Topic “Australia” — Exporter Magazine

Changes to the Rules of Origin under the Australia New Zealand Closer Economic Relations Trade Agreement (CER), will reduce costs for exporters, according to ab an online report cby Fibre2Fashion, citing Customs Minister Maurice Williamson and Trade Minister Tim Groser. The strength of the Australian dollar is hurting Australia’s wine sales in the US and popular wines are being replaced by cheaper product from Argentina as well as flavour-of-the-month labels from New Zealand, according to Stuff.co.nz. New Zealand Winegrowers’ global marketing director Chris Yorke said the results from the two competitions are a boost to the profile of the New Zealand wine industry at a time when it is working to continue its success in Australia and expand its presence in Asia. The Queensland government has announced that the Port of Brisbane, one of Australian’s fastest growing container ports, will be sold for AUD$2.3 billion NZD$2.9 billion) to Q-Port Holdings, a consortium of Middle Eastern and local investors, according to the Shipping Gazette, citing the Australian Broadcasting Corporation. Australia will be granted easier access to the EU markets for its wine industry, but will not be allowed to use names associated with European wines, according to New Europe’ online report.