book.tbr - Flipbook - Page 23
TRADESTART
LOGISTICS
BRETT
CHARLTON
SALLY
CHANDLER
Austrade launches What a difference a
new round of grants year makes for freight
AUSTRADE is undertaking a third round • producing and providing promotional and
of the Export Market Development Grants advertising material;
(EMDG) program. EMDG reimburses up to • intellectual property rights; and
50 per cent of eligible costs associated with the • if you are a Tier 1 applicant, obtaining export
development of export opportunities for Aus- readiness training.
tralian businesses.
Grants for businesses are available in three
The grant amount depends on the number tiers with each providing a different level of
of eligible applications in the round, and, the support.
available program budThe tiers are 1)
Ready to export; 2)
get to be shared among
all eligible applicants.
Exporting and expanding; and, 3) Exporting,
Grants are for eligible promotional activexpanding and strateities undertaken by
gic shift.
small-to-medium sized
Grant Agreements
exporters and represenwill be for (only) one
tative bodies. Small
year, with a possibilto medium enterprise
ity of extension subExports encouraged.
(SME) exporters can
ject to the availability
apply for grants over
of funds.
eight years in total (but not necessarily conAustrade requires that businesses comply
secutive years). Representative bodies have with all the relevant Australian Taxation Office
no maximum grant years.
legislation, rulings and guidelines. An appliEligible expenses are:
cant may be asked to provide a Statement of
• maintaining a representative in a foreign Tax Record.
country;
The application portal will be open for four
• short trips to a foreign country;
weeks from Wednesday, March, 15, 2023.
• engaging a consultant to undertake research
Information sessions will be held on
or promotional activities;
Wednesday March 1 for both new applicants
• short trips within Australia;
and returning applicants.
• foreign buyer visits;
For assistance contact the TCCI’s TradeStart
• soliciting for business in a foreign country Adviser, Sally Chandler, at sally.chandler@
providing free samples;
tcci.com.au or phone 0408 888 311.
.
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Of course, the reason the freight rates
BUTTERFLY wings seem to be flapping
are
dropping is because the volume verses
quite hard these days and while by and
capacity matrix has turned on its head and
large we watch from our privileged place
while reduced freight rates help, shippers
on the planet, we surely cannot deny that
must have confidence in markets to buy or
events happening around the world are
sell goods.
impacting us all in one way or another.
At the moment Tasmania seems in many
Devastating floods, earthquakes, wars,
areas to have its
and such division in
mojo right and trade
so many areas seem to
is doing well, but we
constantly challenge us
are not immune to
daily.
butterfly wings and I
This time a year ago
expect there is much
if you rang an airline
caution out there
or a shipping line
presently.
inquiring about freight
The other thing
pricing you would get
that constantly seems
a “take it or leave it”
to be on my trigger
reply or indeed “take it
International freight rates are
alert is the rapidly
because it is likely to
slowly dropping
developing trend to
be higher tomorrow”.
self service via “portal” or automation. I
Today we are seeing the international
mean we have all probably had a go at the
freight market falling off a cliff around
CHAT thingy (I have) and been suitably
inflationary pressures and stock surety
impressed, but from my vantage point we
of the last few years. In some trade lanes
are still quite some way from the machines
shipping lines are offering negative rates
running the matrix efficiently. I know there
to move containers to secure volume and
airlines are bidding to carry cargoes in some is a generation coming up that will thrive
on machine-driven outcomes, but more and
routes.
more of late, due to the ones not quite being
Rates have been slow to drop for
able to find the right zeros, the humanexporters, but those with volume are
to-human network of “many years in the
starting to see lines compete for their
game” is still the champion of positive
cargoes now and reductions are beginning
outcomes.
to be seen.
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TASMANIAN BUSINESS REPORTER, March 2023 23