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Trade

Manufacturing News

Trade surplus confirmed for 2019

Australia has posted a trade surplus of $67.6 billion for the 2019 calendar year, according to data released by the Australian Bureau of Statistics on Thursday, with the value of exported manufactured
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Tajna BiscevicFebruary 7, 2020, 9:21 amFebruary 7, 2020 0 197
Manufacturing News

Australia, Japan commit to hydrogen cooperation

Australia and Japan will cooperate to deploy hydrogen power, after signing a joint statement in Melbourne on Friday. “Australia is building a hydrogen production base to foster domestic growth and meet
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Tajna BiscevicJanuary 14, 2020, 9:27 amJanuary 14, 2020 0 220
Manufacturing News

Chinese PMI indicates global growth

Chinese manufacturing has risen across the sector in November. In data released by the Caixin Insight Group and IHS Markit, the aggregate purchasing managers’ index rose at the fastest pace since December
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connor.pearce@primecreative.com.auDecember 9, 2019, 8:45 amDecember 9, 2019 0 193
Manufacturing News

NSW looks to global investment in advanced manufacturing

The NSW government, in launching its international investment strategy, pointed to the state’s capabilities in advanced manufacturing. Named Global NSW, the strategy hopes to attract investment into
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connor.pearce@primecreative.com.auDecember 6, 2019, 8:05 amDecember 6, 2019 0 192
Manufacturing News

Opportunity for Australian manufacturers to be tested in US

Austrade will support Australian manufacturers who wish to sell into the US defence market. Describing the market as “the world’s largest”, Austrade also highlighted that is a highly competitive
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connor.pearce@primecreative.com.auNovember 11, 2019, 8:15 amNovember 11, 2019 0 214
Manufacturing News

NSW connects with Chinese manufacturing hub

A delegation from the centre of the Chinese manufacturing industry have visited NSW, with the aim to strengthen connections between the region and Australian businesses. In partnership with Austrade, one
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connor.pearce@primecreative.com.auNovember 6, 2019, 7:51 amNovember 6, 2019 0 239
Manufacturing News

Australia bucks global manufacturing downturn

The International Monetary Fund (IMF) has released a dreary global outlook for the world economy, and the fate of manufacturing lies at the heart of future projections. Noting that slowdowns in manufacturing
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connor.pearce@primecreative.com.auOctober 18, 2019, 8:34 amOctober 18, 2019 0 166
Manufacturing News

Export program under review

The Australian federal government will conduct a review into the Export Market Development Grants (EMDG) to grow the total value of Australian exports. Targeted at SMEs, the grants provide financial assistance
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connor.pearce@primecreative.com.auOctober 17, 2019, 8:30 amOctober 16, 2019 0 208
Manufacturing News

Australia lands 8th in the WorldSkills competition

Australia’s trainees and apprentices took their skills to the world’s best this August at the WorldSkills Competition. Placing eighth overall, the team of 15 made up one of 66 national teams that competed
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connor.pearce@primecreative.com.auSeptember 3, 2019, 9:51 amSeptember 3, 2019 0 216
Manufacturing News

Strategy enables biotech partnerships between Australia and Korea

Greater opportunities for collaboration between Australian manufacturers and Korean health professionals have opened up, thanks to the South Korean “Innovative Strategy on the Bio-healthy Industry”. The
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connor.pearce@primecreative.com.auJuly 24, 2019, 8:58 amJuly 24, 2019 0 212
Manufacturing News

A new representative for Queensland manufacturers in Hong Kong

The Queensland government has appointed Julia Herries as the Queensland Trade and Investment Commissioner – Hong Kong. Herries will be the conduit for Queensland businesses seeking to trade with Hong
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connor.pearce@primecreative.com.auJuly 23, 2019, 9:40 amJuly 23, 2019 0 198
Manufacturing News

Ai Group joins call for stable international trade regime

In collaboration with the national industry associations of G20 countries, the Australian Industry Group (Ai Group) has called for action to confront the dissolution of the World Trade Organisation (WTO)
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connor.pearce@primecreative.com.auJune 28, 2019, 9:30 amJune 28, 2019 0 186
Manufacturing News

Federal government agency steps up support for medical manufacturing

The Australian Trade and Investment Commission (Austrade) is seeking to showcase the potential of medical manufacturing in Australia to inspire international investment. Launching a new digital health
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connor.pearce@primecreative.com.auJune 26, 2019, 12:14 pmJune 26, 2019 0 154
Manufacturing News

Queensland launches new India trade and investment strategy

The Queensland Government’s first official Queensland-India Trade and Investment Strategy launched today is set to deliver a $1.5 billion trade boost to the state’s economy. The state minister for
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Tara HamidNovember 29, 2018, 10:36 amNovember 29, 2018 0 201
Manufacturing News

Australia concludes free trade deal talks with Hong Kong

The federal government has concluded negotiations with Hong Kong on the Australia-Hong Kong Free Trade Agreement (FTA), with the deal to come into force next year. The conclusion of the agreement with
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Staff WriterNovember 16, 2018, 11:13 amMarch 24, 2020 0 242
Manufacturing News

Australia officially ratifies TPP-11 trade deal

Australia has ratified the Trans-Pacific Partnership (TPP-11) trade agreement, making it the sixth country to officially join the historic deal. With six countries now having ratified the agreement, the
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David LoneraganOctober 31, 2018, 9:57 amOctober 31, 2018 0 185
Manufacturing News

Australia accepted into WTO government procurement agreement

Australia has been accepted to join the World Trade Organisation (WTO) Agreement on Government Procurement (GPA), following three years of negotiation. A plurilateral agreement within the framework of
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David LoneraganOctober 19, 2018, 10:29 amOctober 19, 2018 0 234
Manufacturing News

TPP-11 passes federal parliament

The Trans-Pacific Partnership (TPP-11) has passed parliament, making Australia the fourth nation to ratify the global trade agreement involving 10 other countries. On Wednesday, Labor voted with the government
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David LoneraganOctober 18, 2018, 11:12 amOctober 19, 2018 0 181
Manufacturing News

IMF downgrades growth forecast in wake of escalating trade tensions

The International Monetary Fund (IMF) has forecast that Australia will slip to 2.8 per cent growth next year, down from an expected peak of 3.2 per cent this year, due to the impact of the continued US-China
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David LoneraganOctober 10, 2018, 10:11 amOctober 10, 2018 0 185
Manufacturing News

Victoria releases Southeast Asia trade and investment strategy

The Victorian government has released its strategy to help local companies access Southeast Asian markets and increase trade and investment in the growing region. Called Globally Connected, the government’s
Read More
Staff WriterSeptember 12, 2018, 12:03 pmSeptember 12, 2018 0 238

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