Australia’s share of world foreign investment is increasing off the back of the sustained strength in the dollar and relatively high interest rates.
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Multinational company GE plans to open a state-of-the-art technology and learning centre in Perth, to develop highly skilled staff for rapid-growth oil and gas industries in Australia.
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Freight company Maersk has advised that with closure of the Port of Brisbane export of goods overseas from the port has come to a standstill. General manager of Port of Brisbane operations Peter Kyte has advised port businesses to consider sending home non-essential staff or ceasing operations, according to their risk assessment. The port closed [...]
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As 2010 comes to a close, it’s time to reflect on the events of the year that affected Australian exporters. These five, in no particular order, have been chosen for the breadth of their impact although direct effects on exporters have varied. 1. Indian student attacks Two attacks on Indian students in Melbourne, seemingly racially [...]
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Reading Thomas Friedman’s seminal book The World is Flat should be compulsory for all those aspire to lead our country. It is a book that explains the how, the why and, importantly, the effects of technological change to the world’s economy. Why, with the ubiquitous spread of technology, it doesn’t matter where your business operates. [...]
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Having returned from Sao Paulo and Rio de Janeiro as a leader of our first BRIC+ Study Tour Brazil—the first ever Australian financial services delegation ever to visit the country—I ask myself: “Why it is taking so long for Australia to engage with a market which has as many reasons as we do to call [...]
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In an interview with the BBC, South Africa‘s 2010 Local Organising Committee chairman, Danny Jordaan described the FIFA World Cup as nothing less than an opportunity to “construct a new economic and business environment for the African continent”, using South Africa as a catalyst. Jordaan’s remark truly positions South Africa as the economic gateway to [...]
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The architect of the mining ‘super’ tax, Dr Ken Henry, has attacked claims that Australia was kept from recession due to a resources boom. The Treasury secretary fronted a Senate hearing yesterday, saying “the suggestion that the mining industry kept Australia out of recession is curious to say the least” and said claims were not [...]
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The proposed tax on mining super profits is continuing to attract debate at every level, with Ross Garnaut, treasury secretary Ken Henry, small business minister Craig Emerson and opposition leader Tony Abbott all weighing in. Rudd has proposed the tax, originally suggested in the Henry Tax Review, as a measure to share some of the [...]
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Since the global financial crisis, Canada has been one of the world’s most resilient economies, so how can Australian exporters make the most of our existing links to seek out new opportunities? Canada has long been considered the younger sibling of the USA, adapting some of its ways and relying heavily on bilateral trade. However, [...]
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