Whilst the Australian wine industry has grown, producing 1.3 billion litres in 2022, with more than 2,000 wineries employing 164,000 people and contributing AU$40 billion annually to the economy*, it has also simultaneously seen exports decrease by 10%, to AU$1.86 billion in the year to...
The recent announcement by the Prime Minister of China that it will expedite a review of the 220% wine tariff on Australian wine, as well as the Australian government's suspension of its action in the World Trade Organization has seen optimism increase around the removal...
In another sign of improving trade relations between China and Australia, China has lifted its ban on Australian hay exports. Following a two-year ban that saw hay exports to China fall from 360,000 metric tonnes per year (worth $160million) to 60,000 tonnes per year, this trade...
Despite ongoing negotiations and the DP World cyber security incident, the the Maritime Union of Australia (MUA) has chosen to continue further industrial action against DP World until the 18th of November, with increased speculation that this period will extend further into November. This wave of industrial...
DP World Australia has detected and began responding to a cyber security incident on Friday 10 November 2023. This has resulted in disruptions to port operations and freight services across Sydney, Melbourne, Brisbane and Fremantle. Whilst DP World did initially restrict landside access to Australian port...
The first six months of 2023 has seen Australian wine exports into Hong Kong increase by 34.9%, reaching HK$799.19 million in value and over 20% market share in Hong Kong’s imported wine market, in comparison to the same time last year. This market growth is significant...
With the recent removal of tariffs on Australian hay and barley, hopes are growing for an easing of wine tariffs, which have been in place since 2021. With an upcoming trip to China scheduled for Australia’s Prime Minister Anthony Albanese and recent business dialogue between the...
The Australian Government has launched Infrastructure Net Zero: a public-private decarbonisation initiative. Consisting of seven peak bodies and three federal agencies, this initiative aims to provide direction on a plan addressing issues across infrastructure sub-sectors with a focus on supply chain capability to not only explore...
The Australian Government recently launched its trade strategy for South-East Asia. This strategy highlights both the fact that Australia’s current trade and investment in this region is underdone and that there are significant prospects for Australian businesses to expand in these markets. The current level of...
The Maritime Union of Australia (MUA) has announced upcoming industrial action across major ports around the country as they continue negotiations for increased pay and improved rostering conditions with DP World. DP World has acknowledged the upcoming action and stated its intention to work towards a...