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Economy

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“Business saved the nation”, says Business Council CEO

Over the past 18 months, in every challenge, business has stood alongside Australians through their darkest days. From the sheer devastation of the bushfires through to the uncertainty of COVID-19 lockdowns, border closures and now the recovery, we’ve been there. Businesses of all shapes and sizes have demonstrated that they’re the glue that keeps communities

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IMF significantly upgrades Australia’s economic outlook for 2021

The International Monetary Fund (IMF) has upgraded Australia’s economic growth outlook in its latest World Economic Outlook. Amid continued “high uncertainty” globally, the IMF has confirmed our economy is recovering from the COVID-19 crisis faster and stronger than previously expected. Australia’s economy is forecast to grow by 4.5 per cent in 2021, one percentage point higher than

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$2.4 billion boost to the economy as government cuts red-tape for tradies

The Morrison Government will provide a $2.4 billion boost to the economy by cutting red tape as part of our Economic Recovery Plan to allow for a uniform scheme for automatic mutual recognition (AMR) of state and territory based occupational licences and registrations. Under this reform, builders, electricians, plumbers, architects, real estate agents, security guards and

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Victorian business is bouncing back strongly

Treasurer Tim Pallas today released the State’s Mid-Year Financial Report, which shows that more than 170,000 people found employment between September and December 2020 – the highest increase in the nation. The boost in employment shows Victoria is well on the path to reach a target of creating 400 000 jobs by 2025, with half

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Discount flights to bring tourists to Hobart to fuel local recovery

Thousands of extra visitors will fly into Hobart giving the local economy a major boost, after the city was added to the list of tourist destinations in the Coalition Government’s new Tourism Aviation Network support package. The Government this week announced it was offering 800,000 half-price tickets to Australians who fly to tourist destinations impacted

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$250 individual stimulus payments to promote economic recovery

Around $1.3 billion will land in eligible Australians’ bank accounts from this week, as the Morrison Government delivers a fourth Economic Support Payment. As part of the COVID-19 Response Package introduced last year, a further two Economic Support Payments were announced for delivery in December 2020 and March 2021. Minister for Government Services Stuart Robert said the Economic

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Australia one of only nine nations to maintain AAA credit rating worldwide: economy on “stable path to recovery”

Australia’s AAA credit rating has today been reaffirmed by Fitch, with Australia one of only nine countries to hold a AAA credit rating from all three major credit rating agencies. In its report, Fitch notes that our economy “has weathered the pandemic well compared with peers”, pointing to Australia’s “successful virus containment” and an “effective

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Tasmanian SMB exporters continue to rise despite pandemic

Tasmanian exports increased by 1.2 per cent in 2020 compared to the previous year despite the significant disruptions caused by the global pandemic, according to the latest ABS data. These results saw Tasmania record the third highest annual growth in the country, and are very encouraging indicating more positive signs about confidence and our economy.

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Small businesses urged to register assets before insolvency explosion

The Australian Small Business and Family Enterprise Ombudsman (ASBFEO) Kate Carnell says it is essential for small business owners to secure their assets and business loans, with economists predicting a steep rise in insolvencies this year. Ms Carnell says small businesses need to secure their assets through the Personal Property Securities Register (PPSR) so they

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RECEIVE GOVT GRANT OF $10K to $250K*.

Austrade Approved Business Events
AVAILABLE NOW APPLY BEFORE 30th MARCH 2021 (Condition apply)

  • ABF Events are approved and listed below have been certified by Austrade on the Schedule of Approved Business Events.
  • This allows exhibitors, sponsors, delegates and partners to participate in the Business Events Grant Program. Note event bookings need to be confirmed ASAP to participate in the grant program
  • The program provides 50% rebate (based on a minimum spend of $20k) for approved items including ABF event-media packages, exhibition stands, corporate function tables, delegate registrations.
  • Govt Grant applications are now open until the 30 March. Please contact ABF to discuss how we can assist, we have experts to assist grant applications.
  • Grant funding will cover up to 50% of eligible expenditure incurred in participating at pre-approved business-to-business events as buyers or sellers during the 2021 calendar year.  All grant applications must be submitted for approval via the following link: https://business.gov.au/grants-and-programs/business-events-grants
  • For further information please see this fact sheet.

GOVT GRANT OF $5K to $250K

Austrade Approved Business Events AVAILABLE NOW
APPLY BEFORE 30th JUNE 2021 (Condition apply)
Sponsor, Partner, Exhibitor and Speaker Packages Available