The red meat sector is undergoing a transformation due to the growing focus on reducing greenhouse gas emissions. The market is driving a shift in the sector, motivating regulators to spark change towards climate-friendly meat.
The $211 million commitment from the Federal Government to fund increased domestic fuel storage and support Australian oil refineries is a welcome step to improving fuel security. However, industry says genuine energy security requires action on how fuel is transported to Australia and around the coast.
A report has forecasted that Australia will increase its total services exports by $45 billion by 2025, with transport and distribution responsible for 5.5 per cent and global B2B services to be the main driver of global export growth.
The Federal Government has announced a $240 million funding injection to help keep international freight routes and flights operating under its International Freight Assistance Mechanism (IFAM), that is anticipated to extend until the end of 2020.
The impact on international trade across G20 economies varied widely in the first quarter of 2020, with Australia’s exports falling by 3.7 per cent. Read more
The Indonesian Government has officially ratified the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA). Read more
The $125 million Port of Melbourne’s Port Rail Transformation Project (PRTP) is set to go ahead and take effect on June 1 this year.
The Australian Federal government has announced a new financial support loan to help Australian exporters bounce back.
The Australian Federal government announced on April 1 that a new $110 million initiative will help the export market. Read more
The Australian Border Force (ABF) has stated that as of 26 March, the ABF has not issued any advice relating to goods prohibited for export in response to the COVID-19 pandemic.