Budget 2022-23 announcements relating to international trade

Exporters must pivot to new markets

Recent official Chinese messaging suggests that our bilateral relationship has now entered a new low. Without doubt, China’s recent actions, including restrictions imposed on particular Australian exports, are deliberate. We suspect that the relationship has now changed in character for the foreseeable future. We advise Australian exporters to brace for a longer period of contention.

Study into the experience of Australian firms enforcing their intellectual property rights in Asia

To better understand the risks that business’ face, we reached out to Australian exporters about their experience with enforcing their brands, inventions, and designs in Asia. 125 survey responses from Australians operating in or trading with South East Asian countries and China showed 48 per cent did not engage with government services to access information on IP. We also found most exporters surveyed did not register their IP before going overseas.

Indigenous Exporters Part of Australia’s Economic Recovery

Indigenous businesses can grow much more and make even more significant contribution to the Australian economy, including by engaging in international trade and expanding their markets overseas. They just need some extra capacity-building, supportive networks and a conducive trading environment. Recognising this potential, the Export Council of Australia (ECA) and the Indigenous Network for Investment Trade and Export (IGNITE) have formed a strategic partnership.

Resilient Supply Chains May Depend on Trade Single Window

Ongoing restrictions to contain Covid-19 and adverse competition between major trading economies are pushing Australian businesses to reconsider their global supply chain strategies. As they contemplate alternative operational locations and new sources of supply, they are looking to Government for supportive policies and programs. The Export Council of Australia therefore welcomes the 2020-21 Budget allocation of $28.6 million to implement a simplified trade system.

Economic Recovery Requires Export Focus [Budget 2020-21]

This Budget mostly delivers the right ingredients for SMEs to keep functioning in the short-term, the next phase will be to ensure they become competitive and successful in the global context. Exports make a significant contribution to the Australian economy, generally representing more than 20% of Australia’s GDP, but they have been impacted by Covid-19.

Economic recovery will require leadership in trade

As the voice for Australian exporters, the Export Council of Australia calls on the Australian Government to take immediate action to develop and implement a comprehensive and practical trade-led economic recovery package.  We recognise the challenges and constraints faced by the Government but, now more than ever, they need to lead here and internationally.

Export Council of Australia Partner with Gandhi Creations to Create New Opportunities to Position Australian Businesses on a Global Context

Across several national projects and initiatives, the Export Council of Australia (ECA) will be partnering with NSW based multi-award-winning social enterprise, Gandhi Creations, to further enhance bilateral trade relationships between Australia and nations across the globe.