Australia- Business News and Updates


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

Importing and Exporting Medicinal Cannabis Products to Australia

Importing and Exporting Medicinal Cannabis Products to Australia

In terms of the unfolding cannabis market, all eyes are on a handful of countries who have begun the process of decriminalizing the plant and its derivative products at varying degrees. Australia is considering law reform around cannabis use. Medicinal cannabis is permitted under Australia's legal framework, and import channels are open to opportunistic entrepreneurs looking for new opportunities in this exciting market. Currently, there's potential for exporting cannabis oil products to a...

Australia-UK Relations: What Could Free Movement Mean for Business?

Australia-UK Relations: What Could Free Movement Mean for Business?

Australian and UK officials have been making noise about a potential free trade deal since 2016. Now, on the back of an official visit to Canberra, a further deal-sweetener has been thrown into the mix: a potential ‘Free Movement’ agreement. Free movement would allow for greater flows of people between two high-performing world actors. Australia, with an open business environment unprecedented 26 consecutive years of economic growth, is perfectly positioned for UK businesses looking for new...

METS in Latin America: Australian Mining Opportunities Abroad

METS in Latin America: Australian Mining Opportunities Abroad

Australia is world-renowned for its mining prowess. The industry is supported by a stable political climate and strong economic outputs, resulting in 26 years of consecutive economic growth in the country.  As Australian mining and mining-related companies connect, expand and grow together, and seek out international projects, the sophistication of Australia's mining capability increases. We look at the potential for Australian miners to capitalize on this expertise in Latin American mining...

Why Partner with a Professional Employment Organization?

Why Partner with a Professional Employment Organization?

Following the ever-increasing trend of small- and medium-sized enterprises (SMEs) entering international markets and trading overseas, employing a global workforce can provide more headaches than ever. Employment Law, payroll administration and employee benefit packages are just three aspects of hiring a workforce which vary enormously across borders. Through the embarkment into a partnership with a Professional Employment Organization (PEO), you can outsource the stress of overseeing the...

Key Steps to Establishing Your Business in Australia

Key Steps to Establishing Your Business in Australia

Australia is a commercial hotspot in the South Pacific. Its relentless, consistently positive economic growth spans 26 consecutive years, and the powerhouse isn’t slowing down. Rivaling world powers as one of the best places to do business, Australia showcases a relatively free and open business environment. As such, the process to form a company and start your commercial activities is straightforward. Though partnering with a legal services provider is essential, expanding businesses can...

Overview: Trade and Connectivity Between Australia and Colombia

Overview: Trade and Connectivity Between Australia and Colombia

Colombia is the fourth-largest economy in Latin America, after Brazil, Mexico and Argentina. With major improvements in security aspects and steady economic growth, the country constitutes a large, vibrant economy that is embracing market openness and attracting increasing attention from international investors and businesses. This includes mining and agricultural giant, Australia. The level of involvement of the Australian business community in this Latin American country has been aided by...

Innovation Boosts Australia’s Wine Industry

Innovation Boosts Australia’s Wine Industry

Australia is economically one of the most sound countries to consider investing in right now. With an immaculate track record of positive economic growth, a pro-business government and healthy commercial environment, the country presents ideal conditions for entrepreneurial success. At the heart of this successful economy are prosperous agriculture and food and beverage industries. Famous Australian wines sit at the intersection of these two sectors, whose guardians are looking for new ways to...

How Technology Can Reduce the Cost of International Expansion

How Technology Can Reduce the Cost of International Expansion

If you are a visionary local entrepreneur looking to expand your business globally, then you’re probably trying to figure out the most cost-effective option for doing so. Thankfully, all businesses and consumers have one of the most powerful international business expansion tools at your disposal: the internet. Thanks to technological growth, it is easier and more rewarding now to reach out to your prospective global clientele. With many social networks growing into massive marketing platforms...

How to get an Australian Residency Visa

How to get an Australian Residency Visa

Are you looking for an Australian residency visa? Do you need help obtaining the Australian visa, but don’t know how to get one? Read on to get step by step instructions on how to obtain your visa for Australia. Before you can even think about applying for a visa, you have to make sure that you meet the legal requirements. The visa process can take an average of 9 to 12 months to complete. This is enough time for you to get things settled in your home country, and get things settled. For...

First Panamanian Ambassador to Australia Discusses Bilateral Opportunities

First Panamanian Ambassador to Australia Discusses Bilateral Opportunities

Biz Latin Hub’s Chelsea Heywood had the privilege of talking to Panama’s first Ambassador to Australia, Marcelino Avilés. Marcelino discusses his plans for the first Panamanian Embassy, located in Canberra, to boost the Australia-Panama relationship, and shares insights on what these two countries can offer each other to develop strong trade and business ties. Australia-Panama Relations What led you to take up the role of the first Panamanian Ambassador to Australia? I have had different roles...

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