass-front doors of a Redfern gelateria for mouth-watering treats, thanks in part to a City of Sydney business improvement grant.

    Ciccone & Sons Gelateria has become a presence beyond the street via its appealing new shopfront on Regent Street.

    Co-founder Mark Megahey worked for nearly 20 years as an award-winning gelato chef for Leichhardt landmark Bar Italia before joining business partner Sean O’Brien on a trip to Italy for a gelato fair and returning with a new business plan.

  • Darwin Artist Selected for Prestigious Leadership Program

    Arts NT director Angela Hill has congratulated Northern Territory digital artist Jonathan Saunders on his selection as one of six Indigenous Australians to participate in the prestigious international arts leadership program ACCELERATE.

    Established in 2009, ACCELERATE is a program designed by the British Council and Australia Council for the Arts for Indigenous Australians working within the creative industries providing access to significant national and international networks and career development opportunities.

  • NSW Government taps on to Android Pay

    Customers in NSW will be the first in the nation to be able to pay for government services using Android Pay, the new mobile wallet that can store credit cards, debit cards and loyalty cards on compatible Android smartphones.

    The new contactless payment service is now available to Android users in all Service NSW centres across the state.The popularity of Android phones made the decision a sensible one, says Minister for Finance, Services and Property Dominic Perrottet.

  • The Two Golden Rules that Guarantee Startups Start Smart

    By Mike Pym, Pym's Technology Lawyers and the founder of Start-Up Law, 17 Aug 2016

  • EasyMeals admits misleading consumers

    Online food retailer EasyMeals by Flavour Makers Pty Ltd (EasyMeals) has provided a court enforceable undertaking to the Australian Competition and Consumer Commission in relation to its conduct in the marketing and supply of its pre-packaged meals.

    EasyMeals has admitted it contravened the Australian Consumer Law (ACL) by:

  • Wage growth subdued in June Quarter 2016

    The seasonally adjusted Wage Price Index (WPI) rose 0.5 per cent in the June quarter 2016 and 2.1 per cent over the year, according to figures released today by the Australian Bureau of Statistics (ABS).

    This is the same result as in March quarter 2016.

    Seasonally adjusted, private sector wages grew 0.5 per cent and public sector wages grew 0.6 per cent in the June quarter 2016. Through the year private sector wages grew 2.0 per cent and public sector wages grew 2.4 per cent.

  • Rail Bill to open up tourism opportunities

    The Hodgman Liberal Government today tabled legislation to support tourism projects and jobs across the State, particularly in regional Tasmania.

    The Strategic Infrastructure Corridors (Strategic and Recreational Use) Bill will enable non-operational rail lines to be used for uses other than rail, such as cycle and walking tracks, horse riding and running.

    This legislation has been widely welcomed because of its potential to drive economic development in regional areas.

  • $40m Red Cloud data centre to create jobs

    The Hodgman Liberal Government is delivering on our commitment to attract a Tier-3 data centre to Tasmania.

    Perth-based data centre operator Red Cloud is proceeding with plans for a $40 million data centre in Tasmania having finalised the purchase of 7000 sqm in the Spark Business Centre at Cambridge.

    Red Cloud expects the development to create around 80 local jobs during construction and an additional 17 when operational.

  • Aussie startups visit Chengdu to build global innovation networks

    Australian startups are visiting Chengdu this week (15-20 August) to help facilitate bilateral trade and innovation exchange between Australia and China.

    CancerAid: creator of a smartphone app which aims to empower cancer patients and their caregivers.

  • Sanofi invests in new Brisbane-based production facility

    To keep pace with ever-increasing demand from China for Australian-produced vitamins and mineral supplements, Sanofi Consumer Healthcare is expanding its production facilities in Brisbane.

    The company, a subsidiary of French multinational Sanofi, is spending an additional A$5 million on top of A$30 million it recently invested in its Brisbane facilities.

  • ATO exposes dodgy deductions

    With over eight million Australians claiming work-related expenses each year, Assistant Commissioner Graham Whyte is reminding people to make sure they get their deductions right this tax time.

    “Australians claim over $21 billion in work-related expenses each year, and we want to support taxpayers to claim what they are entitled to – no more, no less,” Mr Whyte said.

  • Loxton High Echallenge Students Show Off Their Innovative Ideas

    Loxton High students will show off their business and entrepreneurial skills in a special Riverland eChallenge Showcase, open to the general public, at Loxton Research Centre on Wednesday 17 August from 7pm to 8pm.

    Among the Year 11 students’ fledgling business ideas on show will be special bicycle indicators, body-slimming swimwear, a shoe with integrated lighting, a survival kit and a skateboard with lights and music.

  • New funding for local football clubs

    NSW's highest participated sport is receiving a $4 million boost - the NSW Asian Cup 2015 Legacy Fund - to deliver better community facilities for local football clubs.

    The fund is a result of the resounding success of the 2015 Asian Cup, which led to a surplus to improve facilities at a local level across NSW.

    Minister for Sport Stuart Ayres said that 1000 affiliated football clubs across NSW would soon be able to apply for funding for much needed club improvements.

  • Now on to the business of making Australia competitive

    This was an eventful week. The 2016 Census promised to be one of the most ambitious demonstrations of citizen engagement ever conducted online, however due to a “confluence of events” many Australians were not able to complete the census on the allocated night. While there will no doubt be an inquiry into exactly what went wrong, why and who is responsible, I want to make sure we also keep our eye on the bigger picture.

  • Boost To SA Livestock Industry Funds

    Livestock producers across South Australia will benefit from an increase in industry fund contributions to help with projects supporting a healthy and sustainable industry.

    Due to take effect from 10 September 2016, recent changes to regulations will see an increase in industry fund contributions from $1.10 to $1.50 on cattle and $0.35 to $0.55 on sheep.

  • New Visitors' Centre For Clare Valley Winery

    Pikes Wines in the Clare Valley is set to expand its operations with a modern visitors’ centre showcasing regional and local produce, as well as creating an enhanced visitor experience to the region.

    The new facility, at the winery’s scenic Polish Hill River Estate, has been awarded support through a $320,000 Regional Development Fund grant.

  • Subbies Safeguards A Positive Step

    The introduction of Project Bank Accounts for certain state government construction projects in Western Australia is a positive step towards protecting small business sub-contractors against late or non-payments from rogue head contractors, Australian Small Business and Family Enterprise Ombudsman (ASBFEO) Kate Carnell said.

    Ms Carnell said the announcement by WA Small Business Minister Sean L’Estrange regarding the Project Bank Accounts was a welcome one, which will hopefully lay the groundwork for ongoing safeguards in the state’s construction industry.

  • More room for Sydney’s small bar scene

    The City of Sydney has called on the NSW Government to increase Small Bar licence capacity limits from 60 to 120 patrons and remove restrictions on trading hours for small bars in liquor freeze areas.

    In its submission to the Liquor & Gaming NSW Review of the Small Bars Legislation, the City recommended several changes that will encourage the long-term sustainability of small bars and increase local live music programming.

  • First time homebuyers receiving financial assistance

    Official figures show that thousands of homeowners are realising their dream for the first time, with the number of first homeowner grants rising by almost 11 per cent over the last financial year.

    Treasurer Gladys Berejiklian says OSR data shows the two grant programs, the First Home Owner Grant scheme and the First Home - New Home scheme, are delivering steady results.

  • ACCC will not oppose proposals for Port of Melbourne lease

    The Australian Competition and Consumer Commission will not oppose two separate proposals by consortia to acquire the 50-year lease of the Port of Melbourne, following careful consideration of potential cross-ownership interests and vertical relationships.

    The ACCC’s review of both the IFM Consortium and QIC Consortium proposals focused primarily on the cross-ownership interests in the Port of Melbourne, NSW Ports, and the Port of Brisbane, and vertical relationships with port services providers operating at the Port of Melbourne.

  • ACCC will not oppose JB Hi-Fi move on the Good Guys

    The Australian Competition and Consumer Commission has announced it will not oppose JB Hi-Fi Limited’s (ASX: JBH) (JB Hi-Fi) proposed acquisition of the Good Guys Discount Warehouses (Australia) Pty Ltd and the Muir Finance Company Pty Ltd (together, the Good Guys).