The Australian Institute of Export has unveiled a new look and new name. From 25 May, the export body will operate under the title of the Export Council of Australia.
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Executive director of the Export Council of Australia, Ian Murray, said that the budget had nothing of major significance for small business and absolutely nothing specifically for the exporter.
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Australian SMEs have traditionally faced expensive shipping prices, making it tough for them to compete effectively against larger companies when it came to shipping locally and exporting internationally.
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A country risk assessment has placed Australia on ‘negative watch’ as two leading sectors struggle against competitive prices in an already unstable economic climate.
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Australia’s plan for new pathways to global trade has been backed by business groups from G20 countries.
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Parliamentary Secretary for Foreign Affairs Richard Marles will travel to Qatar to promote the benefits of more open trade for developing countries at the United Nations Conference on Trade and Development.
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The Go UK competition has announced three Australian company winners who will receive a support package worth $25,000 to kick start their business in the UK.
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Australia has recorded its first trade deficit in almost a year in January.
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Australia’s total trade in services grew 2.4 percent to $107.9 billion in 2011, a recent report has revealed.
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