Saturday, 15 August 2020 Sydney

Invest In Australia News::

  • Ombudsman issues ‘more information’ notice to APRA

    The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell says if the Australian Competition & Consumer Commission (ACCC) re-authorises the Australasian Performing Rights Association’s (APRA) operations, it should be limited to a year-by-year basis until APRA can be more transparent about its activities and provide better coverage to all businesses.

    “The ACCC has heard our ongoing concerns over the lack of transparency with regard to APRA’s current reporting obligations,” Ms Carnell says.

  • Dodo to refund $360,000 over NBN streaming claims

    Dodo Services Pty Limited (Dodo) has agreed to refund up to $360,000 to around 16,000 customers for claims that its entry-level NBN broadband plans were ‘perfect for streaming’.

    The refunds are part of a court-enforceable undertaking made to the ACCC after Dodo admitted its conduct was likely to be false or misleading and in contravention of the Australian Consumer Law. 

  • Company and director fined for obstructing WorkSafe investigation

    Queensland based labour hire company Tropickist Pty Ltd and company director David O’Brien were both convicted and fined a total of $13,000 in the Darwin Local Court on 3 July 2019, after pleading guilty to breaching Section 155 (5) of the Work Health and Safety (National Uniform Legislation) Act 2011.

    Mr O’Brien and Tropickist failed to cooperate with NT WorkSafe, and without a reasonable excuse, ignored requests to provide documents during an investigation into the 2016 death of Fijian national, Josia Benaca Turagatani.

  • Bienvenue à Victoria, VISEO!

    Recently VISEO opened its Australian Head Office in Melbourne from where it will grow its market presence and undertake product development.

    VISEO is a global tech company with its origins in France. They are digital makers, helping organisations to transform themselves through Technology and Innovation. VISEO as a company can be considered as a success story - started from scratch to build a group of more than 2,000 consultants with a strong presence on five continents.

  • Most workers staying in the same job

    More than 10 million people working in Australia stayed in their current job over the year ending February 2019, according to statistics released by the Australian Bureau of Statistics (ABS) today. 

    Head of Labour Statistics Bjorn Jarvis said that this equated to eight out of every ten workers having been in a job for 12 months or more.

    “The last decade has seen fewer people leaving or losing their jobs." Mr Jarvis said. “This has been especially true for women, with 15 per cent of all women who worked in the year leaving or losing a job, down from 19 per cent in 2008. This compared to 14 per cent for men in 2019, down from 17 per cent in 2008.” 

  • Court dismisses ACCC's case against Woolworths over disposable picnic products

    The Federal Court has found that Woolworths’ environmental claims that its ‘Select eco’ range of disposable plates, bowls and cutlery were “biodegradable and compostable” were not false or misleading.

    “We argued that Woolworths’ claims meant a consumer could reasonably expect the disposable products would decompose in landfills or domestic composting within a reasonable time,” ACCC Chair Rod Sims said.

  • Competition law expert Stephen Ridgeway appointed

    ACCC Chair Rod Sims has welcomed Treasurer Josh Frydenberg's announcement today that Stephen Ridgeway will join the agency as a Commissioner.

    Mr Ridgeway has been appointed for a term of five years. He brings to the ACCC extensive experience as a leading lawyer specialising in competition and consumer law, including in large-scale litigation, merger review and infrastructure access matters.

  • Samsung in court for misleading phone water resistance advertisements

    The ACCC has instituted proceedings in the Federal Court against Samsung Electronics Australia Pty Ltd (Samsung) alleging it made false, misleading and deceptive representations in advertising the water resistance of various ‘Galaxy’ branded mobile phones.

    Since around February 2016, Samsung has widely advertised on social media, online, TV, billboards, brochures and other media that the Galaxy phones are water resistant and depicted them being used in, or exposed to, oceans and swimming pools.

  • Virgin Australia granted interim authorisation to cooperate with Virgin Atlantic

    The ACCC has granted interim authorisation for Virgin Australia (ASX: VAH) to cooperate with Virgin Atlantic on flights between Australia and the United Kingdom/Ireland, via Hong Kong, Los Angeles and any other future mutual connecting points.

    While the two airlines are separate businesses, they already have a codeshare arrangement which allows them to market flights on planes flown by the other.

  • Further slowing in job vacancies in May

    The number of job vacancies in Australia increased by 0.3 per cent over the May 2019 quarter, according to new trend figures from the Australian Bureau of Statistics.

    Bruce Hockman, Chief Economist at the ABS, said that growth in vacancies was noticeably weaker in 2019 than it had been in 2018.

  • Retail turnover rose 0.1 per cent in May

    Australian retail turnover rose 0.1 per cent in May 2019, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures. 

    This follows a fall of 0.1 per cent in April 2019. 

    ABS Director of Quarterly Economy Wide Surveys, Ben James said: "There were mixed results across the industries with rises in Cafes, restaurant and takeaway food services (0.7 per cent), Household goods retailing (0.5 per cent), and Other retailing (0.6 per cent). These rises were offset by falls in Food retailing (-0.3 per cent), Department stores (-0.4 per cent), and Clothing, footwear and personal accessory retailing (-0.2 per cent)."

  • Immigration Museum inks a new direction

    Take a tattoo trip around the world from Samoa to Japan and back to Melbourne at the Immigration Museum’s latest show.

    Expanding its focus of the past 20 years to reach wider audiences, a multi-floor exhibition at the Immigration Museum on Flinders Street may surprise you.

    It’s not about travellers making their way to Australia to start a new life. Rather, it’s about tattoos.

  • Ombudsman to monitor new banking code’s enforcement

    While the new Banking Code of Practice is an improvement on previous versions, it remains to be seen if it will be effective in addressing the imbalance of power held by the banks, the Australian Small Business and Family Enterprise Ombudsman Kate Carnell has said.  

    “There have been a number of claims made in the media that this Banking Code of Practice has teeth, but clause 213 states banks need only comply with reasonable requests from the Banking Code Compliance Committee (BCCC),”Ms Carnell says.

  • Optus customers urged to check for refunds



    Optus customers are encouraged to check if they have received an email or SMS from Optus about a refund they may be entitled to in relation to Optus’s Direct Carrier Billing (DCB) third-party billing service.

  • RecordPoint establishes APAC HQ and engineering hub in Melbourne

    With offices in Seattle, Sydney, London as well as Melbourne, global records management company RecordPoint will establish a cutting-edge facility here to serve as the company’s AI and Engineering Hub and headquarters for its Asia Pacific operations.

    RecordPoint offers globally standards-compliant, records and data management solutions for SharePoint, Office 365, physical records and other cloud and local repositories.

  • Water Regulator inspecting Hawkesbury and Hills agricultural operations

    The Natural Resources Access Regulator (NRAR) is now inspecting agricultural operations on the Hawkesbury River to find out their level of compliance with water laws.

    The NRAR’s Director Water Regulation (East) Greg Abood, said during the five-month campaign his officers will determine the level of compliance with water laws by checking water-take plant and equipment and how water take is monitored.

  • ACCC hosts leaders of South East Asian competition agencies

    The ACCC has today welcomed competition commissioners and agency leaders from ASEAN countries and New Zealand for three days of meetings in Brisbane. This will be the first time many of South East Asia’s newly appointed competition commissioners will have met their regional counterparts to discuss key competition law developments in the region.

  • Unlocking New Economic Activity In Our Regions

    The State Government is inviting applications for the second $5 million competitive funding round of the Regional Growth Fund, which opens today.

    Minister for Primary Industries and Regional Development Tim Whetstone said the $150 million Regional Growth Fund – part of the Recharging Our Regions policy – is designed to facilitate new economic opportunities to build and strengthen communities across regional South Australia.

  • Single Touch Payroll for Small Business

    NSW small business owners are encouraged to get on board with a new ‘Single Touch Payroll’ system that comes into effect from today for employers with less than 19 employees.

    Minister for Finance and Small Business Damien Tudehope said the NSW Government had been helping businesses prepare for Single Touch Payroll with workshops through its Business Connect advisory service network.

  • ACCC to enforce new rules for electricity retailers

    The ACCC will be enforcing new rules that will benefit most electricity consumers by both limiting standing offer electricity prices and imposing new advertising rules on electricity providers under the new Electricity Retail Code. This code comes into force today in South East Queensland, New South Wales and South Australia.

    From today, electricity retailers have various obligations under the code including:

  • Sydney secures International Maritime Expo

    The NSW Government has successfully locked-in Sydney as the home of one of the world’s largest biannual defence and maritime industry events, the PACIFIC International Maritime Expo, for 2019 and 2021.

    Deputy Premier and Minister for Trade and Industry John Barilaro said PACIFIC is the only comprehensive exhibition of its kind in the Indo-Asia-Pacific region.

    “The biannual PACIFIC exhibition will put Sydney centre stage when it comes to investment in defence and maritime technology,” Mr Barilaro said.

  • Regulation of wholesale mobile voice terminating services to continue

    Australia’s domestic Mobile Terminating Access Service (MTAS) for mobile voice services will be regulated by the ACCC for a further five years, but regulation of the MTAS for SMS services will not continue.

    The MTAS is an essential wholesale service that allows consumers on different mobile networks to make calls or send SMS to each other. It requires mobile network operators to connect or ‘terminate’ calls or SMS between their different networks.

    The current regulation, or declaration, of voice and SMS MTAS expires on 30 June, 2019.

  • Court finds Kimberly-Clark did not mislead consumers with 'flushable' claims


    The ACCC had alleged that in describing its products as ‘flushable’ on product packaging and its website, Kimberly-Clark had misled consumers about the suitability of its wipes to be flushed down the toilet.

    “We argued that Kimberly-Clark’s wipes did not break apart quickly once flushed and therefore should not have been considered ‘flushable’,” ACCC Chair Rod Sims said.

    However, the Court found that Kimberly-Clark’s claims were not false or misleading.

  • Ensuring everyone can use and enjoy new digital technology

    The Hodgman Liberal Government is committed to improving digital inclusion for all Tasmanians.

    This is why we commissioned a study through the Tasmanian Council of Social Service (TasCOSS) to increase our understanding of where Tasmanians may be experiencing high levels of digital exclusion.

    The TasCOSS report released today identifies the key characteristics of low digital inclusion in Tasmania and identifies some locations experiencing digital disadvantage.