Saturday, 22 July 2017 Sydney
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Invest In Australia News::

  • ACCC to investigate and report on Australian gas markets and market transparency

    The Australian Competition and Consumer Commission will use its inquiry powers, including its ability to compulsorily acquire information, to increase transparency and address opaqueness in the gas market. The ACCC will provide regular information to the market over the next three years on the supply and pricing of gas under a broad reference from the Federal Government.

    “This new measure is an important element of the Government’s plan to make sure more affordable gas is available to industry and consumers,” ACCC Chairman Rod Sims said.

  • ACCC issues draft decision on Hunter Valley rail network access undertaking

    The Australian Competition and Consumer Commission has issued a draft decision not to accept the proposed Hunter Valley rail network access undertaking lodged by the Australian Rail Track Corporation (ARTC).

    The ACCC considers that the access undertaking is not appropriate in its current form as the key terms, such as the rate of return and approach to calculating weighted average mine life, do not reflect the regulatory and commercial risks faced by ARTC.

  • Wire-free light rail for Newcastle

    Newcastle is set to be Australia’s only city with a wire-free light rail system.

    As part of the Revitalising Newcastle program, overhead wires from the planned light rail system will be removed.

    Newcastle light rail vehicles will be fitted with onboard storage to remove the “spider-web” of overhead wires.

    Minister for Transport and Infrastructure Andrew Constance said the upgrade is a game changer for the urban amenity and sustainability of Newcastle light rail.

  • Ararat wind farm now producing clean power: ACT on track to deliver 100% renewable energy by 2020

    Seventy-five turbines at the Ararat wind farm in Victoria are now feeding renewable electricity into the national grid as part of the ACT’s 100% renewable electricity target, Minister for Climate Change and Sustainability Shane Rattenbury said today.

    “The farm will generate about 272,000 megawatt-hours of clean, renewable electricity each year which is enough to power around 37,000 Canberra homes and ensure we are well on the way to achieving our 100% renewable electricity target,” Mr Rattenbury said.

  • Green waste bin pilot program begins in Weston today

    The first green waste bin collections have taken place in Weston today as part of the ACT Government’s green waste bin pilot program.

    The pilot program will cover suburbs in Canberra’s south, including Chapman, Duffy, Fisher, Holder, Rivett, Stirling, Waramanga, Weston and Kambah.

    Minister for Transport and City Services, Meegan Fitzharris said the bins provided residents with a cheaper, more convenient way to dispose of their green waste.

  • Bang for your buck over Easter

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

    The fickle price of petrol can be a frustration for motorists, particularly through periods of high demand like Easter.

    To help reduce the impact of petrol prices on the household budgets this Easter, I encourage Tasmanian motorists to download the GasBuddy petrol price app.

    GasBuddy, supported by the RACT and enabled by a $60,000 one-off grant from the Hodgman Government, helps connect motorists with timely information on petrol prices in their area.

  • $6.4 billion record investment in Tasmania's health system

    The Hodgman Liberal Government has made rebuilding Tasmania's health system a key priority and this is reflected in the actions we have taken.

    We are investing an unprecedented $6.4 billion over the 2016-17 Budget and Forward Estimates, $600 million more than the former Labor-Green Government's last Budget -  including opening beds, conducting more surgeries and employing more frontline clinical staff.

  • ACCC proposes to grant authorisation to SA businesses for the joint purchase of electricity

    The Australian Competition and Consumer Commission has issued a draft determination proposing to allow the South Australian Chamber of Mines and Energy, along with 24 other South Australian businesses, to establish a joint electricity purchasing group. The ACCC proposes to grant authorisation for 11 years.

    The ACCC has also granted interim authorisation to allow the parties to commence a joint tender for the supply of electricity immediately. 

  • ACCC approves cane growers collective bargaining

    The Australian Competition and Consumer Commission has authorised members of the Canegrowers Organisation to collectively bargain cane supply and related contracts with mill owners and sugar marketers for ten years.

    “This authorisation can provide an opportunity for growers, millers and sugar marketers to negotiate mutually beneficial contracts without breaching competition laws. It is up to the parties to decide the extent to which they take up this opportunity,” ACCC Commissioner Mick Keogh said.

  • Trend employment growth strengthens in March

    Trend employment increased by 16,500 to 12,033,400 persons in March 2017, according to figures released by the Australian Bureau of Statistics (ABS) today. Total employment growth over the year was 1.0 per cent, just over half the average growth rate of the past 20 years (1.8 per cent).

    “We have seen strengthening in full-time growth over recent months, following falls in full-time employment recorded through much of 2016” said the Acting General Manager of ABS' Macroeconomic Statistics Division, Jacqui Jones. 

    The trend monthly hours worked decreased by 0.4 million hours (0.02 per cent), with decreases in total hours worked by both full-time and part-time workers.

  • Research opens up opportunities for African mahogany industry

    A project to optimise value from African mahogany plantations has become the first Territory project to attract forest wood products industry R&D funding.

    Department of Primary Industry and Resources Principal Research Scientist Dr Mila Bristow said plantation forestry was an increasingly important industry and the second largest production land use in the Northern Territory after cattle grazing, with more than 49,500ha of the NT currently used to produce forestry products in managed plantations.

  • Small business should never be a bank for big business, says ASBFEO Payment Times Final Report

    The Australian Small Business and Family Enterprise Ombudsman (ASBFEO) today called on the Australian Government to legislate to set a maximum payment time for big businesses to pay their small business suppliers.

    The ASBFEO today released findings from its Inquiry into Payment Times and Practices in Australia.

    The Inquiry found widespread evidence of a growing trend for Australian and multinational companies to delay and extend payments to their suppliers with typical payment times of 30 days moving out to 45, 60, 90 or 120 days.

  • Two tax agents sentenced for fraud

    A 55 year old man, Artin Etmekdjian, was sentenced in the Sydney Downing Centre Local Court yesterday to 7 months imprisonment, after being convicted of dishonestly attempting to influence a Commonwealth official.

    The conviction is the result of a successful ATO investigation that proved the tax agent and former mayor had backdated documents linked to the tax returns of a senior banker. The documents were provided to the ATO during an audit of the banker’s tax affairs.

    Mr Etmekdjian will serve the sentence by way of an Intensive Correction Order.

  • EXPANDED IRRIGATION AREA TO CREATE 3700 JOBS FOR NORTHERN ADELAIDE

    The State Government has committed to invest $110 million to help expand the Northern Adelaide Plains irrigated food production area, which would create 3700 jobs in and around Adelaide's northern suburbs and add more than $500 million a year to the State's economy.

    Premier Jay Weatherill, joined by Minister for Agriculture, Food and Fisheries Leon Bignell and Minister for Water Ian Hunter, today announced the State Government has submitted an application to the Federal Government's National Water Infrastructure Development Fund (NWIDF) to help fund the project.

  • Census reveals the 'typical' Australian Capital Territorian

    The Australian Bureau of Statistics (ABS) has today revealed the first insights from the 2016 Census of Population and Housing, releasing a preview of the key characteristics that make the ‘typical’ person in the Australian Capital Territory in 2016 and highlighting Australia’s diversity.

    Today’s release comes ahead of the first Census data release on Tuesday, 27 June 2017. This will include datasets for all national, state/territory and capital cities, along with datasets for small population groups and small geographic areas such as suburbs and Local Government Areas, showing that there’s nothing ‘typical’ about Australians at all!

  • Census reveals the ‘typical’ Australian

    The Australian Bureau of Statistics (ABS) has today revealed the first insights from the 2016 Census of Population and Housing, releasing a preview of the key characteristics that make the ‘typical’ Australian in 2016 and highlighting Australia’s diversity.

    Today’s release comes ahead of the first Census data release on Tuesday, 27 June 2017. This will include datasets for all national, state/territory and capital cities, along with datasets for small population groups and small geographic areas such as suburbs and Local Government Areas, showing that there’s nothing ‘typical’ about Australians at all!

  • Don’t get scammed by dodgy internet pop-ups

    The Australian Competition and Consumer Commission is warning people to watch out for dodgy internet pop-up windows claiming there are viruses or other seemingly nasty tech problems affecting their computer.

    Known as remote access scams, these pop-up windows are used as a ploy to get unsuspecting victims to call a fake support line – usually a 1800 number. The scammer will then ask for remote access to their victim’s computer to ‘find out what the problem is’.

  • ACCC to monitor Australia's broadband performance

    The Australian Competition and Consumer Commission has welcomed the Federal Government’s announcement today that it will fund a new broadband performance monitoring program to provide Australian consumers with accurate and independent information about broadband speeds.

    The program will use hardware-based devices to perform remote testing of around 4,000 households to determine typical speeds on fixed-line NBN services at various times throughout the day.

  • Tax assistance for people affected by Cyclone Debbie and ex-cyclone Debbie

    Refunds will be fast tracked for people affected by extreme weather and flooding caused by tropical cyclone Debbie and ex-Cyclone Debbie in Queensland and New South Wales. Taxpayers and their Tax and BAS agents will also have additional time to lodge income tax returns and activity statements.

  • RESEARCH ENRICHING THE LIVES OF SHY CHOOKS

    Shy hens are overcoming their fear of open spaces - thanks to shade shelters, sand pits and hay bales.

    Recent research found using a range of artificial enrichment structures encouraged Hy-Line brown layer hens, commonly used in commercial egg production to leave the shed for the free-range paddock.

    The structures fostered natural behaviours such as the hens' prey instinct to sheltering and perching and helped to meet the birds' instinctive foraging needs. This resulted in less pecking damage and a significant improvement in the feather condition and plumage of the hens that were in the paddock.

  • Tourism and forestry can co-exist and prosper

    The signing today of an updated Tourism and Forestry Protocol Agreement is further evidence that forestry and tourism can co-exist and prosper.

    The Hodgman Liberal Government is the strongest supporter of both tourism and forestry and the jobs and economic growth they offer regional Tasmania.

    The agreement is between the Tourism Industry Council Tasmania, Forestry Tasmania, Forest Industries Association of Tasmania and the Tasmanian Farmers and Graziers Association and boosts communication, consultation and co-operation.

  • Tax assistance for people affected by Cyclone Debbie and ex-cyclone Debbie

    Refunds will be fast tracked for people affected by extreme weather and flooding caused by tropical cyclone Debbie and ex-Cyclone Debbie in Queensland and New South Wales. Taxpayers and their Tax and BAS agents will also have additional time to lodge income tax returns and activity statements.

  • Tourism NT supporting local operators to drive visitation in the Territory

    Northern Territory tourism operators are being given the chance to update their marketing material with fresh images through a new Digital Assets Program.

    Eligible and approved tourism operators will receive a professional photoshoot designed to capture their businesses and the experiences they offer. Companies will receive up to ten high quality images they can use across marketing and promotional campaigns.

    Department of Tourism and Culture CEO Alastair Shields said the program was a great way for tourism operators in the Territory to refresh their promotional material and stay relevant in a competitive market.

  • FISHERS INSPECTED IN PORT AUGUSTA COMPLIANCE OPERATION

    Recreational fishers are reminded to familiarise themselves with the new recreational fishing rules following detections at Port Augusta last month.

    Approximately 55 fishers were checked at both local boat ramps and beaches in Port Augusta for compliance with daily bag, boat and size limits, with six on the spot fines issued for Razorfish and Blue Swimmer Crab related offences.

    Fisheries Officers also conducted the first of a number of scheduled inspections of local businesses including as far as Hawker, following reports of recreationally caught fish and Razorfish being sold in the region.