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Results from Tourism Research Australia’s International Visitor Survey has shown a solid recovery in international visitor numbers to Australia with the March quarter showing a rise of six percent rise compared with last year. The number of nights that tourists stayed also rose by eight percent, and visitor expenditure increased by three percent compared with [...]
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Tourism Australia’s ‘There’s Nothing Like Australia’ campaign has received positive feedback from potential visitors overseas with data from online monitoring firm Webtrends showing that 70 percent of social media feedback was by people who liked it. Despite being accused of too stereotyped and dated, the campaign had a 64 percent positive response rate from the [...]
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English is the chosen language of the European Union and the most popular second language for those whose first language is not English. It has also become the language of business, according to technology company GlobalEnglish. “The whole notion of being an American company or a French company is no longer the case. You are [...]
...read moreSoftware exporters QSR International have announced a funding pool of more than $40,000 to go towards six grants to academics teaching qualitative research methods in universities in the USA, Canada and the Asia-Pacific region. The grants are to be put towards QSR’s flagship product, NVivo 8 or NVivo 9 software licenses, NVivo training workbooks and [...]
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Economic recovery in the USA yields plenty of opportunity to Australia exporters, according to Austrade’s regional director for the Americas, Grame Barty. “It’s not only the scale of the relationship which makes the US important, but also the range of sectors it encompasses and the depth of the integration of our commercial links,” said Barty. [...]
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Economists that have long criticised China’s fixed currency for offering the export-oriented economy an unfair trade advantage are now saying a floating Chinese currency could hurt the US economy. Justin Yifu Lin, Chinese national and chief economist at the World Bank, has told students that if China were to revalue its currency at its true [...]
...read moreWorld Trade Organisation chief Pascal Lamy has forecast a rise for world trade of around 9.5 percent this year, following last year’s slump of 12 percent. The WTO director-general is adamant that WTO members are unwilling to “turn their backs on policies that helped integrate them into the world economy”, but called on the USA [...]
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Export has become a “sacrificial lamb” for the Federal Government’s plan to push the public coffers back into surplus, according to Ian Murray, executive director of the Australian Institute of Export. While he applauded the Federal Government’s forecast to be in the black earlier than expected, but making exporters pay was a highly risky way [...]
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While Australia escaped the worst of the global financial crisis, there’s no doubt that a number of our destination markets were badly affected by the downturn. Fortunately, there were a number of exporters that not only survived, but also thrived in this period. Liquid gold Of all the industries to suffer during the global economic [...]
...read moreUS ambassador to the World Trade Organisation Michael Punke said it was vital for for China, India and Brazil to step up to their responsibilities as major world economic players to achieve a breakthrough in the Doha Round of trade negotiations. Stalled since last year, the Doha Round talks stumbled over issues such as agriculture [...]
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