Category Archives: Import/Export/Trade Back

Business deals will be ‘consummated in the sand’ at Commonwealth Games

More than 1,500 trade and industry delegates from around the world will be “doing deals with sand between their toes” on the Gold Coast next week as the Commonwealth Games gets underway. The trade and industry representatives, including some from the world’s fastest growing economies, will do deals with each other and investors as part … Read more

‘Fitbit for cows’ set to revolutionise beef industry from paddock to plate

An electronic tracking ear tag being developed for cattle could forever change the way graziers manage both livestock and farmland. Researchers from James Cook University (JCU) in Townsville are collaborating with the Queensland Department of Science, the CSIRO and commercial partner Ceres Tag to adapt GPS technology for small, affordable livestock ear tags. Computational chemistry … Read more

Gold Coast hosts high level international trade talks

Gold Coast is hosting international free trade talks between Australia and four Latin American nations which have been identified as being an “underexposed” market for local exporters. Australia will host the second round of Pacific Alliance Free Trade Agreement negotiations from today until Friday with representatives Mexico, Chile, Colombia and Peru. The talks are an … Read more

Why Australia doesn’t face sovereign risk in the gas markets

Shortages of gas in the Australian market have led to calls for the government to impose restrictions on gas exports. Energy industry executives have responded by saying that market interventions would create a “sovereign risk”, deterring foreign investors and buyers of Australian gas. But this doesn’t apply to Australia for a number of geographic and geopolitical reasons. We’re on the doorstep of … Read more

The supply chain revolution : innovative sourcing and logistics for a fiercely competitive world (book)

Author: Suman Sarkar When CEOs think about the supply chain, it’s usually to cut costs. But the smartest leaders see supply chain and sourcing for what they can be: hidden tools for outperforming the competition. Steve Jobs, upon returning to Apple in 1997, focused on transforming the supply chain. He hired Tim Cook—and the company … Read more

How the ‘tyranny of distance’ affects the Australian economy

Technology may have reduced transport and communication costs, giving us instant communication around the world, and turning manufacturing into a network of global supply chains stretching across nations. But my recent research with Marie-Claire Robitaillefound that Australia’s distance from Europe and the United States still imposes enormous costs on our exports. We found the impact of … Read more

The Buy Queensland strategy breaks international trade deals

The Queensland government’s new controversial procurement strategy stacks the deck of public tenders against interstate and international suppliers, and is illegitimate under Australia’s free trade agreements. The strategy, Buy Queensland, is set to start next month. It will apply to all public agencies, statutory bodies and government-owned corporations that purchase goods and services, commission major projects and infrastructure, … Read more

How China could use trade to force North Korea to play nice with the West

North Korea got the world’s attention – and President Donald Trump’s – when it said on July 4 that it had successfully launched an intercontinental ballistic missile for the first time. The weapon, potentially equipped with a nuclear warhead, could reach Alaska. President Trump’s initial reaction included blaming China for letting things get this far. … Read more

The Australia-China Relations Institute doesn’t belong at UTS

Last month eight of Australia’s top journalists visited China for a week as guests of the Australia-China Relations Institute (ACRI) at the University of Technology Sydney (UTS). They were greeted by top Communist Party officials and toured some of China’s new infrastructure projects. Some (but not all) returned to Australia singing the praises of Chinese … Read more