The Productivity Commission has released a report today arguing that anti-dumping measures consider only a narrow set of industries, remove the need for innovation, and don’t consider the overall cost to the economy.
Incoterms 2010 in commodity sales contracts
Incoterms® 2010 are a set of standardised rules recommended for use in international sales contracts to define the responsibilities of sellers (exporters) and buyers (importers) for the delivery of goods.
Changes to GST Treatment of Cross Border Transactions
PwC have written a good article on the changes proposed by the new provisions for the GST Things to note from this review.
Opportunities and risks to continue in 2016 for exporters, importers and their service providers
2015 was a significant year for our industry. Andrews article discusses the highlights of 2015 including the commencement of various FTAs and the anticipated trade agenda for 2016, together with a timely caution of potential risks and…
Trans Pacific Partnership (TPP) signed by Minister Robb
The TPP, which will see the elimination of 98 per cent of tariffs among 12 countries, was formally signed by Trade and Investment Minister Robb on 4 February 2016 in Auckland, New Zealand.
Changes to Customs Import Processing Charges
As part of the 2015-16 Commonwealth Budget, the Government restructured the Import Processing Charges. There are two changes.
Certificates of Origin for ChAFTA
The two Chinese authorisation bodies that issue Certificates of Origin under the China–Australia Free Trade Agreement (ChAFTA).