Australia has eighteen Free Trade Agreements (FTAs) in place and they have practical benefits for both importers and exporters. Here at Colless Young we make it our mission to ensure you take full advantage of them. FTAs are treaties between two or more countries designed to reduce or eliminate trade barriers, to the advantage of […]
If you are engaged in international shipping, knowing your Incoterms is essential to understanding ‘who is responsible for paying what’ in your supply chain. These terms represent various tasks, costs, risks and logistics of moving goods whether by sea cargo, airfreight and/or land transport. Misunderstanding them can distort you cost calculations. International Commercial Trade Terms, […]
Hazardous materials, also known as Hazmat or Dangerous Goods (DG) are articles or substances which are capable of posing a threat to human health, safety, property or the environment. These materials are classified based on characteristics such as flammability, toxicity, or corrosiveness and can include explosives, gases and liquids. Shipping hazardous cargo requires a clear […]
Customs tariffs have been in the news more than usual lately due to speculation about what Donald Trump might do when he is back in the White House. Theoretically any tariffs he introduces over there would affect our exporters, not Aussie importers, although there is always the possibility that components of any completed product you […]
The government prohibits the import of certain goods to Australia. Check with us if you have any doubts about a specific product, especially one you are importing for the first time. The Australian Border Force (ABF) has recently updated their list and it is important that you are absolutely sure before you place your order. […]
Importers need to make sure they are taking absolutely all the associated costs into account when calculating the buying and selling figures for their goods. This is especially true when bringing in a new product for the first time. When calculating landed costs, there is a lot more to be considered than the main items […]
Freight Forwarders play a pivotal role in the management of your import and export cargo. Often they are taken for granted and, like all behind-the-scenes activity, you probably don’t give them too much thought – until a curve ball is hit. In recent times there has been a series of supply chain shocks that have […]
The Australian Border Force (ABF) specifies that the customs value of imported goods must be expressed in Australian currency on the import customs entry. Foreign currency must be converted into Australian currency at the rate of exchange prevailing on the day of export of the goods (not on the day the goods arrive in Australia). […]
The purchase and shipment of goods from any overseas location to Australia can come with hidden traps, and this is especially true when it comes to buying from Bali. Many inexperienced importers are prone to making innocent but costly blunders. We always recommend that you seek professional advice before you buy and ship, checking first […]
Importing motor vehicles into Australia carries lots of regulations, pitfalls and misconceptions. Don’t be one of those who is hit with nasty surprises after landing a second-hand car or motorcycle – do your homework before you even think about placing an order. Before importing any motor vehicle, including a disassembled or partly-completed road vehicle, you […]
