The Australian economy grew by 1.2 percent in the June quarter, with growth through the year to June at 3.3 percent in figures released today by the ABS, placing pressure on the RBA to increase interest rates before the end of the year.
Retail trade continued to improve in July, with ABS Retail Trade figures up 0.7 percent in July, seasonally adjusted in addition to Australia’s Current Account Deficit shrinking on the back of an increase in exports.
Joe Hockey insists that Labor’s Resource Super Profits Tax has caused the AU$ to collapse despite Kevin Rudd instead blaming the Liberal Party’s negative talk for the fall.
Global trade will fall by nine percent this year, according to World Trade Organization (WTO) forecasts, the biggest decline since World War II. Considering that in 2007 trade grew by six percent, the 2009 figures represent a significant fall and have sparked fears of protectionism, initially brought on by the possibility that the US stimulus […]
With increasing interest rates, fluctuating petrol prices, drought, lagging trade payments, and the credit crunch, planning for business challenges is a must for SME survival. Here’s your guide to expected business hardships, together with some expert advice to ease business conditions. Blow after blow has been dealt to SMEs, everything from a strengthening Aussie dollar, […]
Under Kevin Rudd’s leadership, trade with China will open up exciting opportunities for Australian exporters. But you will still need to do your homework, before exporting to China, to make the right connections. Rudd brings a level of expertise to engagement with China that is unmatched by any previous Australian leader. He has not only […]
By value, the Pan Asian e-commerce Alliance (PAA) member economies account for more than 50 percent of Australia’s exports and imports. Now Tradegate, a supplier of online services to exporters and importers, has become an associate member of the PAA, in an attempt to ease exporting. “Tradegate will be able to provide its members and […]
Times are changing in Indonesia, bringing fresh trade and export opportunities. It’s time to ignore the negative stereotypes of the past and realise the potential of the Australia–Indonesia export relationship. Exporters need to avoid the impression that Indonesia and Australia are just like a couple of bad-tempered neighbours, yelling at each other over the back fence […]
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