Fifty years ago Australia’s main export market was the United Kingdom, shipping wool and wheat. Today over 83% of all Australian exports are going to Asian countries. Nuts and grains – specifically, nuts - are climbing the ranks of top exports.
Author
Business Asia Hub
Bringing together the best Government, industry and peer information so Australian businesses can be confident about trading with Asia.
Recently Published Articles
The huge Chinese opportunity presenting itself to Australia
While the health and aged care business stream attracted 130 Australian delegates and almost as many Chinese attendees at the first day of talks in Beijing, a planned mining stream was scrapped due to low interest.
New Chinese tourist trend creating opportunities for Australian businesses
More Chinese tourists are starting to prefer free independent travel over group tours, according to data from Tourism Australia.
China’s healthy appetite for Australian wellness
Australian businesses in the healthcare sector are well positioned to capitalise on significant changes in the Chinese healthcare system as major demographic shifts unfold in the world’s second largest economy.
Strategic alliances and partnering in Asia
You may have reached a point where you’ve decided to explore alternatives to exporting alone to Asian markets. Forming a strategic alliance with another business of similar size and market presence can often be mutually beneficial. It’s important to understand how these kinds of partnerships work – and what the benefits are for your business.
The door to China opens for Australian healthcare
China’s rapid economic development and urbanisation have had a major impact on the health of city-dwellers. Changes in diet and lifestyle have triggered an increase in the incidence of chronic ‘western’ illnesses such as diabetes and coronary heart disease. And, while greater wealth, improved living conditions and access to better medical care are extending lives, an ageing population brings its own set of challenges.
What we can learn from China’s exploding start-ups
How many of some of Australia’s most innovative entrepreneurs does it take to catch a cab? If that cab is in Beijing, it seems quite a few.
How Mornington Peninsula Brewery met the challenges of exporting to Asia
For Matt, beer is liquid gold that will always go some way to curing what ails you. However, it’s the social aspects behind it that he believes is the real cure.
How one dairy farm expanded to Asia and became an industry leader
It’s one of those stories you read about and wonder if it’s true – how a business started out with a small offering and grew into an industry leader.
The fastest growing economy in the world: Rajeev Bhargava, GM NAB India
The International Monetary Fund expects India to retain and strengthen its recently acquired tag of being the fastest growing economy in the world.
Making international payments quickly and easily
More Australian businesses are doing business overseas and with advances in technology and the strength of the Australian dollar, more and more small businesses are choosing to import goods from overseas suppliers.
Opportunities for Australian business
The China Australia Free Trade Agreement (ChAFTA) is a source of significant optimism for many of our business clients, most notably our small and medium sized business clients who are the key employer base in Australia and who generate a significant percentage of our country’s economic activity.
There’s never been a better time for Aussie start-ups in China
Whether Australian businesses realise it or not, China’s e-commerce giants are clearly jostling for the best position to take advantage of Australian products and services.
Free trade agreements and what they mean for your business
As an exporter, you’ll want to take advantage of any reduced costs that come your way. Free trade agreements (FTAs) do just that – and will make certain markets more attractive than others because of the greater opportunities for your business.
Asia’s accelerating meat demand: An opportunity for Australian meat and dairy exporters
Asia’s accelerating meat demand and its proximity to Australia and New Zealand should place meat and dairy export heavyweights in good stead.
How Careline went from a small shop in Parramatta to a global exporter
When Careline first entered the international market place with their infant formula products, they faced some very tough competition and had not yet developed relationships with big local distributors. Now, they can successfully boast China as one of their main export markets, along with Thailand, Singapore, Macau and Hong Kong.
Pricing in Asia – what to watch out for to make a profit
Exporting goods and services to an offshore Asian market might be the next step to growing your business – and pricing will be vital to your success. Get it right and you’ll become established and make a profit.
11 tips for anyone keen to grow their business in China
Here are 11 tips for success in China which Mr Montgomery shared with the health and aged care business stream of the Australia Week in China conference in Beijing.
What Free Trade Agreements mean for importers
Australia’s Free Trade Agreements (FTAs) can have a significant impact on businesses sourcing materials from Asia, or elsewhere around the globe. It can make it easier, cheaper and faster for both you and the business you’re buying from.
Attending and exhibiting at trade shows
Gain awareness and credibility by attending and exhibiting at trade shows. Not only can trade shows increase your visibility among potential customers, they can also provide you with rich insights and market research.
Simplify your China transactions with Renminbi
If you’ve been thinking about improving the efficiency of your importing or exporting business with Australia’s largest trading partner, here’s a more efficient way to settle trade transactions in China.
Do your homework when expanding in to the Chinese market
After a hard day’s work, sometimes it’s easier to just phone and order a pizza - one with say, scrambled eggs and potato on top? What might sound to the average Australian as an interesting choice of topping, is actually Domino’s Pizza’s most popular product in the Chinese market.
China is open for business and Australian SMEs are in the hot seat
Australian businesses, especially SMEs, still have a lot to learn about China’s burgeoning e-commerce opportunity, says Alibaba’s Director of Business Development John O'Loghlen.
Australia ranked most favourable country to conduct business for Chinese business leaders
Australia is ranked the most favourable country to conduct business by Chinese business leaders and business engagement between Australia and China is expected to increase over the next 12 months, a new report has found.
Stay focused on the huge opportunities in China, says SA Trade Minister
The trade minister said it was a good time for Chinese businesses to take advantage of low prices in the resources sector to position themselves for the upswing in resources, oil and gas.
Getting the right foreign exchange solutions
Your business can benefit by getting the FX solution that best suits your needs.
Accepting UnionPay International payments
Imagine 800 million buyers at your door.
Cleaning up in Asia
Think ‘China’ and do you think of massive competition or massive potential?
Caring for China: Why the opportunity has never been greater
By 2050, demographers say close to 40 per cent of China's population will be above 60. But what is a worrisome burden for the Chinese government and families, is also an opportunity for Australian businesses.
Taking advantage of government support, subsidies and grants
Whether you’re currently exporting to Asia or merely thinking about it, a wealth of Australian Government and state support, subsidies, and grants are up for grabs. Taking advantage of any grants, subsidies, support or assistance on offer can help your business expand into overseas markets.
Which country is the new gateway to global networks for SMEs?
Research has identified that the Australia-China economic relationship is broader than previously assumed, with considerable new growth opportunities for Australian businesses in agribusiness, manufacturing, real estate, tourism, education and finance and professional services.
Get paid faster by accepting online payments
Cindy Batchelor, Executive General Manager NAB Business presents the best ways to take your business online.
Importing rules and regulations
If your business needs to import raw materials or goods, there are a few bases you’ll have to cover to ensure you’re importing within the law. You can’t simply import anything; some items are illegal while others are banned from certain countries.
NAB supporting Australian agribusiness to make the most of opportunities in Asia
Australian Agribusinesses are beginning to realise the advantages of our geographical proximity to Asia and the tremendous economic benefits it will bring.
Will your business be able to increase its capability to satisfy export demand?
Growing a sustainable export business requires vision, knowledge, planning – and funds. It’s a costly endeavour that demands exceptional management of your time and resources.