Nominations have opened for NSW’s annual export awards, with the program covering 13 national categories and five NSW categories and accepting nominations until Friday June 14. In a statement on Wednesday, Investment NSW’s Deputy Secretary Katie Knight said the state’s exports continued to grow, currently contributing $150 billion, and with trade supporting one in five…
Australia’s only manufacturer of solar panels Tindo Solar has celebrated five years of exporting to Vietnam with another shipment delivered in the first quarter of 2024. Tindo CEO Richard Petterson announced the milestone in an address at the Australia-Vietnam Green Economy Summit, which is led by Asialink and Climateworks Centre and supported by the federal…
By Katie Howe Last week Prime Minister Albanese cheerfully welcomed the Chinese government’s removal of import duties on Australian wine. Following numerous government-to-government talks held in Canberra and Beijing over recent months, it was seen as a positive step in a new era of Australia-China relations. For winemakers, it was merely a small win on…
Armour steel manufacturer Bisalloy Steel has broken into the US military shipbuilding market, snaring a purchase order for processed Australian steel from Newport News Shipbuilding. Newport News is a division of HII, the largest military shipbuilder in the US and one of two US companies that designs and builds nuclear-powered submarines. Bisalloy, which processes steel…
By Weihuan Zhou, UNSW Sydney and James Laurenceson, University of Technology Sydney China’s Ministry of Commerce has finally ended its tariffs on Australian wine, which had been imposed for more than three years at rates as high as 218.4%. The measures have had a catastrophic impact on Australia’s wine exports. In 2019, Australia sold A$1.24…
Exports have resumed from dairy company Norco following a disruption caused by the 2022 Northern Rivers floods. Norco’s Lismore site was flooded in February 2022 and reopened in November last year. According to a statement from federal agricultural minister Murray Watt on Wednesday, the first international shipment from the Lismore factory since then is currently…
The maker of Penfolds Grange, Treasury Wine Estates has noted an interim draft determination by the Chinese Ministry of Commerce that would reopen the China market to Australian wine exports. The determination outlines a proposed removal of the current tariffs which have crippled what was once a $1.2 billion export trade with China – reducing…
a2 Milk Company grows despite decline in China market The a2 Milk Company, which pioneered the use of a2 proteins in milk as a healthy alternative, has reported positive results for 1H24. Revenue was up 3.7 percent to $812.1 million and EBITDA profit up five percent to $113.2 million despite a double-digit decline in the…
By Peter Roberts Anyone looking for the federal government to put emissions-producing exports behind it and focus on zero emissions exports of green hydrogen and ammonia would be disappointed at a major speech just delivered by Resources Minister Madeline King to Japanese industry leaders at the Australian Embassy in Tokyo. In a long speech King…
Exports were down 2 per cent by value to $1.9 billion and 3 per cent by volume to 607 million litres in the last calendar year, Wine Australia’s Australian Wine Export Report shows. The export figures, published by the federal agency on Wednesday, show an improvement versus the September quarter’s export report, though figures remain…
