Australia- Business News and Updates


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

E-commerce Activity Rising Among Australian Businesses

E-commerce Activity Rising Among Australian Businesses

Australia is the 4th largest regional e-commerce market globally, with online sales of US$ 18.6 billion in 2018. The future e-commerce projections are also on a positive trajectory, expecting to reach US$26.9 billion by 2023. With the future looking bright, E-commerce in Australian businesses is becoming more important. Local businesses are seeking to hop on the e-commerce wave and access the growing number of consumers migrating to digital markets.  Australia is a low-risk country with a...

Overview of Australian Trade Agreements with Latin America

Overview of Australian Trade Agreements with Latin America

Being isolated deep in the South Pacific, Australia’s economy relies heavily on good business relations and free trade agreements (FTAs). In order to stimulate opportunities for Australian companies, it is the role of the government and its various trade agencies to diversify and broaden the number of countries that can trade with them.   Though Australia's relations with Latin America were more or less inconsequential in the past, today, their relationship is entirely different. Over the last...

Tax Incentives for Foreign Investment in Australia

Tax Incentives for Foreign Investment in Australia

For prospective investors, Australia presents itself as a modern, fast-growing economy with a stable government and a strong trade sector. What many do not know, however, is that the foreign investment policy in Australia has a raft of tax incentives, hoping to attract the astute investors. Foreign investment in Australia is spurred by a diverse economy; its sectors range widely from a large agriculture sector to an increasingly growing technology service. However, due to its isolated...

Why Expand with a PEO in Australia?    

Why Expand with a PEO in Australia?    

Australia has made headlines due to its record of uninterrupted years of economic expansion among developed countries. Although there has been some de-acceleration in recent growth, the country has reached nearly three decades of continued positive development. Expanding to Australia is an appealing investment due to the country’s rich natural resources, education, and tourism. Australia’s economy is low-risk, and the workforce is educated and highly-skilled. To tap into this workforce, you...

Martin Roa Skramstad: Connectivity and Trade between Australia and Latin America

Martin Roa Skramstad: Connectivity and Trade between Australia and Latin America

This month, Biz Latin Hub had the privilege of connecting with the Chairman of the Professionals in International Trade organization, Martin Roa Skramstad. Martin also works as a Partnerships Manager for UNICEF Australia. Businesses and professionals are finding ways to connect these two exciting regions, and do business in Latin America and Australia’s thriving industries. We speak with Martin about how he sees future people-to-people connectivity and trade between Australia and...

5 Key Outcomes From the Australia-Peru Free Trade Agreement

5 Key Outcomes From the Australia-Peru Free Trade Agreement

The Australia-Peru Free Trade Agreement (PAFTA) was signed by both Australia and Peru on 12 February 2018 in Canberra. The agreement looks to strengthen bilateral relations whilst also better integrate the two nation’s economies as a way to stimulate growth and encourage more foreign investors to incorporate businesses in their territories.  The two nations formally integrated through the Trans-Pacific Partnership (TPP) however after its recent struggle with the USA, trade slowed and both...

Changes to Australian Visa Programs for Employers

Changes to Australian Visa Programs for Employers

Australia is a South Pacific hotspot for business; it’s the place to be to enjoy an open commercial environment, stable democratic institutions and competitive trading opportunities. Demonstrating positive economic growth for over 2 decades, the country is well-renowned for its viability to foreign business and investment. Recently, the government made a number of changes to its immigration visas to further enable businesses operating locally bring in the foreign talent they need. These...

Investment Opportunities in Australian Entertainment

Investment Opportunities in Australian Entertainment

Fun is big business. Various forms of entertainment are prolific in every country the world over, and there's great opportunity in this industry. Entertainment attracts a lot of investment and consumers invite new and innovative entertainment options to their cities, raising the likelihood for success for new products and services in this area.  We explore the Australian entertainment market, its ability to attract foreign investment, but also the influence it can receive from its booming...

Australian Mining Innovations and How LATAM Could Use Them

Australian Mining Innovations and How LATAM Could Use Them

The Australian economy has positive consecutive growth for more than two decades. Considered the 13th largest economy in the world, Australia’s GDP reached an impressive US$1.432 trillion in 2018. According to the Australian Treasury, GDP will grow by 2.8% in 2019. The Australian economy is strongly supported by secure foreign direct investment (FDI). In 2018, FDI inflows reached US$60 billion, with a record growth of 43%.  The Australian mining sector accounted for 38 percent of the total...

Ambassador Hugo Gobbi Discusses Argentina-Australia Trade Relations

Ambassador Hugo Gobbi Discusses Argentina-Australia Trade Relations

Biz Latin Hub’s Ollie Farr had the privilege of speaking with Argentina's Ambassador to Australia, Hugo Gobbi. Hugo discusses the economic symmetries Australia and Argentina share, the outlook and objectives for bilateral relationship development, and tips for commercial actors operating in these two powerful markets. Australia-Argentina Trade Relations Argentina and Australia have a long history of bilateral relations. What elements make this relationship so strong? Firstly, our two societies...

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