Trade Minister, Simon Crean, has announced an expansion of the role of the Export Finance and Insurance Corporation (EFIC).
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EFIC signs agreements with Korean and Thai counterparts
The Export Finance and Insurance Corporation (EFIC) has signed a Reciprocal Reinsurance Agreement with the Korean Export Insurance Corporation (KEIC) and a Memorandum of Cooperation agreement with the Export-Import Bank of Thailand (EXIM Thailand).
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Business looking towards an upturn
According to an industry survey released August 11, one in every six businesses believe an improvement in business conditions was already underway, with well over half of companies expecting the upturn to be well underway by the first quarter of 2010.
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EFIC support for Holden’s export programs
Australia's Export Finance and Insurance Corporation (EFIC) has announced it is supporting the export programs of General Motors Holden (GMH) with a working capital line of credit of up to $200 million.
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New exporters defy the odds
New exporters recorded the greatest increase in orders in the last three months and are almost twice as confident as seasoned exporters of increasing profitability in the next year, the 2009 DHL Export Barometer has found.
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Australian exporter charters new waters
Britton Marine, a Sydney-based exporter specialising in the supply of tactical response vessels to military and law enforcement agencies, has secured additional funding to help it fulfil a US Army contract.
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Using contract bonds to win export contracts
Contract bonds offer SME manufacturers a competitive edge when exporting. Peter Pyrgiotis, Head of Business Development, EFIC, writes.
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Manufacturers still keen on off-shore expansion
DESPITE the global economic downturn, a recent survey reveals Australian manufacturers remain committed to offshore expansion.
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Extra funding raised
Parnell Laboratories, a leading innovator in veterinary pharmaceuticals, has secured additional funding for a new manufacturing facility in Sydney’s inner south to support its growing export business.
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Investment Allowance tax breaks passed
The eagerly awaited Investment Allowance packages have at last passed through both houses of Parliament.
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Prosecutions can be prevented
Recent survey highlights how poor housekeeping correlates to higher Workcover prosecution trends. Ray Schaffer* reports.
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Small businesses now 50% better off
Small business operators were big winners in the Federal budget announced 12 May.
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The 2009 Endeavour Awards Honour Roll
Winners are Grinners - the best of Australian manufacturing was recognised last night at the 2009 Endeavour Award's gala presentation ceremony held in Melbourne.
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Funding in an economic downturn
THE Australian manufacturing industry continues to get a battering, as well as facing major challenges in the wake of a global credit crisis.
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EFIC joins Transparency International Australia
Australia’s export credit agency, EFIC, has become a member of Transparency International Australia.
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Managing your export finance risk
If banks won't come to the party, there are other options.
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Australian companies remain buoyant about overseas expansion
Export Finance and Insurance Corporation (EFIC) has released its latest annual Global Readiness Index, which shows Australian companies remain optimistic about their offshore operations despite the global downturn.
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Bearing up but more support needed
LAUNCESTON car parts manufacturer ACL Bearings says it needs to borrow $8m dollars from the Government to prevent it from closing.
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Boost for start-up companies
Industry minister, Senator Kim Carr, has announced that the Australian Government will provide up to $83 million to early stage start-up companies – who have been starved of funds due to the global financial crisis.
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Government support for your export business
A sound export strategy is essential to driving international growth and there are a range of Government support programmes on offer to help overcome the challenges of the global marketplace.
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