Saturday, 22 July 2017 Sydney

Invest In Australia News::

  • Retail turnover falls 0.1 per cent in February

    Australian retail turnover fell 0.1 per cent in February 2017, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures. 

    This follows a rise of 0.4 per cent in January 2017.

    In seasonally adjusted terms, there were falls in clothing, footwear and personal accessory retailing (-2.5 per cent) and household goods retailing (-0.4 per cent). These falls were offset by rises in food retailing (0.3 per cent) and department stores (0.8 per cent). Other retailing, and cafes, restaurants and takeaway food services were relatively unchanged (0.0 per cent). 

  • Melbourne to become the commercial property hub of Australia by 2020

    Melbourne is poised to become the largest city centre office market in the country, overtaking Sydney by 2020.

    The biggest commercial construction boom in Melbourne for more than two decades will create the climate for the shift in capital city market focus.

    By contrast Sydney is facing a contraction in its market with office space being withdrawn to make way for the Metro Rail project. Towers are also being converted to other uses, including residential and hotels.

  • Israeli cyber security trainer CyberGym locates in Melbourne

    An Israeli cyber security training company will move its global headquarters to Melbourne, creating 60 jobs over three years.

    CyberGym, which was supported by the State Government of Victoria, joins the US Department of Homeland Security as members in the city's emerging cyber security hub.

    CyberGym, which is half-owned by Israel's biggest electricity supplier, runs cyber security training courses for organisations, placing staff in simulated cyber-attack situations and generating responses.

  • Phoenix Taskforce continues to put pressure on pre-insolvency industry

    The ATO has continued its focus on illegal phoenix activity with 80 officers conducting access visits without notice on two sites across Victoria on Monday 3 April.

    Deputy Commissioner Michael Cranston said the visits are part of ongoing investigations into illegal phoenix activity within the pre-insolvency industry.

    “The legitimate insolvency industry has strong concerns about those who may be promoting and facilitating illegal phoenix activity. Unlike registered liquidators, these so-called ‘specialists’ operate in an unregulated environment and their behaviour undermines the whole industry,” Mr Cranston said.

  • New Natural Resources Centre And Regional Hub To Centralise Services In Clare

    A new Natural Resources Centre and Regional Hub will be officially opened in Clare today, a 'one stop shop' where the community can seek information and advice about natural resource management in the region.

    Visitors will also be able to access information about land and water management, pest plant and animal advice and permits, educational resources, tourist and Parks SA information and wildlife and environmental services.

    The new centre is based in the historic former Clare Primary School and TAFE campus, which will now become a vibrant and multi-purpose facility.

  • Tax Cut a Vote Of Confidence in Small Business And Jobs

    The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell welcomed the Senate passing tax cuts for businesses with a turnover of up to $50 million, which will deliver a boost to small and medium-sized businesses across Australia.

    She said the tax cut was a vote of confidence in small to medium business’ role as the economy’s engine room in driving jobs growth.

    Ms Carnell said: “Businesses with a turnover of up to $50 million will now be in a better position to grow their business and, importantly, employ more people.

  • New Businesses Boost for Mid North

    The Mid North region will receive an economic boost with the establishment of a diverse range of new enterprises.

    The new businesses come following a State Government process to determine the future use of the Mid North Forests.

    The enterprises include:

  • Keeping prices down for vulnerable Tasmanians

    The average Tasmanian household struggling with the cost of living will save nearly $550 under the Liberal’s Plan to take over Taswater.

    Under the Labor/Taswater do-nothing approach, water and sewerage prices are forecast to rise by five percent each year for the next six years.

    In contrast, under our Plan, we will cut price increases to no more than 3.5 percent.

    We don’t believe it is acceptable to have 25 towns on boil water or do not consume alerts, sewage spills seven times the national average and only one of 78 sewerage treatment plant compliant with EPA standards.

  • Last Chance For River Murray Irrigators To Access 3IP Grant Funding

    Round Four of the $240 million South Australian River Murray Sustainability Irrigation Industry Improvement Program (3IP) is now open for Expressions of Interest - with almost $40 million available for irrigators.


    South Australian irrigators holding an SA River Murray water licence may be eligible for 3IP funding to help make significant efficiency and business improvements to their irrigation enterprise.

  • South East Wine Industry Shares In $180,000 Funding

    Wineries in the state's South East are reaping the benefits of the State Government's new $1.8 million SA Wine Industry Development Scheme (SAWIDS) designed to boost visitor numbers and support the wine sector.

    Ruckus Estate is the latest winery in the region to be offered a grant of $25,000 as part of the Cellar Door Grants Program, contributing to funding a new cellar door.

    Situated near Naracoorte Caves, the new cellar door will be a welcome addition for visitors to the region - boosting local wine tourism and helping increase cellar door sales.

  • Recognition Agreement signed with Adnyamathanha

    A historic agreement between the Adnyamathanha Traditional Lands Association (ATLA) and the South Australian Government was signed today at Wilpena Pound in the state’s mid-north.

    The Aboriginal Regional Authority Recognition Agreement is a commitment between the two parties to work more collaboratively, to enhance the voice of Adnyamathanha people in decision-making and driving regional priorities and growth.

    The agreement recognises ATLA as the lead regional decision-maker and the signing of the Recognition Agreement represents another significant step towards Reconciliation.

  • ATO seizes $5.8 million of illicit tobacco in regional Victoria

    An illegal tobacco crop with a potential excise value of $5.8 million has been seized and destroyed by the Australian Taxation Office (ATO) as part of an excise warrant in Victoria.

    15 acres of tobacco plants were seized at a property in Macorna, near Kerang, in northern Victoria, following an ongoing investigation into illegally grown tobacco.

    ATO Deputy Commissioner Michael Cranston said the raid shows a continued resolve by the ATO to stamp out the illegal trade.

    “It’s illegal to grow tobacco in Australia, and has been for more than a decade,” Mr Cranston said.

  • ASBFEO Search for Australia’s Best Dispute Resolution Specialists

    The office of the Australian Small Business and Family Enterprise Ombudsman (ASBFEO) is today launching a nationwide campaign to identify the country’s premier dispute resolution specialists to work with the ASBFEO in helping keep small businesses involved in business conflicts, out of the courts.

    The campaign seeks to bring together the very best commercial specialists in the field, with the aim of compiling an Alternative Dispute Resolution (ADR) provider list for small businesses to utilise, when seeking a way forward in business-to-business disagreements.

  • Local company awarded contract to replace Lake Tahune Hut and facilities

    The Hodgman Government is committed to upgrading important parks infrastructure to improve the visitor experience in our amazing national parks, and improve environmental sustainability.

    I am pleased to announce that Westbury construction company Valley Workshop has been awarded the contract to demolish and replace the hut and toilet facilities at Lake Tahune on the Frenchmans Cap walking track, worth $450,000.

    The current facilities are at the end of their projected life, and improvements were necessary to meet current and forecast demand into the future.

  • RDIF Helps Grow Renmark Design Business

    A new location and expanded premises has seen well-known Renmark design business, Tri State Graphics, increased its workload, employ three new staff and take on new services.


    The move was made possible through a Regional Development and Innovation Fund (RDIF) grant of $364,000.

    Minster for Regional Development Geoff Brock will visit the new store today (Tuesday, 21 March), to congratulate business owners Wayne & Gaylene Woosnam and see first-hand thee changes the RDIF grant has made possible.

  • Silicon Valley’s program 500 Startups to establish Australian HQ in Melbourne

    The world-renowned tech accelerator program 500 Startups will establish its Australian headquarters in Victoria after securing funding from LaunchVic, the State Government of Victoria's A$60 million startup fund.

    The announcement was made by 500 Startups founder Dave McClure, Victorian Minister for Small Business, Innovation and Trade Philip Dalidakis, and LaunchVicCEO Dr Kate Cornick, completing Round 2 of LaunchVic's funding program.

  • NT EPA to take part in PFAS Summit

    Representatives from the NT EPA will next month take part in a summit of international experts and regulators on the environmental regulation of per-and polyfluorinated alkyl substances (PFAS).

    Environment Protection Authority Victoria (EPA Victoria) is coordinating the summit, to be held in Melbourne from 4–5 April, on behalf of the Heads of EPAs Australia and New Zealand (HEPA) and the Australian Government Department of Environment and Energy.

    The summit will contribute to the development of a PFAS National Management Plan to help ensure good environmental practices are applied consistently to all PFAS contaminated sites across Australia.

  • NT EPA to take part in PFAS Summit

    Representatives from the NT EPA will next month take part in a summit of international experts and regulators on the environmental regulation of per-and polyfluorinated alkyl substances (PFAS).

    Environment Protection Authority Victoria (EPA Victoria) is coordinating the summit, to be held in Melbourne from 4–5 April, on behalf of the Heads of EPAs Australia and New Zealand (HEPA) and the Australian Government Department of Environment and Energy.

    The summit will contribute to the development of a PFAS National Management Plan to help ensure good environmental practices are applied consistently to all PFAS contaminated sites across Australia.

  • Cheaper water bills here to stay

    Greater Sydney households and businesses will continue to benefit from low water bills, following the release of the 2017 Metropolitan Water Plan.

    The 2017 Metropolitan Water Plan(external link) will ensure there is enough water to meet the current and future needs of the people and environment of Greater Sydney.

    There are four main outcomes of the plan:

  • Don’t get scammed by a fake online store

    20 March 2017

    The Australian Competition and Consumer Commission is warning online shoppers to be wary of scammers masquerading as legitimate online retailers, often selling well-known brands at too-good-to-be-true prices.

    Already in 2017, the ACCC’s Scamwatch service has received more than 1000 reports of online shopping scams worth more than $150,000 in total.

    Younger Australians in the 18 to 24 age bracket made up the biggest group of people who reported losing money to online shopping scammers. Worryingly, Scamwatch’s statistics also show nearly one in every two people reporting the scam lost money.

  • Global data analytics firm Udam sets up in Melbourne

    Global analytics company, Ugam, has set up its Australia New Zealand headquarters in Melbourne.

    Ugam's decision to locate here represents another vote of confidence in Victoria as a tech leader across the Asia Pacific.

    Ugam offers advanced analytics for retailers and manufacturers that solve marketing and merchandising problems and better engage with customers.

    The company is banking on rising interest in online shopping and the recent entry of Amazon, Alibaba and Costco into the Australian retail market.

  • Beaches Link plans revealed

    The NSW Government has revealed a preferred route for the Beaches Link and Western Harbour tunnels.

    The Beaches Link tunnel will connect to the Warringah Freeway, cross underneath Middle Harbour and connect with the Burnt Bridge Creek Deviation at Balgowlah. The Wakehurst Parkway will be upgraded to two lanes each way between Seaforth and Frenchs Forest.

  • ACCC Releases Statement of Issues on Caltex's proposed acquisition of Milemaker

    The Australian Competition and Consumer Commission has released a Statement of Issues expressing initial concerns about the proposed acquisition by Caltex Australia Petroleum (ASX:CTX) of a chain of 46 service stations in Victoria from Milemaker Petroleum.

    The ACCC’s preliminary view is that the acquisition may substantially lessen competition for the retail supply of petrol in Melbourne.

  • Unemployment rate falls again, now equal with national average

    Tasmania’s unemployment rate has fallen again to 5.8 percent, equal with the national average.

    The ABS figures release today show that we have delivered on our pre-election commitment to match the national unemployment rate.

    Under Labor the unemployment rate reached 8.1 percent. Under us, the rate is a massive 1.7 percent lower than when we came to Government when it was 7.5 percent.

    Tasmania’s unemployment rate is now the second lowest of any State in the country, only behind New South Wales, the only other Liberal State.