Growth | Import | Export
There’s no going back. From big data to big decisions, artificial intelligence and automation, to explosions in technology and in choice, Australian businesses have a decision to make – disrupt or be disrupted. While the term ‘disruption’ has become commonplace in workplaces across the country, we can’t ignore the fact that where we were yesterday […]
Business is good: that thought is music to the ears of many business owners. When things are going right, it’s hard to ignore the money rolling in hand over fist. Yet, just because a business has tasted a modicum of success, this does not mean that it is time to relax. When a business is […]
Australia’s small business exporters are concerned about accessing finance for their export journey. This isn’t a new concern, but it is one that can be addressed. This article outlines some of the perceptions of, and challenges in, accessing export finance, as well as the ways that Australian small businesses are overcoming this challenge. Access to finance […]
Thinking about starting up a rental business? Running a business that rents equipment rather than selling it has definite advantages. One of the more appealing aspects of renting out equipment is the potential for financial gain. But like most things, along with the positives comes some less desirable factors to consider before deciding to rent […]
Australia’s female entrepreneurs are facing key barriers when it comes to realising their ambitions for business growth, EY has found. The global professional services organisation conducted a survey of 143 female entrepreneurs as part of its Entrepreneurial Winning Women™ (EWW) Asia-Pacific program, which assists female-led businesses to become global market leaders. An overwhelming majority (90%) […]
Technology is transforming the way we do business. Retailers are not immune to this trend and are increasingly looking to technology to connect with customers. At the same time, in an increasingly digitised and convenience-focused world, businesses need to maintain a personal touch to set themselves apart. For many small fashion retailers, the key […]
Australia’s small business exporters have three things in common: they are optimistic, they are confident and most importantly, they are innovative. When this translates to the international market through exporting, these traits are even more important to success. As small and medium enterprises (SME) move into the global marketplace, they have the opportunity to learn […]
An increasingly favourable Indonesian investment climate offers growth opportunities for Australian exporters, according to new analysis from Efic. Jokowi’s reform drive buoys Indonesia’s investment climate Indonesia’s investment climate has benefited from 11 wide-ranging reform packages introduced by the government since September 2015. “This renewed reformist zeal has boosted market sentiment and will aid new efforts […]
When planning for growth, one thing that often keeps business owners up at night is the question, “When is the right time to hire new staff?” Do you wait until you land that big new contract and then hire the staff you need? Or, do you take the risk and hire the staff first, so […]
For some businesses, expanding overseas is considered a vital component to their growth strategy. And it’s not hard to understand why. After all, they’re opening the door to a new [and often much larger] pool of customers and revenue. But if only it were that simple. Sure – the sky is the limit where those […]
“The biggest mistakes that tech startups make is trying to reinvent the wheel.” (Andrew Bosworth, Global Director of Engineering, Facebook) Ever spent time building a product or tool only to find it already exists? Was it because you didn’t seek out, or have access to guidance and advice? Reinventing the wheel in this way is […]
Choosing an office space for your business is not only a huge decision, since the place where you conduct everyday affairs leaves a strong impression, but it’s also complicated. You’ll need to take into consideration proximity to transportation, what your budget will accommodate for rent, and what size space you’ll require. However, if you remain […]
It’s an exciting time to be a small business involved in exporting. With the weaker AUD boosting Australia’s international competiveness in many industries outside of mining, and a host of new free trade agreements opening up entry into foreign markets, there are many great opportunities for small and medium-sized enterprises (SMEs) thinking about expanding overseas. […]
After a year in which the world economy experienced heightened volatility and global growth slowed, there has been a positive shift in opportunities ahead for SME exporters. Trade is still growing, albeit at a slower pace than before the global financial crisis (GFC). After relatively modest growth of 2.6 per cent last year, Efic expects […]
Any traveller will appreciate what ‘culture shock’ feels like; that moment when we first set foot in an unfamiliar civilisation and realisation suddenly strikes: Our understanding of social cues, customs, behaviour, and communication have suddenly become defunct. These are our social navigation tools – tools we take for granted – until they’re no longer there […]
Recently, animal rights activists in Australia have been campaigning against the Australian import of Livestock claiming that the industry is not legal and legitimate. They are also claiming the Livestock industry is not meeting animal welfare interests. In February, the livestock industry has responded saying that it is not only legal and legitimate; they are also […]
Some businesses rise and fall on the backs of trucks. Whether you’re shipping or receiving products of your own, on behalf of other businesses or need a truck to help you ply your trade (concrete mixers or cranes for example) it pays to get a great deal on truck finance. Here are top 5 tips […]
The Australian Chamber of Commerce and Industry has said the Labor Party needs to declare its support for the China-Australia Free Trade Agreement (ChAFTA) in order to deliver certainty to Australian exporters seeking to use the improved trade arrangements to create jobs at home. Kate Carnell AO, CEO of the Australian Chamber, said the parliamentary […]
In celebration of 70 years of diplomatic ties since 1945 and to promote continued cooperation for trade and investment, September will be known as ‘the month of Brazil’ in Australia. Australia and Brazil, the Southern Hemisphere’s two largest economies, have shared a strong bilateral relationship that has in recent years become an even more important […]
As the mining boom continues to lose pace, Australia’s trade and investment profile is changing. While the growth of our commodities sector may have diminished, other sectors are performing well as demand for Australian products and services overseas is strong and, in many sectors, growing. Against this background, there are a number of opportunities for […]
