Trade system and the digital economy—2017 inquiry
Services are becoming digitised, and 3D printing, Industry 4.0 and other emerging technologies will see the same thing happen to goods.
As goods and services are digitised, it is essential that governments keep up. They must understand new trading methods and the value traded through those methods.
Technology is also enabling new products and services. Business models that were until recently impossible are now mainstream. But policies and regulations have failed to adapt. International trading rules remain geared towards traditional goods exports, with no effective regime to govern digital trade.
Regulators are struggling to find the right balance in response to digital trade: in some instances, they are stifling innovation and competition, in others they are failing to protect consumers.
Leandra Coffey, Director, Fruity Sacks
Member of the ECA
“Our business is about making it easy for people to make environmentally friendly choices. We are looking to expand into new overseas markets and the ECA have been a huge help in this endeavour. The ECA have given us introductions to key businesses that can help us in the markets we are looking at, and their workshops and seminars on topics relevant to exporting were extremely useful. All up, our association with the ECA has been a great asset to Fruity Sacks.”Become a Member
Nuix is the 2015 Premier's NSW Exporter of the Year. As a technology company that protects, informs and empowers society. Nuix has more than 1,500 customers in over 60 countries, including all major global regulatory agencies, leading security and law enforcement agencies, all tier one advisory and litigation support vendors, and many of the world's leading financial institutions, corporations and government departments.