Important Updates on Free Trade Agreements

The government is extending assistance to exporters in taking advantage of FTAs, while importers are cautioned about transshipment rules of the new ChFTA.

Trans Pacific Agreement Signed

In an interesting week for Australian trading companies, the TPP has been signed, our dollar spiked at a six week high of 73 US cents and the RB left the cash rate on hold at 2 per cent.

New Technology & Techniques Snare Smugglers

Operation Minium launched by the Polaris Joint Waterfront taskforce has uncovered corrupt importers along with employees of Customs & Forwarding brokers and warehouse staff, involved in illicit imports of tobacco and drugs into Sydney.

Update on Protected Industrial Action at Ports & Airports

The CPSU has given notice to both the DIBP and DOA of Protected Industrial Action, which is continuing until 30 September 2015. The areas that will be impacted include international airports, shipping ports & terminals, cargo examination facilities, client service centres and international mail facilities.

Australian Border Force Prepares for Strike Action

The Australian Border Force is preparing for ‘surge deployments’ of its officers as widespread strike action around Australia in the coming week threatens to open up gaps in its operations. Agriculture and quarantine workers are also preparing to join their DIBP counterparts in striking at international airports.

Consultation Starts on New Biosecurity Regulations

Public consultation has commenced for the draft of the new Biosecurity Import Risk Analyses Regulation. The Australian Government, through the Department of Agriculture, has released the first draft regulation under the Biosecurity Act 2015.

Stink bug season kick-starts new biosecurity barrier

Heightened biosecurity measures have been put in place at our ports and offshore as from 1 September 2015, to protect Australia's agriculture sector from the potentially devastating ‘exotic brown marmorated stink bug’.

Opposition not supporting Chinese FTA

The Federal Opposition are ignoring the advice of former Labor PM Bob Hawke to support the China FTA in its current form. Mr Hawke, who has close ties to China, is quoted in The Australian newspaper as saying opposing the deal would be "against Australia's best interests".

PM Says Free Trade is the Key to our Future

“Australia’s free trade agreement with China will change Australia for the better, it will change China for the better, and it will change our region and our world for the better,” says Tony Abbott in an opinion feature published in the Courier Mail last week.

China’s RenMinBi Devaluation – Will it Affect Your Business?

In a surprise decision last week, China began sharply devaluing its currency, the RenMinBi. While the plunge paused on Friday, the RMB was still down 4.4 percent against the US dollar for the week, a huge drop for China.

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