Tuesday, 21 November 2017 Sydney

Invest In Australia News::

  • ACCC statement on Aldi Flushable Wipes

    Earlier this week, the ACCC raised concerns with ALDI regarding its promotion of ALDI Green Action Flushable Bathroom Cleaning Wipes (100pk) in its Special Buys catalogue. The ACCC’s concerns stem from the use of the term ‘flushable’, in particular the concern that such a claim may mislead consumers if the claim cannot be substantiated.

    The ACCC is already pursuing alleged misleading ‘flushable’ claims more generally, with two proceedings currently before the Federal Court against Pental and Kimberly-Clark Australia Pty Ltd. 

  • Statement on recent reports of refund fraud

    The ATO is investigating recent reports of two tax agents whose clients are reporting the receipt of an unexpected ATO refund into their bank account. There is no information to suggest ATO systems have been compromised. The impacted agents proactively contacted the ATO and we are working in partnership to mitigate the risk to other clients and revenue.

    Fraudsters steal personal identification information using various methods from sources outside of the ATO. This information is used to impersonate ATO clients and lodge fraudulent tax refunds. The protection of client information is a shared responsibility of the ATO and a broader network of trusted partners. 

  • Labor in hiding on cable car, White’s small target strategy revealed

    Days after releasing draft legislation on the Mt Wellington cable car, Labor has gone into hiding and is refusing to comment.

    This is clearly a sign that Labor is looking to join the Greens and doing everything to block the next steps in making a cable car a reality.

  • Enterprising Young Rural Ambassador Wins Award

    Lachy Johnson, a 19-year-old apprentice mechanic from Bordertown, has been named South Australia’s Young Rural Ambassador for 2017.

    Representing the Mundulla Agricultural, Horticultural & Floricultural Society (A, H & F) and the South East and Border Show Association, Lachy was named the winner at the Young Rural Ambassador Award State Final by the Agricultural Societies Council of South Australia at Rydges South Park Adelaide on Friday night.

  • Low cost, low cover private health policies rising

    An ACCC report into the private health insurance industry released today has found that affordability of private health insurance remains a significant concern for consumers.

    The complexity of policy information provided by insurers is another key issue, reflected in increasing complaints about the industry. 

    “Our report found that people are shifting towards lower-cost policies with lower benefits.” ACCC Deputy Chair Delia Rickard said.

  • AG Energy Council meeting: States and territories “getting the job done”

    Today ACT Minister for Climate Change and Sustainability Shane Rattenbury joined with ministers from Victoria, South Australia, and Queensland at the COAG Energy Council meeting to call on the Federal Government to push ahead with implementation of a Clean Energy Target (CET).

    “Today the ACT joined with our state counterparts in encouraging the Federal Government to follow the leadership of our jurisdictions in adopting a Clean Energy Target,” Mr Rattenbury said.

    “We are disappointed that the Federal Government has chosen instead to dither and delay on real climate action, while states and territories including the ACT are busy getting on with the job.

  • ACCC urges Horticulture Industry to comply with code

    The Australian Competition and Consumer Commission is putting growers and traders in the horticulture industry on notice that they need to take steps to comply with the 2017 Horticulture Code of Conduct, or face penalties and fines.

    Addressing the 2017 NSW Farmers Horticulture Forum today, ACCC Commissioner Mick Keogh called on growers and traders to familiarise themselves with the Code and to ensure their businesses are compliant.

  • Beware high risk, no reward investment scams


    The ACCC is warning the community to watch out for investment scammers who promise the world but leave their victims with broken dreams and empty bank accounts.

    “In the first half of 2017, Australians have reported losing over $13 million to investment scams to the ACCC’s Scamwatch website, making it the most profitable of all the current scams. It is likely that losses are much higher as many victims do not report scams or contact other authorities,” ACCC Deputy Chair Delia Rickard said.

  • Report finds pharmaceutical manufacturing driving huge growth in Victoria’s exports

    New data shows Victoria's medical technologies and pharmaceuticals exports are experiencing rapid growth thanks to world-class advanced manufacturing capabilities.

    Victorian Minister for Industry and Employment Wade Noonan today launched the State of the Sector Medical Technologies and Pharmaceuticals 2017 report while visiting GlaxoSmithKline's (GSK) facility in Melbourne's east.

  • Sydney Startup Hub gives regional NSW a place to land and launch

    A new $35 million startup hub in Sydney’s CBD will provide a world-class landing pad for regional startups to tap into global networks, customers and investment.

    Announcing the new Sydney Startup Hub (SSH) today, Deputy Premier and Minister for Regional NSW and Small Business, John Barilaro, said the Hub would give regional startups a dedicated space to showcase their businesses and ideas.

    “The Sydney Startup Hub is Sydney by name only, it is truly a statewide initiative that supports regional entrepreneurs and connects the wider startup community.

  • Rising parcel delivery costs hit small business

    Small business operators have raised concerns with the Australian Small Business and Family Enterprise Ombudsman regarding the cost of sending parcels.

    It appears that Australia Post provides volume discounts to big customers who send large amounts of parcel mail.

    Ombudsman Kate Carnell is considering options to level the playing field for small businesses.

    “Concerns have been raised with me by small business operators regarding their capacity to compete with big business when it comes to online sales,” Ms Carnell said.

  • Tasmanian defence industries taking on the world

    The Hodgman Liberal Government continues to back our State’s capabilities in the manufacturing and defence contracting sectors, and welcomes the latest international successes of two home-grown companies, which cements what should be our place in Australia’s own defence building sector.

    CBG Systems and Liferaft Systems Australia (LSA), both based at Derwent Park, are taking Tasmanian know-how and innovation to the world’s defence forces.

  • Mice Baiting And Chemical Use Alert To Combat Plague

    Famers are being advised to follow best practice chemical use when combatting mice numbers, which have now reached plague proportions in some areas of South Australia.

    Under the Agricultural and Veterinary Products (Control of Use) Act 2002 it is an offence to NOT follow these specific mandatory instructions when an approved chemical label includes instructions that contain the words MUST, MUST NOT, DO NOT, NOT TO BE USED or USE ONLY.

  • ACCC releases findings of beer taps investigation

    The ACCC has conducted an in-depth investigation into the contracts of Carlton United Breweries (CUB) and Lion Pty Limited (Lion) after allegations from some craft brewers that the major brewers were locking them out of beer taps in pubs, clubs and live venues through the use of exclusivity provisions and volume requirements.  

    The ACCC investigation examined contracts and practices at 36 venues across NSW and Victoria and found that their impact is unlikely to substantially lessen competition in any of the markets we investigated. However, the competition watchdog says it will continue to closely monitor conduct and developments in the market.

  • Second Commissioner’s Statement: ATO digital forensic capability

    I would like to reassure the community about the ATO’s use of digital forensic capability, following media reports today.

    The ATO does not monitor taxpayers’ mobile phones or remotely access their mobile devices.

    Circumstances where the ATO uses technology such as the Universal Forensic Extraction software provided by Cellebrite, is to support criminal investigations. For example, where assets such as laptops or mobile devices may contain information about activity related to suspected organised crime or alleged large scale promotion of aggressive tax schemes.

  • Certainty for stakeholders who rely on ATO systems

    The ATO remains committed to ensuring the ongoing stability, availability and resilience of our IT systems for Tax Time 2017 and into the future.

    The issues we have encountered with our systems over the past few weeks highlight the sheer size, scale, and complexity of the ATO’s IT environment. We continue to examine the triggers and cause of these issues and this analysis is informing the ongoing remediation work we are undertaking. We can confirm recent events have not been related to our storage area network (SAN), but have been caused by other hardware or mainframe issues, and sometimes simply human error.

  • Judicial review of procurement complaints welcomed

    The Australian Small Business and Family Enterprise Ombudsman has welcomed the Government Procurement (Judicial Review) Bill as a “first step in the right direction” to provide small businesses with a legislated mechanism to raise complaints.

    Ombudsman Kate Carnell says the Australian Government spends between $50-60 billion each year on goods and services.

    In 2015–16, small and medium-sized enterprises (SME) accounted for 24 per cent of procurement by value ($13.7 billion).

    Ms Carnell said the percentage, as a share of overall total value, had been steadily declining over the past three years.

  • Freycinet Lodge expansion

    Tasmania’s national parks are genuinely world class and the Hodgman Liberal Government’s policy to attract investment for new tourism experiences in our natural areas is ensuring that they continue to attract visitors from around the world in record numbers.

    I am very pleased that work has now commenced for the redevelopment at the award-winning Freycinet Lodge that will help attract even more tourists to the beautiful East Coast of Tasmania.

  • Relaunch of Business Tasmania website

    The Hodgman Liberal Government is a strong supporter of the over 36,000 small businesses operating in Tasmania and the 100,000 people they employ.

    Today, I was pleased to officially relaunch the Business Tasmania website, which has been refreshed and updated with additional funding from last year’s budget.

    Business Tasmania provides businesses with a one-stop-shop providing access to useful tools and programs including personalised business advice, business mentoring, information on available grants and loans and other content.

  • Temporary Fishing Closure For Yorke Peninsula Shellfish Reef

    The Yorke Peninsula shellfish reef will officially open to recreational fishers later next month, following a month long closure to allow the newly constructed reef time to stabilise and settle.


    Maritime Construction concluded building the reef earlier this week, with the final concrete structures and locally picked limestone set in place.

    Fishing within the four-hectare reef site will be closed to all fishing sectors from Friday 14 July 2017 until Friday 18 August 2017.

  • Local infrastructure to support Stronger Country Communities

    Applications are now open for the $200 million Stronger Country Communities Fund.

    Announced in the 2017-18 budget, the fund is part of the Regional Growth Fund and will help rebuild and refurbish local infrastructure projects in regional communities.

    The fund will support projects between $100,000 and $1 million, or higher with financial co-contribution, across 92 local government areas (LGA) in regional NSW, as well as Lord Howe Island and the Unincorporated Far West.

    Projects include:

  • Government investing in keeping Canberra community safe

    Minister for Police and Emergency Services Mick Gentleman today unveiled his key priorities for ACT Policing for 2017-18, including a focus on responding to domestic and family violence, and preventing terrorism in the ACT.

    “The key priorities I have issued today as part of my Ministerial Direction are focused on keeping the Canberra community as well as our frontline Police officers safe,” Minister Gentleman said.

    “The ACT Government is committed to the safety of all Canberrans, and these priority areas will build on the community’s confidence and trust in ACT Policing.”

  • ACCC appeals Tribunal decision in Tabcorp-Tatts merger

    The Australian Competition and Consumer Commission has applied to the Federal Court for judicial review of the Australian Competition Tribunal’s decision to grant authorisation for Tabcorp Holdings Limited (ASX:TAH) to acquire Tatts Group Limited (ASX:TTS). 

    The Tribunal’s reasons for its decision found that the proposed acquisition was likely to result in substantial public benefits and no material detriment.

  • Melbourne reaffirmed as Australia’s cultural capital in BCG report

    Boston Consulting Group's new report has ranked Melbourne as the top cultural destination in Australia, third in the Asia Pacific and twelfth in the world, by a new report.

    The report investigated Melbourne's cultural strengths – from the number of creative events and venues to the number of residents employed in the creative sector – to assess how the city compared locally and globally.


    Video: Melbourne ranked as the top cultural destination in Australia.