Rate cut means better international competitiveness for Australian exporters
Australian exporters will be putting up a fair fight on the world stage as our competitive edge shifts after RBAs 0.25 percent rate cut and a falling Australian dollar. Its welcome news with many industry sectors set to benefit says the Export Council of Australia. It will take some time to realise the benefits for those exporters who have hedged forward, however it is sure to instil more confidence and interest across a range of export sectors, for mining, agribusiness, and manufacturing, and for services like inbound students and tourism for example.
Full Support As Australian Business Set to Benefit from EMDG Review
The Export Council of Australia (ECA) fully supports the recommendations outlined today in the 2015 Review of the Export Market Development Grants (EMDG) scheme. Tabled in Parliament by Trade and Investment Minister Andrew Robb AO MP, the review concluded that the EMDG grants helped exporters create, develop and expand their markets overseas, something that the ECA has been championing on behalf of exporters for a number of years. There is a strong rationale and support for the EMDG scheme, which helps explain its existence for over 40-years despite significant changes to the political and economic landscape over that period.
Call for Trade Policy Recommendations to improve Australian export and import
Australian companies are positioned well to succeed in international markets due to the low Australian dollar and the multiple liberalising agreements reached with key trade partners although more can be done to ensure businesses are equipped to take advantage of new market opportunities says the Export Council of Australia (ECA). The ECA is today releasing its third annual Trade Policy Recommendations, which build on its 2013 and 2014 recommendations, as well as address issues critical to the G20 - particularly the B20 Trade Taskforce - and the Government’s recent inquiries into services exports and businesses’ utilisation of Free Trade Agreements (FTAs).
Hightech tariff elimination aligns with innovation statement
Eliminating tariffs on high-tech goods imported into Australia will encourage greater trade services in the Information Communication Technology (ICT) sector and therefore lead to higher employment levels, higher incomes, and higher standards of living says the Export Council of Australia. Chief Executive Officer Lisa McAuley says the agreement reached by the World Trade Organization (WTO) overnight in Nairobi is an absolutely fantastic step in the right direction and also aligns Australia’s recent “ideas boom” agenda to global trade opportunities.
Queensland companies announced as national winners
The Export Council of Australia (ECA) would like to congratulate the Queensland exporting businesses announced as National winners at the 53rd Australia Export Awards in Melbourne last night. Vying for one of 12 industry specific category awards all state and territory winners went on to compete for the top accolade - the prestigious Australian Exporter of the Year.
New South Wales companies announced as national winners
The Export Council of Australia (ECA) would like to congratulate the New South Wales exporting businesses announced as National winners at the 53rd Australia Export Awards in Melbourne last week. Vying for one of 12 industry specific category awards all state and territory winners went on to compete for the top accolade - the prestigious Australian Exporter of the Year.
Export Council of Australia launches Demystifying Korea Report
The Export Council of Australia (ECA), with partners the Australia-Korea Foundation and Austrade, is proud to launch our Demystifying Korea report – a project that examines service sector opportunity in Korea in light of the liberalisation introduced by the Korea-Australia Free Trade Agreement (KAFTA).
ECA welcomes Trans-Pacific Partnership Agreement Text
The Export Council of Australia (ECA) welcomes the release of the text for the Trans-Pacific Partnership Agreement (TPP). Upon entering into force this agreement, combined with Australia’s recent North Asia trade agreements, will create important new opportunities for companies. Chief Executive Officer of the ECA Lisa McAuley says the agreement, which involves 12 Pacific Rim countries that range in size and level of economic development, covers a variety of matters across goods, services and investment.
Education is vital for exporter success
The Export Council of Australia (ECA) is pleased the benefits from the China Australia Free Trade Agreement (CHAFTA) will commence, just in time for Christmas, and result in a significant economic boost for Australian exporters. CHAFTA entering into force will mean the government has completed a victorious year with a trifecta of deals closing Japan, Korea, and China, which account for 49 per cent of Australian exports.
Foreign Investment to help create level playing field for Global Trade
Australia is to help to create prosperity through socioeconomic development by supporting developing countries to better capitalise on global trade says the Export Council of Australia (ECA). Today’s announcement of Australia contributing $6 million to support developing countries will not only help reduce poverty and build resilience but will also greatly assist Australian companies by providing more opportunities for global trade.
Research is vital in understanding Australia’s International Business Activity
One of Australia’s most comprehensive investigations into Australian international business practice enters its third year. The results from the survey will ultimately provide fundamental support for advancing Australia’s trade agenda says the Export Council of Australia (ECA). The Australian International Business Survey (AIBS), initiated by the Export Council of Australia and partners Austrade, Efic, and the University of Sydney, was established in 2014 due to a lack of research on international trade activity in Australia.
The voice for exporting releases Trade Policy Recommendations- calling for government to do more
Increasing trade and investment is absolutely crucial to unlocking Australia’s future economic growth and our Government must do more to facilitate and promote trade as Australia continues to lag behind its international competitors says the Export Council of Australia (ECA). The Export Council of Australia today released its second annual Trade Policy Recommendations (TPR) to Government. The ECA hopes the 2014/15 TPR will help emphasise the need for a stronger, more competitive economy that enables growth, for which trade and investment are crucial.
The Export Council to launch ‘Export to Indonesia’ project
Australia’s export community is set to benefit as a new export capability development project gains funding through the Asian Business Engagement Plan. Targeted at businesses with a strong interest in exporting to Indonesia, the project will take businesses through a step-by-step program designed to equip them with the skills and knowledge they need to succeed in the market, says the Export Council of Australia.
Education on cultural barriers is vital for India FTA
A Free Trade Agreement (FTA) between Australia and India will be another feather in the cap for the Australian Government - building on the recently secured trifecta of trade agreements with Korea, Japan and China. However, with more than (80 per cent) of exporters regarding India as “more to much more difficult” to do business with than Australia – education and ongoing government support is an absolute must for exporters that want to succeed in this market says the Export Council of Australia.
Aggressive trade agenda gains strong support
Joining the World Trade Organisation Agreement (WTO) on Government Procurement (GPA) is a real triumph for Australian exporters as it provides guaranteed access to 43 WTO member’s government procurement markets, estimated to be worth more than US$1.7 trillion says the Export Council of Australia. And the timing is right as GPA coverage is expected to expand significantly with countries including China, whose total government procurement market is estimated to be worth $1.5 trillion, expected to join in the near future.
Japan FTA: big tick for exporters but work still needs to be done
Domestic barriers must be addressed to ensure Australian producers can take full advantage of the Free Trade Agreement between Australia and Japan says the Export Council of Australia.The conclusion of the Japan FTA represents a significant milestone in trade liberalisation and a major opportunity for bilateral trade. This is a very important and strategic moment in Australian trade as Japan has been a major trading partner for a considerable time, only recently eclipsed by China.
Export Market Development Grant Review in Good Hands
Minister for Trade and Investment Andrew Robb’s announcement to appoint former CEO of Zip Industries Mr Michael Lee to undertake the Export Market Development Grants (EMDG) scheme is welcome news, says the Export Council of Australia (ECA). The ECA fully supports continuation of the EDMG assistance program, and the announcement in March to boost funding by $50 million, over the next 4 years, to help small and medium sized businesses reach their export potential.
China deal closes off the promised trifecta
Australian exporters are set to benefit from an historic trade agreement signed today between Australia and its largest trading partner, China. The deal, which took a decade of negotiation, represents a victory for bi-lateral trade and an expansion of the economic relationship beyond minerals and resources says the Export Council of Australia.
New trade advisory board to help top export target market
The Export Council of Australia (ECA) would like to congratulate The American Chamber of Commerce (AmCham) on the recent appointment of their Trade Advisory Board. This announcement secures AmCham’s commitment to International Trade and plans to deliver a robust support mechanism for Australian exporters through regular meetings, events, and briefings on good investment decisions between the United States and Australia.
Budget cuts may stunt Australia's growth opportunities
International trade is a key driver for Australia’s future economic growth and must be supported by Government if we want to take full advantage of the recently negotiated trade agreements. Our competitors are ramping up to take advantage of global opportunities and this could be of great detriment to our future growth says Export Council of Australia.
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VEKTA Advanced Automation
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"In 2014 Vekta Automation became involved in the Export Awards and started to get a better understanding about the role of the Export Council of Australia. After attending a seminar in Perth in February 2019 the decision was instantly made and we signed up the next day. A decision we should have made 5 years earlier. For Vekta, the information, expertise and networking opportunities that the ECA provides has been valuable. It is reassuring knowing that there are experienced and knowledgeable people we can turn to when advice is needed."
Established in 1970, Mavlab Animal Health Pty Ltd is a Queensland based, family-owned, GMP licenced manufacturer of veterinary pharmaceuticals and pet care products. Mavlab has an extensive range of prescription and over the counter products sold in a growing number of global markets. Contract manufacturing opportunities are also available.