Import Export in Australia
- Author Gen Wright
- Published July 31, 2009
- Word count 509
Business enterprises and companies from all around the world have always been impressed by the professional and straightforward approach adopted by Australia when it comes to conducting import export business. Countries that have predominantly English speaking population like United States of America, Canada and United Kingdom are all the more attracted to expand their businesses into Australia as one of the main obstacles for developing international business relation – foreign language, does not exist.
While conducting business with any country in the world entails understanding import export in terms of products manufactured or required and services provided or needed, one must also take note of the population and its spending power while choosing a country as a potential market place. Although the population of Australia is not that big in numbers, it must be noted that the country is ranked fifteenth among the world's largest economies and the greater part of its population has quite high buying power.
Businesses across the world are encouraged by the flexible tariff policies and minimum entry barriers adopted by Australia to easily establish their base in Australian market and expand their business. Australia supports enterprises from all around the globe to invest in Australian markets and this is confirmed by its affiliation to several International Trade Groups. The Closer Economic Relations (CER) agreement between New Zealand and Australia nearly do away with duties on goods produced or manufactured in New Zealand. On the other hand, the Canada and Australia Trade Agreement (CANTRA) provides the similar advantage to Canada.
However, like every other country in the world, Australia too has certain import controls on some goods such as plants, certain types of foods, drugs, firearms, protected ancient or cultural heritage things and automobiles among many other things. Exporters must also take note that though Australia encourages number of imports, it is also very restrictive when it comes to protecting the interests of its local businesses and takes quick definitive steps on identifying the bad influences of the same on its local industry.
Trading and learning about the products and services allowed for import export in Australia is a quite easy process that is comparatively easier for the countries that have English speaking population. This is because the Commerce (Trade Description Act) 1905 of Australia insists upon that the trade descriptions listed on the goods exported from countries must be made in English. For promoting import export in Australia, it exempts shipments with an FOB value that does not exceed the $2000 (AUD) limit from paying export entry duty. Though duty is not charged on such exports, the Australian Harmonized Export Commodity Classification (AHECC) makes it mandatory that the classification of the goods is stated correctly.
Studying and understanding the rules, that clearly list certain things and items that are prohibited under the law, is must for anyone looking to conduct import export in Australia. Certain imports like fruits, particular minerals and chemicals, animals and marine creatures are prohibited under the Australian law. In addition, items described dangerous by International Air Transportation Association (IAIA) also cannot be imported.
Learn more about Export Import Australia or Australia Export Import.
Article source: https://articlebiz.comRate article
Article comments
There are no posted comments.
Related articles
- The Silent Saboteur: Unraveling the Health Risks of Being Overweight.
- “Chaos Behind the Camera: Legendary On-Set Feuds and Filmmaking Nightmares That Changed Hollywood Forever.”
- The Expanding Burden: How Excess Weight Reshapes Human Health
- “Alternate Reels: How Cinema Might Have Changed if History Rolled Differently.”
- ICCTA Successfully Completes Second Beijing International Week of Intangible Cultural Heritage
- Weight Loss Myths: The Hidden Truth Behind Why So Many People Struggle to Keep the Weight Off
- CNC Milling In The Prototype-To-Production Process: How It Speeds Up Product Development
- The Hidden Truth About Weight Loss: Why Your Body Resists and How to Work With It.
- “Francis Ford Coppola: Genius and Chaos in the Making of a Hollywood Legend.”
- Why the ARRI Alexa Mini Still Outnumbers Every 4K Flagship on Professional Sets
- Beyond the Scale: The Real Truth About Weight Loss and Weight Management.
- “Marlon Brando: The Actor Who Changed Hollywood Forever.”
- “The Genius and the Scandal: Woody Allen’s Films and the Shadows Behind Them.”
- Grounded Farmhouse Living: The Soul of Vintage Furniture
- “Leonardo DiCaprio: The Reluctant Star Who Redefined Hollywood Stardom.”
- The Grounded Bohemian Home: Hand-Painted Antique Doors & Vintage Furniture
- “Behind the Curtain: The Private World of Raymond Burr.”
- Cabin Decor: A Perfect Mountain Hideaway
- Vintage Carved Wood: Where Ancient Symbols Meet Vibrant Color
- “From Pixels to Projectors: How Video Games Reshaped Modern Cinema.”
- Zimbabwe News as a Catalyst: How Informed Journalism is Shaping a New African Reality
- Africa News and the Information Imperative: Forging an Informed Society in the Age of Misinformation
- Uganda News as a Microcosm: How Quality Journalism is Building an Informed African Society
- Kenya News: A Blueprint for an Informed Africa
- Ghana News and the Quest for an Informed Africa
- Nigeria News and the Heartbeat of an Informed Africa
- “The Art of the Slow Burn: Revisiting 1970s American Cinema.”
- Designing a Bedroom Around a Single Bed That Grows With Your Child
- The Perfect Guest Bed: Why a Three-Quarter Bed is a Host's Best-Kept Secret
- Your Bedroom, a Five-Star Retreat: How a King Bed Creates a Luxury Hotel Vibe