Wine has become a key issue in ongoing trade negotiations between Australia and India as the two nations work to conclude the second phase of the trade pact by the end of the year. Under the interim pact, tariffs on Australian wine priced above AU$5 (HK$25.21)...
The United States and Australia have signed a landmark bilateral framework, aimed at securing critical minerals and rare earths supply chains vital for defence, advanced manufacturing and clean-energy technologies. This multi-billion initiative includes multiple components from joint public and private investments in the mining and processing...
One of Australia's largest exports to the US, beef, is among hundreds of food products now exempt from the 10% reciprocal tariffs imposed earlier this year by President Trump. This tariff exemption, signed by Executive Order on the 14th of November, provides ample opportunity for Australian...
Current tensions between Canada and China could result in an opportunity for Australian farmers to increase the volume of canola exports to China. Alongside an anti-dumping probe into Canadian canola, Beijing imposed preliminary duties of 75.8% on imports of the oilseed from the country in August,...
WiseTech Global has been accredited to issue Certificates of Origin (COOs) for Australian exports, enabling exporters to obtain the key trade documents in minutes through a fully digital, 24/7 process. A COO is an official document used in international trade to confirm where a product was...
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...