Australia’s goods and services export volumes underpin GDP growth
New ABS data shows Australia’s goods and services export volumes increased by 4.6% in the September 2015 quarter. Minister Robb said these figures highlighted the powerful contribution Australian exporters were making to economic growth, with net exports contributing 1.5 percentage points to real GDP.
Media Release: Exports support growth in September quarter
2015 Australian Export Awards winners announced
Minister Robb congratulated the Australian Exporter of the Year and the 12 category winners at the Australian Export Awards across fields including excellence in agribusiness, education and training, small business and online sales. Minister Robb said that Australia’s North Asia FTAs would further unlock “unprecedented access to overseas markets”.
Media Release: Australian Export Award winners announced
Australia’s tourism continues to break records
Tourism Australia’s latest International Visitor Survey shows that Australia’s appeal in the global tourism market is increasing. Senator Colbeck said during the year ending September 2015, spending reached a new high of A$34.8b while international visitor arrivals increased to 6.7m, with China continuing to lead this growth.
Media Release: Tourism booming as records tumble
Trade at a Glance 2015: Australia’s trade, investment and economic performance
DFAT’s Trade at a Glance 2015 provides a comprehensive summary of Australia’s trade, investment and economic performance in the past year, and is now available online. Trade and investment continue to be powerful drivers of our economy, with Australia’s two-way trade in 2014 reaching A$663.8b.
DFAT: Trade at a Glance 2015
The importance of services exports to the Australian economy
Austrade Chief Economist, Mark Thirwell, reports on the increase in value and volume of Australia’s services exports. With services representing the largest source of employment in our economy, services exports markets offered substantial opportunities for Australia. As of August 2015, about 80% of the Australian workforce were employed in this sector.
Austrade: Services exports of increasing importance to the economy
Dubai: the new centre of trade?
Austrade’s Senior Trade Commissioner in Dubai makes the case for the city as a centre of trade and a safe haven for business and investment in the region. Dubai’s unique geographic and demographic conditions present huge opportunities for Australian businesses including food exports, healthcare and tourism.
Austrade: Insight - Dubai: the Middle East’s metropolis of trade
Australian aged care companies in China
This ABC article says that by 2050, 400m Chinese are expected to be over the age of 65, highlighting China as a substantial market for Australian aged care facilities. "There's no question this can be a huge boom for Australia. The [free trade agreement] has opened doors for conversations with companies," Aveo China's operations director Julie Jackson said.
ABC News: Australian aged care companies chasing China's 'silver-hair' gold rush
Did you know…
Winner of the 2015 Australian Export Awards, Melbourne’s ANCA, exports 99% of its products to organisations across a wide range of industries, including the aerospace, automotive, electronics, medical and woodworking sectors.
Upcoming trade events
North Asia Free Trade Agreements Information Seminars: Bundaberg QLD
If you are a current or prospective exporter don’t miss this free, interactive session which explains practical benefits your business could realise from Australia’s historic FTAs with three of our major export markets – China, Japan and Korea. The Bundaberg Seminar takes place on Friday 4 December. It’s not too late to register.
Register: North Asia FTA information seminars
Inaugural Australia-US Business week
Minister Robb will lead an Australian business delegation for a series of high level trade, investment and tourism events in the US in 2016. The inaugural Australia-US Business week is a major initiative to increase Australia’s business links with the world’s largest economy. Businesses can register interest online.
Visit the DFAT trade website for more on Australian trade, including FTA updates, the latest trade statistics and the Trade Talk archives.
Trade Articles sourced from non-Australian Government sources do not necessarily reflect the views of the Australian Government.