Dear Customers As you will be aware the current outbreak of Omicron is playing havoc with supply chain across all of Australia. This unfortunately is forcing some land-side supply chain providers to introduce levies to cover the rising cost of pandemic related staff shortages. Due to both depot and driver short falls we are seeing […]
Australia has vowed to defend itself after China took a dispute between the two nations to another level on the world stage. China has requested the World Trade Organisation (WTO) step in to mediate its claims. Beijing has requested a panel of the WTO be established to hear claims regarding Australia’s anti-dumping and countervailing measures […]
Container terminals around the country continue to experience some vessel delays, while terminal fees continue to rise. Following is a round-up of the current situation, courtesy of DP World and Patrick Terminals. DP World Terminal COVID-19 Update on Terminal Operations DP World have issued this advice: “We wish to advise that we currently are experiencing […]
We have previously reported on the current fragility of the Supply Chain and it continues to be of concern to the general public, who see the end result in empty shelves at retail level. Of course, the blockages come from much further down the pipeline and it is in fact a global issue. Over the […]
We are aware of reports that trade disruptions have affected some shipping between China and Australia, and have found the following to be the setting for the new year, 2022. Container Shipping Out of China State media in China is insisting that cargo volumes at Ningbo have not dropped, even as lockdown measures increase across […]
The heightened vessel surveillance window for Asian Gypsy Moth (AGM) is between January and May each year. The Department of Agriculture, Water and the Environment (DAWE) ceased its last annual surveillance for managing the risks posed by the AGM on vessels on 31 May 2021. This week DAWE issued Industry Advice Notice no. 249-2021: Commencement […]
Last week we reported on upcoming changes to Customs Tariff Classifications. The Australian Border Force (ABF) has also issued guidance on a number of other changes to the system. They have issues Australian Customs Notice No. 2021/50 which provides information on Customs Tariff Changes that will commence on 01 January 2022. Below is a brief […]
On 01 January 2022, some tariff classifications in the Customs Tariff Act 1995 will change as a result of amendments to implement the 2022 Harmonized Commodity Description and Coding System (HS2022). Back in April, we reported on the planned Customs changes to the way Product Specific Rules will affect Free Trade Agreements. These amendments to […]
Australia has today formalised a Free Trade Agreement with UK to abolish taxes on 99% of Australian exports worth $10bn and UK imports worth $200m. The FTA was signed virtually by the Australian trade minister, Dan Tehan, and UK high commissioner Vicki Treadell on Friday 17 December 2021. The in-principle deal between the two nations […]
On 01 January 2022, the Regional Comprehensive Economic Partnership Agreement (RCEP) will enter into force for Australia, Brunei, Cambodia, China, Japan, Laos, New Zealand, Singapore, Thailand and Vietnam. It is to become the world’s largest trade deal – which includes China but excludes the USA. It is also larger than other regional trading blocs such […]
