With the Federal election over, the Australian federal government has announced its intention to continue negotiations with the US to reduce or remove the tariffs imposed on US imports of Australian products. This includes discussions around the baseline tariff, the current tariffs of 25% on Australian...
With the recent election outcome in Australia, various industry groups have called for a focus on decarbonisation, industrial relations and data security from the re-elected Albanese government. Issues identified as imperative include the need for ministerial stability in the transport, infrastructure and trade portfolio, visa certainty...
Following the UK Alcohol Duty Review, as of 1 August 2023, all wine sold in the United Kingdom started being taxed on the level of alcohol in the product, rather than by volume. This has had a direct consequence on the level of alcohol in the...
In the 12 months ended December 2024, Australian wine exports grew by 34% in value, totalling $2.55 billion - the highest value since June 2021 - with total volume also increasing by 7% to reach 649 million litres over the same period. These highs were predominantly...
A new direct freight service between Shanghai and Fremantle ports is set to boost trade between Western Australia and China, its largest trading partner, reducing shipment time from 30 days to 14 days. This new “direct” route effectively removes the need to discharge cargo at the...
The re-entry of Australian wine into mainland China has helped exports grow by 34% in value, reaching AU$2.39 billion in the 12 months to September 2024. Volume exports were also up by 7%, amounting to 643 million litres over the same period. This represents the highest...
The Australia-United Arab Emirates Comprehensive Economic Partnership Agreement has been finalised. This initiative will see Australian exporters tap into a market of 58 million consumers with a combined GDP of AU$1.4 trillion. This trade agreement has been welcomed by the Australian wine industry as the UAE...
As of the 1st of September and until 30 April 2025 (inclusive), BMSB seasonal measures will apply to targeted goods manufactured in or shipped from target risk countries between these dates and to vessels that berth, load, or tranship from target risk countries within the...
In a market-leading move, Singapore Airlines (SIA) has officially announced its plan to be the first international carrier to commence services at Western Sydney International (Nancy-Bird Walton) Airport (WSI) when it opens in late 2026. Whilst SIA already operates out of Sydney's Mascot International Airport, this...
Victoria has experienced the strongest export growth amongst Australian states over the past year, hitting a record high for the garden state of $17.6 billion for the June quarter and an overall increase of $2 billion for the year. This growth in the export of goods...