Australia- Business News and Updates


Legal updates and changes, regulatory updates, industry reviews, legal advice, accounting advice, Q&A with experts, and more.

How Businesses Can Sell on Amazon Australia

How Businesses Can Sell on Amazon Australia

Amazon has come a long way. The e-commerce platform operates in 14 worldwide marketplaces and has become one of the world's largest online retailers. In December 2017, Amazon was launched in Australia and became one of the most used e-commerce platforms in the country. Amazon's success in Australia owes in large part to increased online shopping, population growth and the country's isolated geographic location. Currently, this multi-billion dollar business now has two warehouses in Australia....

How is Australia’s Open Banking Regime Changing the Financial Landscape?

How is Australia’s Open Banking Regime Changing the Financial Landscape?

Australia has and continues to be an extremely friendly environment for foreign companies looking to expand in the country. In fact, a 2019 World Bank Survey places Australia as one of the friendliest countries in the world to do business. Currently, Australia's new open banking regime only adds to the attractiveness of the country. Australia's legal frameworks, regulations and institutions provide a friendly environment for foreign investment particularly for access to credit and monetary...

Nicholas Baker, Trade Commissioner & Counsellor Commercial at Austrade, Shares Insights on Australian Trade Connections and Opportunities

Nicholas Baker, Trade Commissioner & Counsellor Commercial at Austrade, Shares Insights on Australian Trade Connections and Opportunities

Dr Baker shares his insights on Austrade's new client services and trade opportunities in Latin America post Covid-19. This month, Biz Latin Hub’s Chelsea Heywood was privileged to connect with Dr Nicholas Baker, Trade Commissioner and Counsellor Commercial for Australia’s Trade and Investment Commission (Austrade), based in Mexico, Central America and the Caribbean. Dr Baker shares his insights on Austrade’s new client services and trade opportunities in Latin America post Covid-19. Learn...

Why is Western Australia a Global Hub for Energy and Mining Innovation?

Why is Western Australia a Global Hub for Energy and Mining Innovation?

The state of Western Australia (WA) thrives on being a global hub for energy and mining innovation. WA is the most diversified mining and energy province in the world and the largest producer of iron ore. The resources sector in this state is so prominent that it represents 1/3 of WA’s Gross State Product (GSP). Along with innovation initiatives and future development plans to increase WA’s competitiveness, this sector is expected to grow and strengthen even further. Global strength in...

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...

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