Australia- Business News and Updates


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How is Fintech Changing Australia’s Financial Sector?

How is Fintech Changing Australia’s Financial Sector?

Over the past 4 years, Australia’s financial sector has been characterized by substantial development in fintech. Fintech, a combination of “financial technology”, refers to the use of innovative technology to offer financial services and improve their delivery. Using specialized software and algorithms, fintech transforms the way people manage their financial operations and processes. Australia's fintech ecosystem has matured, become profitable, and positioned itself globally. In this...

Perceptions of Doing Business in Latin America: Cautious Optimism For Future Growth and Opportunities

Perceptions of Doing Business in Latin America: Cautious Optimism For Future Growth and Opportunities

In June 2020, the Biz Latin Hub team launched a survey asking for information about individuals’ perceptions about doing business in Latin America. In June 2020, the Biz Latin Hub team launched a survey asking for information about individuals’ perceptions about doing business in Latin America. We received a range of responses from 75 business owners, executives, government officials and other specialists operating in over 40 countries worldwide. 57.3% of respondents are considering expanding...

Why Get an Entity Health Check in Australia?

Why Get an Entity Health Check in Australia?

Getting an entity health check in Australia is a vital step before incorporating a company in the country.  As it becomes an exciting destination for foreign investors, Australia offers a favorable business environment, promoted by a dynamic and competitive economy. Thus, an entity health check will allow you to access critical information to understand the risks and opportunities when doing business in Australia.  In this article, we will explain what an entity health check is and...

‘New Deal’ Plan Promotes Australian Manufacturing Sector

‘New Deal’ Plan Promotes Australian Manufacturing Sector

In June 2020, communities in the Australian manufacturing sector published the ‘New Deal for Manufacturing’ plan to support growth and innovation. Academics, industry experts and other actors in the sector contributed to what is considered a request for support from state and national governments. The plan comes ahead of a projected recession – the first the country has seen in nearly 3 decades – as a result of measures taken to counter the spread of COVID-19. Find out key elements of the New...

Survey: Help Us Understand Current Attitudes on Doing Business in Latin America

Survey: Help Us Understand Current Attitudes on Doing Business in Latin America

Take our short survey and share your perceptions about the current and future outlook for doing business in Latin America: Perceptions of doing business in Latin America | Hacer negocios en América Latina We are seeking to understand general attitudes about working or doing business in Latin America, and understand what individuals and companies may be planning for the future. We are seeking to understand general attitudes about working or doing business in Latin America, and understand what...

Overview: Growth of Insurtech in Australia

Overview: Growth of Insurtech in Australia

Gain insight into the developments underway in the insurtech world in Australia. “Insurtech is creating new pathways in an old industry. It’s the most exciting industry in the world today,” says Laura Dabrik, Chief Evangelist at Guidewire Software. “Right now, insurance is on the cusp of large-scale change”.  Insurtech companies in Australia are looking for ways to streamline operations and make communication more efficient using digital technology. Companies using insurtech in Australia...

Australia and New Zealand’s Economic Packages to Support Business

Australia and New Zealand’s Economic Packages to Support Business

Find out about Australia and New Zealand's economic packages to support business for local companies. Like many countries. these South Pacific Island nations have taken measures against COVID-19. Strict social distancing measures in place across the world can impact business activity quite significantly, as many are unable to operate, or are operating at a reduced capacity. The global economic situation has changed, and businesses may struggle to stay afloat.Australia and New Zealand are...

Overview of the Nice Classification System for Trademarks

Overview of the Nice Classification System for Trademarks

The Nice International Classification System for trademarks was established by the Nice Agreement as an international classification for both goods and services when registering trademarks. When planning a market entry strategy into Latin America, many miss the opportunity to use trademark services and and the protection they grant.  Trademark services in Latin America are an excellent and highly recommended way to shield and protect your investment and intellectual property in Latin...

Use PEO Services in Latin America to Continue Business During Restricted Travel Periods

Use PEO Services in Latin America to Continue Business During Restricted Travel Periods

Businesses may consider utilizing PEO services in Latin America to support their business continuity planning. Like many countries, Latin American governments are currently placing restrictions on travel and commercial activity as part of their measures to counter the spread of coronavirus, or COVID-19. Economies worldwide - and the businesses within them - are experiencing varying effects on their commercial activity from these restrictions. The short and medium-term future for businesses may...

Overview of India-Australia Business Activity

Overview of India-Australia Business Activity

Business activity between India and Australia is becoming more important and relevant for both countries. India was Australia’s eighth-largest trading partner and fifth-largest export market in 2018-19. This was mainly driven by coal and international education.  Two-way goods and services trade with India was US$30.3 billion in 2018-19. The level of two-way investment was US$30.7 billion in 2018. Australia has an ambitious agenda to broaden trade and economic relationship, as stated in...

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