China's Ministry of Commerce has confirmed that it is willing to work with the Australian government to resolve the wine tariff dispute. This wine tariff, which was placed upon Australian wine producers in November 2022, saw wine exports to China fall from $1.3 billion per...
In a tripartite deal with the US and UK, Australia has announced a plan to acquire a fleet of up to eight nuclear-powered submarines, which is forecast to cost up to $368 billion between now and the mid 2050s. According to the Australian Government, this AUKUS...
Work has commenced on improving Tasmania's state road network under the $100 million Freight Capacity Upgrade Program. This program aims to increase the freight capacity of critical and regional freight routes throughout Tasmania by strengthening or replacing various bridges and improving sections of roads, ultimately increasing...
In 2022, Australian wine exports to Southeast Asia grew by 16 per cent in value to $305 million and 56 per cent in volume to 27 million litres. Consisting of a diverse group of markets and home to more than 686 million people, the nations of...
The Federal and Victorian Government in association with the Australasian Railway Association have signed an agreement to improve the country's rail infrastructure so it can form a bigger role in the national economy while delivering more freight services. In the near future the Government will appoint...
The Australia - United Kingdom Free Trade Agreement is a step closer to the announcement of a commencement date, after the enabling legislation in the UK received Royal Assent. This historic agreement is the UK's first new trade deal signed since Brexit and will remove tariffs...
Market sentiment from rural Australian producers has fallen to its lowest level since late 2018 as producers continue to navigate a range of economic and financial uncertainties, with commodity prices, interest rates and re-emergence of drought topping the list of concerns. According to the latest Rabobank...
Patrick Terminals has boosted capacity at Patrick Sydney AutoRail Terminal, increasing the number of trains per week from 42 to 56, effectively increasing capacity by over 30 per cent. The Patrick Sydney AutoRail Terminal is the first of its kind internationally, delivering a world-first automated integration...
Representatives for the Port of Newcastle have welcomed the news that IPART has been appointed as the independent valuer under the Port of Newcastle Extinguishment of Liability Act 2022. This appointment is one of the final steps which will enable the Port of Newcastle to compete...
China has agreed to a meeting with Australia's Trade Minister Don Farrell, raising wine exporters' hopes that current trade restrictions may be lifted, allowing for the free flow of Australian wine into the Chinese market. These trade restrictions, put into place in March 2021 amid rising...