Growth | Import | Export
Australian MiMedia Holdings Melbourne has signed a license agreement for its new internet radio application miRoamer with Pearl Group India, establishing a joint venture for India, Sri Lanka and Bangladesh.
The Australian dollar has broken US98c, trading at US$0.9845 after the Australian Bureau of Statistics revealed strong employment numbers for the month of September this morning.
Securency, the Reserve Bank of Australia subsidiary that sells Australia’s polymer note currency system to the world has seen the RBA raided as part of an international investegation into alleged corruption and bribery involving Securency.
The Aussie dollar continues to surge towards parity with the US dollar, reaching US97.3c overnight and hitting parity with the Canadian dollar, affectionately known as the ‘loonie’.
Tourism Queensland has launched a new international brand ‘Queensland, Where Australia Shines’, the state’s first global tourism brand on the back of the successful ‘Best Job in the World’ campaign which attracted international attention.
South Australia’s top intrastate tourist provider, the SeaLink Travel Group has appointed Cassie Byrne in its Trade Business Development Unit as new Business Development Executive.
Export Finance and Insurance Corporation (EFIC), the Australian Government’s export credit agency, has provided working capital support to Urban Art Projects (UAP), the Brisbane-based exporter that won the contract to design and fabricate major sculptures for the main entrances to Shanghai World Expo 2010.
New vehicle sales were up 9.3 percent in July on the back of a 29 percent increase in sales of SUVs and strong private buyer demand according to the latest VFACTS data.
Furnitex 2010 and Decoration + Design expo’s attracted record numbers of visitors this year, with visitor numbers up 13 percent since last year.
Windowlogic through the launch of CRM4Legal and Logic4Outlook is allowing Australian law firms to access key business system information from a single interface.
Merchandise imports for June were up 4 percent to $17,911 million, an increase of $621 million on May, but is unlikely to impact the RBA’s decision on rates in August.
Singapore based ComfortDelGro Corporation has made a $38.8 million (S$46.8 million) takeover bid for Perth’s largest taxi company Swan Taxis Limited.
Low cost carrier Jetstar is taking the fight to rivals Virgin Blue and Air New Zealand by increasing the number flights between Queenstown and both Melbourne and the Gold Coast.
Iconic Australian surf fashion brand Billabong has agreed to buy Californian ‘progressive apparel brand’ RVCA, and plans to add Canadian brand West49 to Billabong’s collection.
Australian SMB’s are among the most prolific in the world when it comes to sourcing products and services internationally according to data from Alibaba.com.
Accounting and business advisory firm, Hall Chadwick, has established a link with China’s biggest domestically owned accounting firm, ShineWing Certified Public Accountants.
With BHP Billiton, Rio Tinto and Xstrata forcing Julia Gillard to bend to their RSPT demands, the Government will halve proposed Company Tax for business.
BHP Billiton, Rio Tinto and Xstrata as well as the Australian Workers Union (AWU) are pleased with plans to replace the Resource Super Profits Tax with a Mineral Resource Rent Tax (MRRT).
The Resource Super Profits Tax will now be known as the Minerals Resource Rent Tax, in a compromise between Julia Gillard’s, Federal Government and the miners.
Treasurer Wayne Swan has been forced to defend the Labor Party’s moves to oust former Prime Minister Kevin Rudd through caucus dealing at the G20 conference in Toronto, Canada.
