Members-only luncheon with Jason Clare
On 11 December, the ECA held a members-only luncheon roundtable with Jason Clare, Labor’s Shadow Minister for Trade and Investment.
At the luncheon, Jason gave a great insight into how, if elected, Labor would work to maintain and build Australia’s free-trade consensus. He also spoke
about some of Labor’s policies for growing exports, such as increasing Asia-literacy with businesses, addressing non-tariff measures and improving
consultation around FTAs.
Members highlighted the issues that were front-of-mind for them, such as EMDG, the R&D Tax Concession, the complexities around export documentation
and difficulties of obtaining visas (for both talent and inbound buyers).
A big thank you to HSBC for hosting the event.
TPP-11 goes live on 30 December
The TPP-11 finally enters into force on 30 December 2018 for Australia, Canada, Japan, Mexico, New Zealand and Singapore.
There will be one round of tariff cuts on that day, then another on 1 January 2019 (for the countries listed above except Japan, which cuts its tariffs
on 1 April 2019).
The ECA has released two members-only webinars: one to help you use FTAs (and in the case of multiple FTAs, which one to choose), and one overviewing the
benefits of the TPP-11, including services and trade facilitation. If you are an ECA Member, simply login to the Member portal to watch these webinars.
Preparing for a no-deal Brexit
With little more than three months to go until the United Kingdom is set to leave the European Union, all options are still on the table: ranging from
a no-deal (or ‘hard’) Brexit, to no Brexit at all.
Given the uncertainty, if you import or export to the UK and/or the Europan Union, start thinking about how a hard Brexit will affect you. For goods exporters
particularly, think about how major delays at the UK border and additional supply chain costs will affect your businesses.
We recommend talking to your trading partners in the UK & EU about what they consider the implications to be, and what they are doing to prepare.
Air cargo security
If you export goods via air cargo, be aware that security requirements will change from 1 March 2019. All air cargo, regardless of destination, wil need
to be examined at piece-level or originate from a Known Consignor.
These changes could cause delays, increase costs and require your goods to be repacked.
Please talk to your air cargo freight and logistics providers about how they are preparing for these changes.
The Department of Home Affairs has written this letter
The ECA is proud to be a member of the working group behind the Government’s recently-announced Non-Tariff Barrier Action Plan.
When Australian businesses confront a non-tariff barrier, the plan will make it easier for businesses to access the help they need, improve collaboration
between government and industry, and increase transparency of processes and information
Non-tariff barriers are 'red tape' or trade rules that unjustifiably restrict the flow of goods and services. Click here
to find out more or report a non-tarriff barrier.
The ECA is working with other industry associations in response to the Government’s planned Biosecurity levy. The levy will significantly increase the
biosecurity charges on all imports into Australia—which, in turn, will increase the costs of production for exports.