The Announcement in the Federal Budget of a Biosecurity Levy of $10.02 per TEU to be introduced on 1st July 2019 has implications for the freight forwarding industry and importing community. Those importing non-containerised goods will pay $1 a tonne. The Australian Logistics Council, Australasian Railway Association, Ports Australia and Shipping Australia have this week […]
News
Federal Budget Impacts on our Industry
Among the issues in the Treasurer’s 2018 budget were the following which will have affects on importers, exporters and international freight forwarders. Air Cargo Security, cargo and mail security package – $296.3 million over 4 years will be spent on strengthening aviation, air cargo and international mail security. Areas covered include – increasing inbound cargo […]
The Importance of Small Business Exports
In The Conversation last week (30th April) two lecturers from Monash University, Giovanni Di Lieto, lecturer of international trade law at Monash Business School, and David Treisman, lecturer in Economics, Bachelor of International Business at Monash Business School, asserted that small businesses need to be able to see how trading internationally will contribute to their […]
Update on Flowers Imported for Mothers Day
Back in February we reported on New Quarantine Measures for Flower Imports (see Here), detailing the latest certification and inspection requirement for cut flowers and foliage by the Department of Agriculture and Water Resources (DAWR). Under the new conditions, consignments arriving in Australia with live pests are secured until the pest is identified by an […]
Alert for New Import Pest: Tramp Ants
Biosecurity officers at Perth Airport recently discovered some unwanted pests when they inspected a parcel of personal effects sent from Thailand. They were alerted by an Australia Post staff member who spotted an ant crawling on the outside of the parcel. What they found inside was a large number of exotic tramp ants (Monomorium salomonis). […]
U.S. Has Second Thoughts About Joining TPP
On April 12, 2018: President Donald Trump is reportedly considering re-entering Trans Pacific Partnership (TPP) negotiations after repeatedly disparaging the agreement during his campaign and abandoning ongoing negotiations as one of his first acts in office. The TPP, initiated by Trump’s predecessor, Barack Obama, was viewed as a pillar of U.S. commitment to Asia. It […]
Tariff Cuts to Boost Trade with Japan
The fifth round of tariff cuts under the Japan-Australia Economic Partnership Agreement (JAEPA) have come into effect, delivering wide-ranging benefits for Australian businesses that will help drive exports and create new jobs. The new tariff cuts will boost Australia’s already vibrant trade and investment relationship with Japan, our second-largest trading partner and the world’s third […]
Blockchain Set to Revolutionise Trade
A consortium of European companies involved in the Customs and Forwarding industry has successfully tested a blockchain system that can eliminate the need for printed shipping documents and save the freight and logistics industry hundreds of millions of dollars annually. The consortium tested a method where documents are no longer exchanged physically or digitally, but […]
Speculation of New Fee on Low Value Imports
The Department of Home Affairs (DoHA) is considering whether every package imported into Australia should be hit with a new levy, to help cover the costs of screening items at the border. GST already applies for packages worth more than $1,000.00, but the Government’s plan would see shoppers having to shell out the extra charge […]
GST on Low Value Imported Goods
The Treasury Laws Amendment (GST Low Value Goods) Bill 2017 was passed into law in June 2017 amending the Goods and Services Tax (GST) law to give effect to the 2016-17 Budget decision to apply GST to low value (under $1,000) goods imported by consumers. Businesses treated as the suppliers of these goods will need […]
