Monday, 27 June 2016 Sydney
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Invest In Australia News::

  • NSW Government is investing around $1billion in schools

    The NSW Government is investing nearly $1 billion extra for new and upgraded schools across the State, bringing the total spend on education capital works to $2.6 billion over four years.

    The commitment detailed in yesterday’s Budget is in response to growing enrolments and to ensure students benefit from innovative technology and teaching practices. The commitment equates to around 3,000 classrooms.

    “By increasing investment in new and existing schools, we can ensure we are prepared for a once in a generation rise in enrolments and that all children receive the highest quality education,” said NSW Premier Mike Baird.

  • 2016-17 NSW Budget Overview

    Key areas of spending include:


    Jobs and investment

  • Fourteen community projects shortlisted for a share of $32 million infrastructure funds in NSW

    Fourteen local economic and social infrastructure projects from around the State have been shortlisted for a share of $32 million in funding available under the NSW Government’s 2015-16 Resources for Regions program.

    Minister for Regional Development, Skills and Small Business John Barilaro said the funding would help local communities most impacted by mining activity.

    “The shortlisted projects include road and sewerage upgrades, CBD renewal and expansion of health and tertiary education facilities across the Hunter, Central West, Illawarra, Western Riverina and North West region,” MrBarilaro said.

  • Julie McKay joins PwC Australia to boost diversity advisory capability

    One of Australia’s leading advocates for the social and economic empowerment of women, Julie McKay, will join PwC Australia as the firm’s lead partner for diversity and inclusion.

    Julie will be admitted as a partner of the firm in a dual role that will see her taking responsibility for PwC’s diversity and inclusion advisory business, as well as the firm’s own diversity and inclusion strategies and targets. Julie comes to PwC after nearly 10 years as Executive Director of UN Women Australia and more recently, as Gender Advisor to the Chief of the Defence Force.

  • Flexibility for small business to become SuperStream compliant in Australia

    With only days to go until the 30 June SuperStream deadline, more than 450,000 small businesses have implemented the required changes. And for those who will not be ready in time, the ATO will offer a helping hand.

    Deputy Commissioner James O’Halloran says it is encouraging that so many small businesses have implemented SuperStream ahead of the deadline.

    ‘We expect that many more small businesses will be SuperStream compliant when they make their super contributions for the June quarter,’ Mr O’Halloran said.

    However, he noted that while many have made the change, some small businesses may need extra time and help to become SuperStream compliant.

  • 2016-17 NSW Budget

    Key areas of spending include:

  • What's changed since the launch of the new business.gov.au?

    Since launching the new business.gov.au website in early May, we’ve heard your feedback and made changes from your suggestions.

    What’s new?

    Site search

    We’ve improved your experience when searching the website.

    Now when you search the website, results at the top of the list will contain the term that you’ve searched for, even if you only enter part of a single word (for example, type in ‘bus’ and you’ll get results which have the word ‘business’ in them).

    Grants & Assistance

    When you’re looking for an item in the Grants & Assistance feature, you’ll notice that results which are “Open and accepting applications” are now at the top of the list.

  • TAFE training to boost skills in Green Square

    Residents and businesses in the fast-growing Green Square area will be able to build skills in their own backyard with access to dozens of new TAFE NSW training programs.

    Lord Mayor Clover Moore today joined the NSW Minister for Skills, John Barilaro, to launch TAFE NSW’s presence in Green Square.

    Classes will initially be offered in construction, hospitality and information technology. TAFE NSW will work closely with local businesses and chambers of commerce to develop workforce training programs targeted at existing and emerging employment needs in the Green Square area.

    Plans for a purpose-built TAFE NSW training venue in Green Square will also be announced later in the year.

  • New South Wales Budget tackles youth employment head on

    The new $100 million Smart, Skilled and Hired initiative will target the State’s highest areas of youth unemployment and respond to the high demands for skilled workers in the construction and disability sectors, Minister for Skills John Barilaro announced.

    “The 2016-17 NSW Budget includes a landmark initiative that will tackle youth unemployment in hotspots including Western Sydney, the Central Coast, New England/North West and the North Coast,” Mr Barilaro said.

  • NSW provides $15 million to target more mobile black spots

    Accelerating the Mobile Black Spots Program is a key focus of the NSW 2016-17 Budget, with a $15 million commitment to Round 2 of the program, Minister for Regional Development and Small Business John Barilaro has announced.

    “The NSW Government has already committed $24 million to Round 1 of this program, which will fix 795 mobile phone black spots and deliver 144 new or upgraded mobile base stations that will cover more than 14,000 square kilometres,” Mr Barilaro said

    “Today we have committed $15 million for Round 2 of the Mobile Black Spots Program, to add to funding already committed by the Commonwealth and contributions expected from the mobile phone carriers.

  • NEC to set up $4.38 million cyber security centre in Adelaide and create 50 jobs

    Global technology company NEC Australia plans to establish a $4.38 million Global Security Intelligence Centre (GSIC) in Adelaide to address growing global demand for cyber security.

    The centre would create an additional 50 new jobs over five years and signals a major global investment in a growing sector with the ability to attract high-level Information Communication Technology (ICT) talent and additional investment to South Australia.

    The State Government has contributed $980,000 towards the proposed centre through its Economic Investment Fund.

  • $7b potential local government economic contribution must not be ignored this Australian election

    Mayor Troy Pickard, President of the Australian Local Government Association (ALGA), has set out local government’s plan to add an estimated $7.46 billion to national GDP and create an estimated 19,300 local jobs over three years on the second day of the 22nd National General Assembly of Local Government in Canberra.

  • NSW Budget: $25 million for new Sydney School of Entrepreneurship

    A new Sydney School of Entrepreneurship (SSE) will be established with a $25 million investment aimed at placing NSW at the epicentre of entrepreneurship in the Asia-Pacific region.

    The SSE will be a joint venture between NSW universities and TAFE NSW, and is supported by some of Australia’s most successful entrepreneurs.

    The school will bring together high performing students from all disciplines to learn, collaborate and experiment as part of their undergraduate degree or TAFE course.

    They will also receive the practical training, support and mentoring they need to kick start innovative businesses.

    Treasurer Gladys Berejiklian said the school would help further promote a culture of entrepreneurialism in NSW.

  • Whats changed since the launch of business.gov.au?

    Since launching the new business.gov.au website in early May, we’ve heard your feedback and made changes from your suggestions.

    What’s new?

    Site search

    We’ve improved your experience when searching the website.

    Now when you search the website, results at the top of the list will contain the term that you’ve searched for, even if you only enter part of a single word (for example, type in ‘bus’ and you’ll get results which have the word ‘business’ in them).

    Grants & Assistance

    When you’re looking for an item in the Grants & Assistance feature, you’ll notice that results which are “Open and accepting applications” are now at the top of the list.

  • Australian Local government welcomes Coalition’s Smart Cities Program announcement

    Local government peak body, the Australian Local Government Association (ALGA), has welcomed today’s election commitment from the Coalition to a $50 million Smart Cities Program for local government initiatives which apply innovative, technology-based approaches in the areas of planning, infrastructure and service provision.


    The program will encourage councils to partner with communities, local businesses, not-for-profits and research institutes to create service improvements and cutting-edge technology solutions to urban problems.

  • Australian Local Government delegates seek support for productivity plan

    Local government delegates attending the 22nd National General Assembly of Local Government in Canberra today have called for politicians to support a freight productivity plan by the Australian Local Government Association (ALGA), which would add an estimated $1.07 billion to GDP, create 2,400 new jobs in local communities over three years and add potential billions to national productivity beyond the first three years.

  • Aussies take the easy path to activism on social media

    Australians are using their social media profiles to make their voices heard on topical issues - and surprising results show it's not Gen Ys who are the most active, according to the latest Sensis Social Media Report.

    Known as 'slacktivism', using your social media account to make a visible gesture - such as changing the colour of your profile picture to support a cause - is becoming increasingly popular among Australians.

    Sensis General Manager Digital, Alice Mentiplay said: “This kind of ‘activism’ is much more of a female domain, with half the women surveyed saying they had made some kind of public gesture via social media, compared to only 26% of men.”

  • ‘Scale-ups’ central to innovation and Australia’s economic future

    FOREIGN investment rules should be relaxed to encourage a new wave of offshore funding and quarterly R&D tax credits introduced to help innovative, cash-poor firms as part of a bold blueprint to develop a high-tech Australian economy.

  • Looking to invest in regional or rural Tasmania?

    Applications are now open to express your interest in the Regional Revival Fund Grant Program for Tasmanian businesses!

    If your business is looking to invest in regional or rural Tasmania, you can apply for funding!

    What is the program about?

    The Regional Revival Fund Grant Program will assist in rebuilding regional communities in Tasmania.

    The aim of the Regional Revival Fund Grant Program in Tasmania is to:

    • create jobs in regional Tasmania by providing funding to bring forward projects that otherwise would be delayed or not proceed
    • provide economic or social benefits to rural or regional areas of Tasmania.

    The program provides funding to support projects that:

  • New global demand for ‘Made in Australia’

    In recent decades two significant new trends have influenced international trade: the increasing use e-commerce for trade transactions, and the prominent role of new diaspora networks1 in shaping trade.

    E-commerce has emerged as a strong channel of export. It has been driven by adoption of digital flows including the uptake of online marketing and payment by firms and consumers worldwide. It is also supported by continued growth of middle class consumers, particularly in Asia.

  • Trade Winds

    This week’s readings focus on digital disruption, digital intermediaries, and Australia’s manufacturing sector.

  • Freestyle Technology Opens R&D IoT Innovation Centre in Melbourne

    Commercialised IoT company, Freestyle Technology has announced the official launch of thier R&D IoT Innovation Centre in Melbourne and committed to creating 150 high-skilled tech jobs in Australia.

     

  • Medical Developments International creates jobs assisted by Victorian manufacturing grant

    The State Government of Victoria will help fund a new A$2.5 million facility for based manufacturer based in Melbourne's south-east which will create 15 new jobs and boost company exports by A$50 million.

  • Queensland economy shifts gears

    Queensland’s five year budgetary forecasts place its growth firmly at the top of the state leader board as its economy shifts gear. And that’s the rub, according to Deloitte Access Economics’ Director Natasha Doherty.

     

    “As the economy transitions from mining to embrace a more balanced future, it doesn’t yet feel buoyant; despite total employment increasing with 72,000 additional jobs, primarily in the service sectors, replacing the more than 20,000 jobs lost from the mining sector over the last two years.