News

  • 17 Nov 2015 3:12 PM | Anonymous

    Street Rugby in Minamisanriku with Japanese rugby legend, Jiro Ishiyama


    By Tim Barnstable, FAHC Chair


    Street Rugby Alliance, Club Australia and the ANZCCJ teamed up to bring Street Rugby games for the first time to Tohoku. As a special guest, Japanese Rugby legend, Jiro Ishiyama, who currently serves as Chairman of Scrum Kamaishi, joined the Street Rugby on the Sunday.

     

    The group traveling from Tokyo met at Koala House in Minami Sanriku and together visited a local fisherman, Naoya Takahashi  (http://konpiramaru.main.jp) for some volunteer work. Upon arriving, Mr Takahashi's family shared a number of photos of the tsunami, some showing their small business being inundated and swept away. While they had rebuilt a shed for processing the scallops and wakame it was clear that a lot of the equipment needed to make the job more efficient had not yet been replaced.

     

    The group helped pack wakame and prepare ropes used for growing scallops by inserting a plastic hook arrangement into the ropes. Both kids and adults went away with a sense of accomplishment after completing this work.


    On Sunday morning the group traveled from the Minshuku accommodation to the sports stadium behind Koala House for Street Rugby games. In total there were around 50 participants in the rugby with the local children and their parents getting involved in the fun.  After the rugby, the families were treated to kangaroo burgers, chicken and cheese from various parts of the world. Thank you to our sponsors, Roo Meat, JBS, Murray Goulburn and Kirin for your generous food and drink donations.


    Our next Volunteer Weekend is scheduled for May 2016. Look out for the event announcement in the coming months for details!

        


                     

     
  • 13 Nov 2015 2:26 PM | Anonymous

    Japanese small and medium sized companies (SMEs) were 'inspired' to do business with Australia and New Zealand at the launch of ANZCCJ's SME Support event series on 10 November. 


    The event was a resounding success as Japanese SMEs benefited from free, impartial advice from international trade experts on how they can succeed in importing, exporting or investing in Australia and New Zealand.

     

    The World Wine Bar venue and event sponsor, Penfold’s, ensured that the ambiance was relaxed and the wine flowed as did the conversation and networking.  The 40 Japanese SMEs who attended tapped into the business expertise of a large number of Business Advisors, who shared their passion and experience in doing business between Australia, New Zealand and Japan. 

     

    Global Business Circle’s (GBC) Asia-Pacific Director, Jacqui Gray attended as a business advisor and was impressed by the event, “It’s great to see so many Japanese SMEs here tonight taking the first step towards exploring the many business opportunities that exist in Australia and capitalising on the support that is available here in Japan to help them do this”.  Working in the UK, Japan and Australia, GBC provides international sales and marketing support and services alongside technical expertise to drive business growth for both public and private sector clients in multiple sectors around the world.

     

    Mr Kimura and Mr Kiyotomi from the Australian and New Zealand Embassies, highlighted the many opportunities available to Japanese companies wanting to do business in Australia and New Zealand alongside the wide range of Government support that is available to help them achieve success in these markets.

     

    Yukina Hirai, President of Foru Style Inc. spoke about her work with Bills restaurant in Sydney, and the experience and inspiration that it gave her when setting up her own cafe and online shop in Japan. Yukina’s passion for her business is contagious and she continues her focus to grow her business in Australia and Japan.

     

    Global Sky Group President Nagata Ko, who has received ongoing support from the Queensland State Government trade office in Tokyo to grow his company in Australia, New Zealand and Japan, shared his tips for business success.

     

    The close relationship enjoyed between Australia, New Zealand and Japan, particularly in the wake of the commencement of the Japan and Australia Economic Partnership Agreement (JAEPA) earlier this year, and the recent conclusion of negotiations on the Trans-Pacific Partnership (TPP) agreement, means that it has never been easier for Japanese companies to do business with Australia and New Zealand. 


    For further information about how your company can succeed in Australia and New Zealand please contact the Chamber at Cristina.Merino@anzccj.jp.  The second SME Support event, under the theme 'Discover', is scheduled to be held in February 2016.  Watch this space for updates.


       

    Inspirational Japanese SME case studies by Yukina Hirai, Foru Style Inc and Ko Nagata, Global Sky Group


  • 05 Nov 2015 4:30 PM | Anonymous

    Press release

    Australian beef industry announces academic exchange program


    5 Nov 2015


    Meat and Livestock Australia (MLA) today announced that from 2016 they will be sponsoring postgraduate students to travel between Australia and Japan, supporting innovation in the beef industry.


    The announcement of the program, part of MLA’s ‘Producer to Producer’ initiative, took place at the Australian Embassy in Mita. MLA will work with Hokkaido University’s meat science laboratory within the Faculty of Agriculture to deliver the program, which will grant up to 5 scholarships for post graduate students & academics from both countries to travel overseas for research opportunities.

    Australian Ambassador to Japan HE Bruce Miller and MLA Chairwoman Michele Allan were present at the announcement, alongside Professor Nishimura from Hokkaido University.


    Ms Allan said “Cattle farmers in both Australia and Japan share some of the same challenges. We will both need to improve productivity if we are to remain viable and take advantage of the opportunities provided by growing demand. The program will provide opportunities for future leaders in Japan and Australia to understand each other’s systems, and explore innovations that may benefit both countries in the future”.


    MLA, on behalf of the Australian beef industry, conducts various producer activities in Japan, including support activities for Tohoku cattle producers and communities whose livelihood was severely affected by the earthquake and tsunami in March 2011.


    These activities have now been extended to support the next generation of beef industry leaders, allowing upcoming academics to improve innovation in both countries.

     

     

    Japan-Australia Beef Exchange Program - Study Grants for Innovative future of Red Meat industry 2015-2016 (Study Grants)

     

    As a pilot program, the 2015-2016 Grants will provide opportunities for Japanese and Australian post graduate students and young academics, to:

    • Visit respective country and build academic network
    • Understand different operation dynamics and challenges/opportunities
    • Research and contribute findings to the both countries, in the areas of: Genetics, breeding and reproduction, animal nutrition, animal health and disease management, livestock production and animal management system, and meat science.

    Submission by interested parties will be reviewed by collaborating partners in Japan and Australia, and successful applicants will be notified accordingly. Details on submission requirements and schedule, will be identified during the Grant planning process.

     

    Successful applicants will be required to 1) post-research finding report to MLA and collaborating partners, and 2) discuss potential extension of their research findings with representatives from Tohoku prefectures to provide ongoing support to the reconstruction of Tohoku cattle industry.


    ---------------------------------------------------------------

    豪州牛肉業界が日豪研究者プログラムを発表

    次世代のイノベーション・リーダー達を支援

     

    2015115


    MLA豪州食肉家畜生産者事業団(MLA)は、日豪の大学院生および研究者を支援するプログラムを2016年に発足させることを発表しました。本プログラムは、牛肉業界における日豪の人的および技術革新の交流を促すためのものです。


    「日豪・牛肉産業・若手研究者交流プログラム」は、MLAが以前から行っている生産者連帯活動の一環として、在日オーストラリア大使館(東京都港区三田)にて発表されました。

    同プログラム実施にあたっては、MLAは北海道大学大学院農学研究院・食肉科学研究室の西邑 隆徳教授と協力、日豪の大学院生および研究員から寄せられた肉牛生産に関わる研究提案を選考した後、5件のテーマに研究奨励金を給付するものです。

    大使館における発表に際しては、ブルース・ミラー駐日オーストラリア大使、MLAアラン・ミシェル会長、そして西邑 隆徳教授も参加されました。またMLAが前回実施した「トゥゲザー・ウィズ・ジャパン奨学制度」に参加し、オーストラリアの農家滞在を果たした5名の学生のうち二人も同会に出席しました。


    アラン会長は「日豪の畜牛生産者は共通の課題を多く抱えています。世界的な食肉需要の伸びを産業の発展に役立ててゆくには、両国とも生産性のさらなる向上が不可欠です。今回の研究者支援プログラムは、日豪の将来を担う若い世代が両国の現状を理解し、将来へのイノベーションを追及するためのプラットフォームを提供してゆきます。」と述べています。

    トゥゲザー・ウィズ・ジャパン奨学制度に参加した福島県出身の菅野祥さんは「オーストラリアの生産者家族と暮らし、その経営や牧草管理を学ぶという、かけがえのない体験ができました。いつか自分も自ら牧場を経営し、オーストラリアの生産者と交流したいと思います」と語りました。菅野さんは宮城県の牧場に就職が決まり、来年4月から生産者としての生活をスタートします。


    MLAは豪州牛肉業界を代表し、「トゥゲザー・ウィズ・ジャパン」被災地支援活動を2011年から続けて参りました。被災から5年目となる来年に向け、2016年のプログラムはさらにその焦点を広げ、両国の牛肉産業を担う次世代、特にイノベーションをリードする研究者たちを積極的に支援してゆくものです。


     


  • 26 Oct 2015 3:30 PM | Anonymous

    42nd Joint Meeting of the Japan New Zealand Business Council

    Tomakomai: 18-20 October 2015

    Chairmen’s Summary

     

     

    The 42nd Joint Meeting of the Japan New Zealand Business Council was held over three days from the 18th to the 20th of October 2015 at Grand Hotel New Oji, Tomakomai, Hokkaido with the attendance of a total of 157 participants including 67 from New Zealand and 90 from Japan.

     

    At the Opening Ceremony, followed by the opening addresses of both chairs, Ambassadors HE Mr Toshihisa Takata and HE Mr Mark Sinclair, Hokkaido Governor Ms Harumi Takahashi, and Tomakomai Chamber of Commerce and Industry Chairman Mr Hiroaki Fujita delivered congratulatory addresses.

     

    Mr Tatsuhiko Yoshizaki, Chief Economist at Sojitz Research Institute, then presented Keynote Address titled “Japan – New Zealand Relations in Asia Pacific”.  Mr Yoshizaki said that the broad agreement of TPP is a significant development in the context of Japan’s FTA strategy, as well as a great achievement for New Zealand. He said he envisages the agreement will further promote activities to broaden “high quality FTAs” in the Asia Pacific Region including China, whose future participation he expects to see.

     

    At the First Plenary Session, under the theme of “Economic Overviews and Prospects”, speakers expressed their expectation that new investments and partnerships will be realised as a result of the recently concluded TPP agreement. The presentations were followed by active discussions on such topics as the impact of the declining birth rate and climate change issues on Japan’s economic growth.

     

    At the Second Plenary Session, under the theme of “Environment and Energy”, presentations were given on some business initiatives towards creating a low carbon society in the area of timber residential construction. Examples of activities to utilise sustainable usage of land and forest were presented.  There were calls from the floor for the New Zealand Government’s support and building of infrastructure to help the country to become the world’s leading forestry producing country.

     

    At the Third Plenary Session, under the theme of “Innovation and Technology”, latest examples of joint research in the area of geothermal energy and health science, and the introduction of robots in the field of nursing and agriculture were presented. The speakers emphasized the importance of collaboration and innovation in such a way that the strength of each country is fully leveraged.

     

    At the Fourth Plenary Session, under the theme of “Manufacturing”, two presentations were made. The first presentation introduced the company’s active overseas expansion strategy and business development, leveraging existing technology to respond to declining domestic demand in Japan. The second presentation introduced a success story of new business development made possible by using high quality wool from New Zealand.

     

    In the Fifth Plenary Session “Logistics and Port”, the Tomakomai Port’s efforts including building agricultural facilities which use new technology to attract companies and international projects such as testing of CO2 reduction.  Air New Zealand presented its efforts to expand its business with Japan.

     

    At the Sixth Plenary Session “Food, Agriculture, Forestry and Fisheries”, presentations were made on the development of smart agriculture with the use of robots, and also examples of collaborations between New Zealand and Hokkaido including the project which aims to add value to the dairy industry as well as the development of functional foods.

     

    At the Seventh Plenary Session under the theme of “Education and Tourism”, presentations were made on the importance of “sports tourism” which unites the two nations leading up to the Rugby World Cup 2019 and Olympics/Paralympics 2020, which will be held in Japan, and also about the new initiatives to increase the flow of international students between New Zealand and Japan.  The presentation also included speeches by alumni.

     

    The Eighth Plenary Session “Open Discussion – Japan and New Zealand: a value added relationship” featured comments on the expectation for increased collaboration on innovative research and development, and value-added business, as a result of the conclusion of the TPP agreement. 

     

    The Chairmen feel that this year’s joint meeting has provided a very good opportunity to deepen understanding of the importance of our partnership and new business opportunities, against the background of the new era brought about by the conclusion of the TPP agreement.  It was also valuable to undertake visits to local Tomakomai industrial plants to observe their first-class technology in action. 

  • 23 Oct 2015 2:43 PM | Anonymous

    Chinese Consumers: Impact on the Asia Pacific


    On Wednesday 21 Oct 2015, ANZ Chief Economist, Mr Warren Hogan, delivered an enlightening presentation about Chinese consumer trends and the significance of China’s economic development in the Asia-Pacific region. In particular, Mr Hogan focused on the opportunities and risks to Australian and New Zealand businesses if seeking to do business in China in the near future.


    Here are the key messages we took away from the presentation.


    • China’s private consumption is currently 38% of GDP, which is much lower compared to most of the world’s economies where consumption is around 50-70% of GDP. Thus, solely based on statistics China does not seem like an attractive market. The power of the Chinese market lies in its potential for long-term growth.
    • The growth in affluent and middle-class Chinese consumers has created one of the largest markets for luxury goods in the worls.  Chinese tourism spending hit a record high in 2014.
    • Chinese Government initiatives such as reforms to pension and medical insurance are also increasing consumer confidence in spending. These social safety nets contribute to an increase in household wealth and improved financial infrastructure.
    • Urban middle class spending is estimated to double over the next 15 years. Similarly, as business ties with China deepen, Australia’s exports to the country, both in goods and services, are forecast to almost double by the year 2030. The opportunities for Australia include education, tourism and services.
    • As China undergoes its evolution, affluent cities like Shanghai are expected to follow Hong Kong’s pattern of higher expenditure on personal items such as electronics, jewellery, leisure activities and education in the future.

     

    About the presenter:

    Mr Warren Hogan was appointed Chief Economist in 2010. He is responsible for ANZ Research, the Bank’s economics, commodities and financial markets research capability.


  • 23 Oct 2015 11:30 AM | Anonymous
    Report on the 2nd Future Leaders Roundtable

    53rd Annual Australia-Japan Joint Business Conference

    Fukuoka, October 4th, 2015


    The 2nd Future Leaders Roundtable under the auspices of the joint Australia-Japan Business Co-operation Committees (AJBCC-JABCC) was held in Fukuoka on October 4th, with 19 participants from Australia and Japan discussing their perspectives on potential “game-changing” issues impacting Australia and Japan and how they as a group might act as a catalyst for change through the framework of collaboration between the AJBCC-JABCC.















     

    ANZCCJ EC member, Gerard Adams, participating in the 2nd Future Leaders Roundtable at the53rd Annual Australia-Japan Joint Business Conference, Fukuoka, October 4th, 2015


    There were four main themes for discussion:

     

    • Education and Global Talent Management
    • Aging Societies
    • Diversity and Community Engagement
    • Cross-border Collaboration between Australia and Japan

    ANZCCJ Executive Committee Member, Gerard Adams, participated in the Education and Global Talent Management sub-group.  Gerard reported several exciting ideas that emerged from his group, including:

     

    • The importance of “mental mobility” and “cultural flexibility” as key elements of developing global talent
    • The value of “diagonal mentoring” across industries, and across generational, cultural and gender profiles
    • Promoting “externships” of business people into universities to help bridge the gap between business and education
    • The unique requirements of the under-35 “millennial” generation and their impact on the Japan-Australia relationship

    The ANZCCJ was mentioned for its specific initiatives to support Japanese and Australian future leaders, including its partnership with Showa Women's University, collaboration with the Young Entrepreneurs Group of the Japan Chamber of Commerce and Industry, and support of the Australian Government’s New Colombo Plan. 

     

    A full report of all the ideas and recommendations from the 2nd Future Leaders Roundtable will be published by the AJBCC-JABCC.  Members interested in learning more about this program may contact Gerard via the Secretariat Office.


    Contact Cristina Merino, Executive Director

    Cristina.Merino@anzccj.jp

  • 06 Oct 2015 6:00 PM | Anonymous

    New Zealand Embassy Tokyo

    6 October 2015

    Ministers welcome conclusion of TPP talks


    Prime Minister John Key has welcomed the successful conclusion of negotiations over the Trans-Pacific Partnership Agreement – New Zealand’s biggest free trade agreement.

    “This agreement will give our exporters much better access to a market of more than 800 million customers in 11 countries across Asia and the Pacific, and help Kiwi firms do business overseas,” Mr Key said in a statement released on 6 October. “In particular, TPP represents New Zealand’s first FTA relationship with the largest and third-largest economies in the world – the United States and Japan. Successive New Zealand governments have been working to achieve this for 25 years.”

    Trade Minister Time Groser said in a separate statement: “As a result (of the conclusion of negotiations), New Zealand will now have FTAs covering our top five trading partners – Australia, China, the United States, Japan and Korea.”

    “We’ve seen from previous FTAs, including the China FTA, how positive they have been for New Zealand trade and investment, and therefore in supporting jobs and growth for New Zealanders,” Minister Groser said.

    Economic Development Minister Steven Joyce and Primary Industries Minister Nathan Guy also issued a statement welcoming the Trans-Pacific Partnership as a great deal for regional New Zealand.

  • 06 Oct 2015 3:30 PM | Anonymous

    Trans-Pacific Partnership (TPP) pact to drive jobs, growth and innovation for Australia


    Media release

    6 October 2015


    Negotiations on the biggest global trade deal in twenty years, which first commenced more than five years ago, have been successfully concluded in Atlanta. 

    The historic Trans-Pacific Partnership Agreement (TPP) will deliver enormous benefits to Australia, including unprecedented new opportunities in the rapidly growing Asia Pacific region, with its rising middle class, for our businesses, farmers, manufacturers and service providers.  

    The TPP will establish a more seamless trade and investment environment across 12 countries which represent around 40 per cent of global GDP.

    In 2014, one third of Australia’s total goods and services exports – worth $109 billion – went to TPP countries, which also include Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, Peru, New Zealand, Singapore, the United States and Vietnam.

    Combined with our landmark trade deals with Korea, Japan and China, the TPP forms part of the government’s microeconomic reform strategy to support the diversification of our economy in this critical post-mining boom phase.

    TPP countries account for 24 per cent of the world’s trade in services. Australia’s services exports to TPP countries were worth $20 billion in 2014, almost 35 per cent of our total services exports.

    The TPP will enhance our competitiveness, promote growth, job creation and higher living standards.

    By setting common international trade and investment standards between member countries, the TPP will make doing business across the region easier, reducing red tape and business costs.

    It will slash barriers to Australian goods exports, services and investment and eliminate 98 per cent of all tariffs across everything from beef, dairy, wine, sugar, rice, horticulture and seafood through to manufactured goods, resources and energy.

    This deal will increase market access for Australian sugar into the United States for the first time in 20 years ¬— effectively doubling Australia’s entitlements. 

    Australia will have an additional quota of 65,000 tonnes base allocation, as well as a 23 per cent share of additional allocations into the U.S. market ¬— triple the previous amount.  

    This will take average annual exports of sugar from 107,000 tonnes to 207,421 tonnes. Based on USDA long-term projections, this could see Australia exporting over 400,000 tonnes of sugar to the U.S. by 2019-20.

    The offer from the United States is the largest made to any FTA partner since NAFTA was signed into law in 1993, and gives Australia equal access with Brazil, which is the world’s largest sugar producer.  

    The agreement significantly liberalises beef exports to Japan, and eliminates tariffs for beef into Mexico, Canada and Peru.

    The TPP provides a particularly good outcome for a broad range of Australian services including education, professional services, transport, financial services, and access for Australian goods and services exporters to government procurement markets in the region.

    Australia’s world-class Mining Equipment, Technology and Services (METS) and oilfield services sectors in countries like Vietnam, Malaysia, Mexico, Chile and Peru will also gain strong benefits.

    This 21st century agreement will address contemporary trade challenges and stand as a model for many other future trade agreements around the world.  The TPP’s new rules on state-owned enterprises (SOEs) will help Australian businesses to compete on a more equal footing with government-owned commercial enterprises in TPP markets and ensure that SOEs do not unjustifiably discriminate against Australian suppliers of goods and services.

    In regard to intellectual property, TPP will not require any changes to Australia’s patent system and copyright regime.

    The TPP recognises the importance of new innovative biologic medicines.  The government has delivered on its promise not to change Australia’s existing 5 years of data protection for biologic medicines or any other part of our health system, including our Pharmaceutical Benefits Scheme (PBS).  Concerns that the price of medicines would increase have proven to be absolutely unfounded.

    The TPP investment chapter provides a modern Investor State Dispute Settlement (ISDS) mechanism which contains safeguards to protect legitimate government regulation in the areas of health and the environment.  Australia will be able to ensure that tobacco control measures are never open to challenge, an issue on which we have been a leading voice.

    State of the art e-commerce provisions will promote a more liberal cross border environment for the flow and storage of data, while also ensuring appropriate consumer protections and retaining the right of governments to regulate in the public interest.  It will also improve access for small and medium-sized enterprises to increasingly important global value chains, with an emphasis on moving to paperless trading, making customs and export delivery more effective and efficient, along with user-friendly websites targeted at SMEs. 

    For investment, the TPP will create new opportunities and provide a more predictable and transparent regulatory environment.

    Australian investment in TPP countries has more than doubled in the last decade to reach $868 billion in 2014, a rise of 16 per cent over the previous year.  It represents 45 per cent of all outward investment.  Investment in Australia from TPP countries more than doubled in the last decade to reach $1.1 trillion in 2014, a rise of 10 per cent over the previous year.  Investment from TPP countries is 40 per cent of all foreign investment in Australia.  

    Conclusion of the TPP negotiations is the first concrete step towards realising the long-term vision of a Free Trade Area of the Asia Pacific. Importantly, the agreement’s open architecture allows for other members to join in the future which will amplify its benefits.


    TPP HIGHLIGHTS

    AGRICULTURE

    • Beef: Improving on the outstanding results from the Japan-Australia Economic Partnership Agreement the TPP further will reduce tariffs on Australian exports of beef to 9 per cent; tariffs on beef into Mexico and Canada will be eliminated within 10 years and the AUSFTA beef safeguard into the US will be eliminated;
    • Sugar: Australia has been granted an effective doubling of access into the US with an additional 65,000 tonnes from entry into force and additional future quota allocations which, based on USDA long-term projections, could see Australian sugar exports to the US climb above 400,000 tonnes by 2019-20; further levy reduction for high polarity sugar into Japan, adding further to the competitive advantage of JAEPA; elimination of the tariff on refined sugar into Canada; elimination of tariffs on raw sugar into Peru; and for the first time wholesale licencing arrangements for supply of refined sugar to the food and beverage industries in Malaysia will be liberalised.
    • Rice: For the first time in over 20 years, Australia will be able to export more rice to Japan and we have reached agreement on new administrative arrangements to facilitate trade. Rice tariffs into Mexico will be eliminated;
    • Dairy: With Japan: tariffs will be eliminated on a range of  cheeses covering over $100 million in existing Australian trade, and we will be given new preferential access for a further estimated $100 million of trade, building substantially on JAEPA outcomes.  There is also new quota access for Australia on butter and skim milk powder.  Australian exports to Japan of mozzarella for processing use will be duty free when blended with Japanese cheese
      With the US: We have won access for 9,000 more tonnes of cheese, as well as tariff elimination on milk powders and Swiss cheese.
      Australia will also gain new preferential access into Mexico and the highly-protected Canadian market;
    • Cereals: Tariffs will be eliminated on wheat and barley exports into Mexico (within 10 years) and Canada (upon entry into force).  There will be reductions of the mark-ups applied to wheat and barley in Japan and the creation of new quota arrangements beyond JAEPA;
    • Wine: Tariffs will be eliminated into Mexico (between 3 to 10 years), Canada (upon entry into force), Peru (within 5 years) and, for the first time, Malaysia  and Vietnam; and
    • Seafood: Tariffs into Canada and Peru will be eliminated on entry into force, Japan and Mexico within 15 years.

    RESOURCES AND ENERGY

    Australia’s exports of resources and energy products to TPP member countries were worth close to $47 billion in 2014, representing 30 per cent of Australia’s total exports of these products.

    • The TPP will deliver immediate elimination of tariffs on iron ore, copper and nickel to Peru;
    • Elimination of tariffs on butanes, propane and liquefied natural gas to Vietnam within seven years – Australian exports were valued at $9 million in 2014;
    • Elimination of Vietnam’s 20 per cent tariffs on refined petroleum – Australia exports were valued at $11 million in 2014;

    MANUFACTURING

    Australia’s exports of manufactured goods to TPP countries were worth an estimated $27 billion in 2014. New market access outcomes include:

    • Immediate elimination of tariffs on iron and steel products exported to Canada, and to Vietnam within 10 years;
    • Elimination of ship tariffs in Canada over 5 to 10 years;
    • Elimination of tariffs on pharmaceutical, machinery, mechanical and electrical appliances, and automotive parts to Mexico within 10 years;
    • Elimination of tariffs on pharmaceuticals to Peru over 10 years;
    • Elimination of duties on paper and paperboard to Peru over 10 years; and
    • Elimination of tariffs on automotive parts to Vietnam over 10 years.
    • Australian businesses will now be able to bid for tenders to supply goods (such as drugs and pharmaceutical products, electronic components and supplies) used for government purposes in Brunei Darussalam, Canada, Malaysia, Mexico, Peru and Vietnam.

    SERVICES

    • Mining Equipment Services and Technologies (METS) and oilfield service providers:  There will be major new commercial opportunities for our world class service providers, including through:
      • Mexico’s historic liberalisation of its energy sector; 
      • Vietnam opening its mining investment regime;
      • Brunei Darussalam and Vietnam locking in future reforms to local content regimes or otherwise committing to a level playing field between Australian and foreign suppliers providing goods and services in the mining, oil and gas sectors;
      • New rules on large state-owned enterprises like CODELCO, PETRONAS, PEMEX, VINACOMIN and PETROVIETNAM, which will help ensure that Australian goods and service providers can compete fairly for contracts.
    • Professional services: Malaysia has locked in recent reforms to the legal, architectural, engineering and surveying services sectors, removing a number of restrictions that have long been of concern to Australian SMEs;
    • Financial services: New opportunities for Australian exporters to TPP countries, with guaranteed ability to provide the following cross-border services: (i) investment advice and portfolio management services to a collective investment scheme and (ii) insurance of risks relating to maritime shipping and international commercial aviation and freight, and related brokerage;
    • Temporary entry of business people: Preferential temporary entry arrangements for Australian business people and their spouses into key TPP markets, including the waiving of work permits and provision of automatic work rights for spouses in Brunei Darussalam, Canada and Mexico;
    • Education Services: Australian universities and vocational education providers will benefit from guaranteed access to a number of existing and growth markets in Brunei Darussalam, Japan, Malaysia, Mexico, Peru and Vietnam, including being able to offer a wider range of courses to Vietnamese students, our third largest export market.  Australia will also be well placed to supply online education services. 
    • Transport services: Australian freight and logistics providers stand to benefit from enhanced commitments that support integrated logistics supply chains.  Australian providers of transport and logistics services in Malaysia and Vietnam will gain strong trade and investment protections for the first time.  The TPP will capture future liberalisation of investment regulations in aviation in Vietnam and freight trucking in Malaysia and Vietnam, key markets for our airlines and logistics providers.
    • Telecommunications services: Australian companies stand to benefit from the phasing out of foreign equity limits in Vietnam's telecommunications sector five years after the entry into force of the TPP and the ability to apply to wholly-owned telecommunications ventures in Malaysia.
    • Health services: Australian providers of private health and allied services will benefit from greater certainty regarding access and operating conditions in Malaysia, Mexico and Vietnam. 
    • Hospitality and tourism services: Australian suppliers of travel agency and tour operator services will benefit from guaranteed access in Brunei Darussalam, Canada, Chile, Japan, Mexico and Peru; and greater certainty regarding access and operating conditions in Malaysia and Vietnam.  Increased trade and investment among TPP countries will also increase demand for domestic tourism services and support the development of Australia’s tourism sector, particularly in rural Australia.
    • Government procurement: New opportunities for Australian business to bid for government procurement services contracts, such as:
      • Accounting, auditing and taxation services in Brunei Darussalam, Canada, Malaysia, Mexico, Peru and Vietnam;
      • Management consulting services in Brunei Darussalam, Malaysia, Mexico and Peru;
      • Computer and related services offered by all TPP Parties, along with maintenance of office machinery in Brunei Darussalam, Canada, Malaysia, Mexico, Peru and Vietnam;
      • Architectural engineering and other technical services in Brunei Darussalam, Canada, Malaysia, Mexico and Peru;
      • Land and water transport services in Brunei Darussalam, Malaysia and Peru;
      • Telecommunication and related services in Brunei Darussalam, Canada, Malaysia and Peru;
      • Environmental protection services in Brunei Darussalam, Canada, Malaysia, Mexico, Peru and Vietnam;
      • Education services in Brunei Darussalam, Canada, Japan, Malaysia, Mexico and Peru; and
      • Health and Social Services in Brunei Darussalam, Malaysia and Peru. 

    (Further details on the TPP services outcomes can be found in the following sector-specific fact sheets: Mining; Education; Professional Services; Transport and Logistics; Temporary Entry of Business Persons and Trade in the Digital Age).


    INVESTMENT


    The TPP will create new investment opportunities and provide a more predictable and transparent regulatory environment for investment.

    The TPP will promote further growth and diversification of Australian outward investment by liberalising investment regimes in key sectors such as mining and resources, telecommunications and financial services. 

    Australian investors will also benefit from preferential investment screening thresholds.  For example, Australian investments into Canada below CA$1.5 billion will not be screened. 

    Australian investors will also benefit from commitments offered by Japan, Vietnam and Brunei to only impose conditions on foreign investment on the initial sale of interests or assets owned by the government.

    The TPP will promote further growth and diversification of foreign investment in Australia by liberalising the screening threshold at which private foreign investments in non-sensitive sectors are considered by the Foreign Investment Review Board (FIRB), increasing it from $252 million to $1,094 million for all TPP countries.

    Under the TPP, Australia has retained the ability to screen investments in sensitive sectors to ensure they do not raise issues contrary to the national interest.  All investments by foreign governments will continue to be examined and lower screening thresholds will apply to investment in agricultural land and agribusiness. 


    WORKER AND ENVIRONMENTAL PROTECTIONS


    The TPP includes requirements for the highest labour and environmental standards including requiring TPP parties to combat wildlife trafficking and address illegal logging and illegal fishing, as well as reducing subsidies that cause the depletion of global fish stocks.


    NEXT STEPS


    Detailed information on the TPP outcomes will be available progressively from 9:00 am AEST on Tuesday 6 October on the DFAT website at: http://dfat.gov.au/trade/agreements/tpp/

    TPP negotiating parties are now finalising arrangements for the release of the TPP text, and it will be released well in advance of signature.

    Each country will then undertake its domestic treaty-making process.  For Australia, this will involve tabling the treaty text in parliament along with a National Interest Analysis and a review by the Joint Standing Committee on Treaties to which all interested parties can make submissions.


    Media enquiries

    • Trade Minister's Office: (02) 6277 7420
    • DFAT Media Liaison: (02) 6261 1555

     

  • 06 Oct 2015 3:00 PM | Anonymous

    Historic Asia-Pacific Trade Agreement opens new era of opportunities

    06 October 2015

    Prime Minister

    Minister for Trade and Investment

    The Hon Andrew Robb AO MP

    The conclusion of negotiations today on the landmark Trans-Pacific Partnership (TPP) Agreement ushers in a new era of economic growth and opportunity across the fast-growing Asia-Pacific.

    Australia and the Asia-Pacific region are undergoing significant economic transformation. The TPP allows us to harness the enormous opportunities this presents as we look to build a modern Australian economy that can face the challenges of the 21st century.

    The TPP writes regional trade rules which will drive Australia's integration in the region and underpin our prosperity.   It builds on Australia's successes in concluding trade agreements with China, Japan and Korea and delivers more again.  As a regional trade agreement, the TPP creates benefits for consumers and businesses beyond those that can be achieved under bilateral FTAs – helping to create jobs and a stronger Australian economy. 

    The 12 TPP countries make up about 40 per cent of global GDP.  Last year, one third of Australia's total goods and services exports – worth $109 billion – were sent to TPP countries.

    The TPP market access outcomes are ambitious and comprehensive, with benefits across the Australian economy.

    ·         The TPP will eliminate over 98 per cent of tariffs in the TPP region, removing import taxes on around $9 billion of Australian trade.

    ·         The TPP will drive significant growth in our world-class services industries. Australian universities will be able to expand their education services into major southeast Asian export markets, including Vietnam, our third largest export market for those services.  Liberalisation of Malaysia's professional services markets will create major new opportunities for our lawyers, architects and engineers. The TPP secures new commercial opportunities and guaranteed access, including in the education, financial, legal, mining services, transport, telecommunications, health, and tourism services sectors.

    ·         Our farmers will benefit from gains above and beyond our existing FTAs.  In 2014, around 40 per cent, or $14 billion, of Australia's agricultural exports were to TPP countries.  Improving on the outstanding results from the Japan-Australia Economic Partnership Agreement, the TPP will reduce tariffs on our beef even further – down to 9 per cent.  Significant new access into all TPP parties for dairy, including some of the most heavily protected markets in the world, will foster growth in our dairy exports to TPP countries, which are already $1 billion annually.

    ·         For the first time in over 20 years, Australia has secured guaranteed new access to the US sugar market under the TPP.  Japan will eliminate tariffs and significantly reduce the levy on high polarity sugar, putting our exporters at a distinct competitive advantage.  Tariffs on seafood will also be eliminated along with the vast majority on horticulture products.  New preferential quota access will be created for grains and cereals and Australian rice

    ·         For Australian manufacturers, the TPP creates new market access opportunities for exporters by eliminating or significantly reducing tariffs on iron and steel products, ships, pharmaceuticals, machinery, paper and auto parts.

    ·         All remaining tariffs in TPP countries on Australian minerals, petroleum and LNG exports will be eliminated.

    ·         Forty-five percent of Australia's outward investment is in TPP countries. The TPP will unlock new outward investment opportunities, and promote growth and diversification of foreign investment into Australia. A robust and modern investor-state dispute settlement mechanism will protect Australian investors overseas, as well as the government's right to regulate, including on public health.

    Beyond market access, the TPP creates a single set of trade and investment rules between its members – making it easier and simpler for Australian companies to trade in the region.

    ·         The TPP's new rules on state-owned enterprises will assist Australian businesses to compete on a more equal footing in TPP markets.

    ·         State of the art e-commerce provisions will support the digital economy, promoting consumer protection and more a liberal cross-border environment for electronic commerce

    ·         The TPP's labour, environment and anti-corruption chapters will support efforts to combat corruption and improve labour rights and environmental protection. 

    Importantly, the TPP will not require any changes to Australia's intellectual property laws or policies, whether in copyright, pharmaceutical patents or enforcement.  Australia's five years of data protection for biological medicines will remain unchanged. The TPP will not increase the price of medicines in Australia.

    The TPP countries are: Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, Peru, New Zealand, Singapore, the United States and Vietnam.


    For further information, refer to the Department of Foreign Affairs and Trade website

     

  • 02 Oct 2015 3:56 PM | Anonymous

    How Twitter Can Help Your Business Grow

    Predicting and Preparing for the 2015 Holiday Season with Tweets


    by Lucy Zhou


    Since its launch in 2006, Twitter has engulfed the social media world like a huge typhoon. With over 300 million active users per month worldwide, sending 500 million live tweet updates daily in 35+ languages, Twitter presents a barrier free information sharing platform that can transcend time and place. In 2013 there were close to 2.8 million Twitter users in Australia; as well as 350 thousand in New Zealand.[i] Whereas Japan – one of the top five tweeting countries – had around 18 million users per month which accounted for nearly 10% of the worldwide tweets in the same year.[ii]  According to eMarketer, 20.5% of the Japanese population currently use Twitter. In fact, the Japanese iOS App for Twitter is the only Twitter app to have a news tab function in the world.


    On Thursday 1 October 2015, Mr Yu Sasamoto, Country Manager of Twitter Japan gave an insightful #Tweetorial on how Twitter can help businesses predict and prepare for the holiday season via the analysis of tweet patterns in 2014.


    The following shows a tweeting trend near Christmas time in 2014.



    As we can see, after the September/ October Halloween boom, Twitter users start to anticipate the coming of Christmas. Street decorations, weather changes and Christmas carols serve to continuously remind people of this joyful event. However, it is not until December that the real panic reaches its peak and when users scramble to find companions for the special day or buy presents for friends and family. It can be predicted that sales of goods also rise significantly during this period.


    Tweets flood the internet on Christmas Eve, especially from 7 – 11pm. People who’ve spent the day alone were usually cooped up at work. Whilst people who spent Christmas with their significant other, friends or family went to theme parks and Christmas-themed markets or concerts. 

    Christmas parties, live concerts and dates were the most common activity that day. Thus marketing at such events might help boost sales.


    Christmas is the season for shopping. Twitter analysed the top items that were tweeted by users along with 「ほしい」(want) and「もらった」(received) from September to December 2014 and found that the most popular gifts given were sweets, clothes and accessories. However, what users really wanted was electronics, brand items and hobby-related gifts. There is a clear discrepancy between what presents users wanted and what they actually received. Consequently, possible hashtag campaigns on twitter, for example, “#MyChristmaslist” or “#マイクリスマスリスト” might help identify needs for not only users themselves, but also businesses to anticipate supply and demand for certain products.


    We look forward to following you on Twitter as you engage with your customers this holiday season!

      

    References:

    [i] http://www.adcorp.com.au/news-blog/Social-Media-Statistics-–-November-2013

    [ii] http://www.adweek.com/socialtimes/twitter-japan-users-growth/613663


    About the writer:

    Lucy is currently an exchange student at University of Tokyo and is studying Law/ International Business at the University of New South Wales in Australia. She has started an internship at the Chamber from October 2015. Lucy looks forward to seeing you at future Chamber events.


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