Australian businesses overlooking opportunities in Asia
Titled Passing us by, the report included a survey of over 1,000 Australian businesses and highlighted the lack of businesses taking advantage of the opportunities the region has to offer.
Titled Passing us by, the report included a survey of over 1,000 Australian businesses and highlighted the lack of businesses taking advantage of the opportunities the region has to offer.
Australia’s SME exporters are vital drivers of our economic growth, however, they’re not often an overnight success. Creating a successful export operation takes grit, determination and a good deal of careful preparation.
If you’re trading with suppliers in China, taking advantage of the recently unlocked Renminbi currency can help with cash flow, profit margins and negotiating.
The strong Australian dollar, coupled with increased competition, means only 48 percent of exporters expect an increase in profits in the next 12 months.
An Australian start-up is expanding its business overseas, launching its services in New Zealand.
The prospect of internationalisation is intimidating, especially the overwhelming thought of the time and monetary investment needed to expand. However, international expansion can be as straightforward as trialling your product in new regions or delving further into expansion by developing a localised website.
Exporters are growing in confidence despite the high Australian dollar, according to the latest DHL 2012 Export Barometer, with half of all exporters expecting an improvement in company profitability over the next 12 months.
Export doesn’t have to be just about physical products. One Aussie company is showing the world how it’s possible to build a successful company based on the export of ideas. Meet the minds behind Creative Instore Solutions, whose products are encouraging impulse purchases around the world.
The rise of China, the Eurozone crisis and fragility in the U.S. have shifted Australia’s focus away from traditional export markets, so where should exporters seek their fortune? Download this free whitepaper to find out.
Australia likes to think of itself as the food bowl of Asia—or even the world—but there’s so much more to our food industry than container loads of wheat. Technology is giving Australian businesses the edge when it comes to exporting.