Wednesday, 29 July 2015 Sydney

Invest In Australia News::

  • Australian Conference of Economists 2015

    How consumer driven care is reshaping the community care sector
    Explores the regulatory reform being introduced through the National Disability Insurance Scheme (NDIS) with its emphasis on choice and control, and Consumer Directed Care (CDC) being introduced in aged care reforms.

    Australia's Digital Pulse
    The Australian Computer Society (ACS) has commissioned a report on the digital workforce (ICT reform).

  • Queensland-US initiative to develop disease-fighting drugs

    The Queensland Government is to support a Queensland-US initiative aimed at discovering and developing drugs to target diseases such as cancer, diabetes, infectious diseases and inflammatory disorders.

    The initiative was announced at the BIO 2015 conference in Philadelphia in June by the Queensland Premier, Annastacia Palaszczuk. The University of Queensland will establish the Queensland Emory Drug Initiative (QEDDI) to undertake this work.

    Through a reinvestment of returns from its already successful commercialisation activities, the University of Queensland will inject A$30 million into QEDDI over the next ten years.

  • "Mobile nation Impacts of mobile technologies on retail industry "

    2 July 2015: Deloitte Access Economics today released a report on the impacts that mobile technology is having on the retail industry – as a revenue channel, source of productivity growth and a customer engagement opportunity.
    The report includes case studies on the mobile retail experiences of Coles Financial Services and Catch Group, which explores their mobile technology offerings to customers and how it is disrupting retail.
    The report, Mobile nation: Opportunities and strategies for retail, was commissioned by the Australian Mobile Telecommunications Association (AMTA).
    The key report findings include:

  • Australia a Top Ten destination for foreign investment

    Australia has been listed as a Top Ten global destination for foreign direct investment (FDI) for the fourth year in a row by the World Investment Report 2015, published by the United Nations Conference on Trade and Development (UNCTAD).

    Australia attracted US$162 billion in FDI inflows over the three years to 2014 – up nearly 30 per cent from US$125 billion during the previous three years.

    This result reflects Australia’s credentials as an investment destination, underpinned by its strong economic growth, strategic location, global trade and investment ties, and proven record of innovation.



    1 July 2015

  • Dinner Speech: Crawford Australian Leadership Forum

    Thank you for your generous introduction.

    It is a great pleasure to join you at the dinner end of the day.

    The Crawford School of Leadership at Australia's National University is one of our premier policy leadership schools.

    It has earned its reputation at the nexus of research, public policy and entrepreneurship. It has also built important relationships within our Asia Pacific region, which together help to enhance our understanding of the world and shape our future.

  • Still time to have your say on country of origin labelling, says Joyce

    Consumers have until Friday to have their say on country of origin labelling options before a survey about different labelling options wraps up, Agriculture Minister Barnaby Joyce has said. 

    "For as long as I've been in politics, the issue of country of origin labelling has been raised with me," Minister Joyce said. 

    "We have answered the overwhelming desire of the Australian people by putting forward alternatives for a new system of labelling that is simple, that is diagrammatic, that reflects the proportionality of the product and how much comes from our nation, and that is compulsory. 

    "We now have more than 11,000 people who have had their say by completing the survey.  

  • World Humanitarian Summit - Pacific Innovation Challenge

    Today I opened the World Humanitarian Summit Pacific Regional Consultation (Regional Consultation) in Auckland, with New Zealand Minister of Foreign Affairs the Hon Murray McCully.

    The Regional Consultation is an opportunity to highlight our humanitarian response in the Pacific, one of the most disaster prone regions in the world. Of the top 20 countries with the highest annual average disaster losses by GDP, eight are from the Pacific.

    Today I announce $2 million dollars for a Humanitarian Innovation Challenge – designed to encourage individuals, the public and private sectors, academics and NGOs to identify creative solutions to the challenges faced by Pacific communities as a result of natural disasters.

  • CFOs and Sustainability: Shaping their roles in an evolving environment

    Deloitte’s new whitepaper, CFOs and Sustainability: Shaping their roles in an evolving environment, reveals numerous trends in the environmental, health, safety, and social impacts of the enterprise:

  • German institute partners with Melbourne cooperative research centre

    The renowned Fraunhofer Institute for Laser Technology, based in Aachen, Germany, is collaborating with the newInnovative Manufacturing Cooperative Research Centre (IM CRC), based in Melbourne.

    In late May, the IM CRC received A$40 million in federal government funding to assist Australian manufacturers transition to high-value internationally competitive manufacturing.

    Announcing the funding, which is over a period of seven years, the Minister for Industry and Science, the Hon Ian Macfarlane MP, said that CRCs will continue to be an important asset driving great collaboration between industry and research.

  • UK cloud-based email security provider opening two data centres in Australia

    Mimecast, the UK cloud-based email security provider, has invested in two new identical data centres to be opened in separate locations in New South Wales. The data centres are expected to go live within the next few months.

    Establishing these services in two geographically distinct centres will allow Mimecast to meet continuity of service commitments. If there is an issue or maintenance in one of the data centres the company is able to switch operations immediately to the other centre and so maintain customer email and data services.

  • Legislation to fund strong biosecurity and export certification passes the Senate

    New exports and imported food legislation designed to implement fairer, more equitable funding arrangements for users of export certification and biosecurity systems passed the Senate this week. 

    Minister for Agriculture, Barnaby Joyce, said the new legislation does not amend current fees and charges but it will now allow the Australian Government to progress the redesign of export certification and biosecurity cost recovery arrangements with industry and stakeholders. 

    "Improving the performance and efficiency and reducing unnecessary red tape in export certification was a commitment made by the Coalition prior to the last election and I am pleased that this legislation has passed, enabling us to continue this work. 

  • $1 million for Wild Dog Alert early warning system

    The Australian Government will invest over $1 million in a project, in partnership with industry, to develop and test an early warning system that has the potential to reduce wild dog attacks. 

    Launching the project today at a farm outside Walcha, New South Wales, Minister for Agriculture, Barnaby Joyce, said the Wild Dog Alert system would use cutting-edge technology, such as automated image recognition software, to get farmers on the front foot in the fight against wild dogs. 

    "Wild dogs cost Australia's agricultural sector as much as $66 million per year through livestock losses, disease transmission and control costs—and that doesn't even begin to take into account the emotional impact that wild dog attacks have on farmers," Minister Joyce said. 

  • "Australian Growth Company Awards Celebrating success in the mid-market"

    Launched in 2012, the Australian Growth Company Awards celebrate excellence in the mid-market. They recognise companies that demonstrate high rates of growth, as well as innovation, integrity, contribution to community and sustainable growth.


    Nominations open on 1 July 2015 and close on 1 September 2015. Access the 2015 nomination form here

    Join The Australian Growth Company Awards LinkedIn Group to keep up to date on the 2015 Awards.

  • "Australian Growth Company Awards Celebrating success in the mid-market"

    Launched in 2012, the Australian Growth Company Awards celebrate excellence in the mid-market. They recognise companies that demonstrate high rates of growth, as well as innovation, integrity, contribution to community and sustainable growth.


    Nominations open on 1 July 2015 and close on 1 September 2015. Access the 2015 nomination form here

    Join The Australian Growth Company Awards LinkedIn Group to keep up to date on the 2015 Awards.

  • ​Big opportunity in digital agriculture with $1.5 million investment​

    Australia’s Agriculture Minister, Barnaby Joyce, today announced $1.5 million in funding for a CSIRO project to provide farmers with practical information and advice on ways to use soil to reduce input costs and improve production in their cropping paddocks and pastures.
     Minister Joyce, speaking at the Soil, Big Data and the Future of Agriculture event in Canberra, said the nation’s farmers relied on healthy soil to support the $54 billion in agricultural production expected in 2015–16.
     “Agriculture plays a critical role in building our nation’s wealth today and tomorrow—and soil management plays a critical role in building agriculture,” Minister Joyce said.

  • Local economy, Local Investment Solutions with Geospacial Economic Modelling

    Unique granular modelling of over 2,000 locations across Australia uncover how fragmented and concentrated our economy is, PwC Economic Director Rob Tyson said today.

    "This information provides a huge opportunity for business and government to tailor investment strategies to local nuances," Mr Tyson said while releasing new Geospatial Economic Modelling (GEM) that reveals the patchwork economy.

    "When you understand the individual characteristics of Australia's 2,214 economies it becomes clear how diverse the Australian economy really is.

    "This is important because business and Government invested close to $350B in these 2,214 diverse locations last year.

    Business and government need to know four things about our granular economy:

  • PwC bolsters Family, Business & Wealth practice

    PwC Australia has appointed David Smorgon OAM as the Executive Chairman of its Family, Business & Wealth practice in Private Clients, furthering its commitment to family business advisory.

    PwC's Private Clients Leader David Wills said David Smorgon's role bolsters the firm's already successful Family, Business & Wealth practice and is a reflection of the growing interest in succession planning and building family harmony.

    "David Smorgon has been working with PwC for the past year as a consultant, helping families develop strategies that will give them the best possible chance of success - both in terms of growing the family business as well as achieving and maintaining family harmony," Mr Wills said.

  • ​Half a billion dollars spent supporting our farmers through drought​

    The Agriculture Ministry exists to both help those who are doing well to do better and also help those, who through no fault of their own, are doing it tough. 
    This Government has overseen record prices for cattle, sheep, and wool, finalised three Free Trade Agreements, and established new markets for a range of commodities from live cattle to tropical fruits. 
    Despite this, parts of our nation continue to battle severe drought and thus it is important to acknowledge that we have now paid out more than half a billion dollars to support those in need. 

  • "Deloitte continues to shape the digital market place And launches a new studio in Canberra "

    25 June 2015: Deloitte Digital has continued to build momentum and strengthen its digital capabilities by establishing a new studio in Canberra. This studio will cater for a rapid increase in demand for transformational digital services due to recent policy developments and whole-of-government initiatives that create new momentum for change within the public sector.

    Frank Farrall, Deloitte Digital lead partner noted that over the last two years digital disruption has moved from the edges to the core of the Canberra economy.

  • Agreement enhances opportunities for Australian scientists

    Australia’s CSIRO (the Commonwealth Scientific and Industrial Research Organisation) has signed an agreement with theEuropean Space Agency which will allow for more sharing of scientific expertise and give the country’s researchers better access to massive new datasets produced by the agency’s programs.

  • Further Australian Government assistance for banana growers

    The Australian Government will deliver additional assistance to banana growers following the detection of Panama disease, Tropical Race 4, in Queensland, including financial compensation to growers affected by the initial response as well as funding to develop detailed mapping of major banana producing regions.
    Minister for Agriculture, Barnaby Joyce, said that the Australian Government had now provided more than one million dollars as part of response efforts.
    The measures now committed by the Australian Government to date include:

  • ​Research plan to enhance Australian horticulture against fruit fly​

    Minister for Agriculture, Barnaby Joyce, today welcomed the unveiling of a research, development and extension (RD&E) plan that will enhance Australia’s capability to manage fruit fly that threatens parts of our $9.3 billion a year horticulture industry and up to $795 million in horticultural exports.
    “The National Fruit Fly Research Development and Extension Plan builds on the significant investment by industry and governments on operational, regulatory, research and development and market access programmes to manage fruit fly,” Minister Joyce said.
    “Fruit fly is a significant pest. Management of this pest will be central to our horticulture industry’s continued supply of quality produce to domestic and international markets.

  • Thai hotel group expands presence in Australia

    The Minor Hotel Group, part of Minor International PLC, one of the largest hospitality and leisure companies in the Asia Pacific region, has announced plans to expand its presence in Australia with two new properties.

    The Thai-based company will invest more than A$110 million for a new hotel and residential development within the A$5 billion City Link project in Perth, Western Australia.

  • Global tech company Square arrives in Melbourne

    The announcement is a major win for the vibrant and diverse Victorian tech industry, reaffirming its reputation as Australia’s technology leaders.

    Started by Twitter co-founder, Jack Dorsey, Square is a global payments technology company that has revolutionised commerce for small to medium enterprises (SMEs) with its innovative credit card payment reader and free point-of-sale app. 

    The Square Register App is already in high demand in Australia, following its release in November 2014. The unique app takes care of digital receipts, recording cash, card and cheque transactions, inventory and sales reports all in one place. This provides SMEs in Victoria with valuable analytics and feedback, which allows them more time to focus on customers.