From www.abc.net.au: The United States’ beef exports to China have ceased due to unrenewed export licenses for American abattoirs, allowing Australia to significantly increase its grain-fed beef exports to China, which rose nearly 40% in February and March compared to last year.… read more
From www.icaew.com: Trade between the US and China in 2024 revealed significant exports from China to the US amounting to $439 billion in goods and $23 billion in services, while the US exported $144 billion in goods and $55 billion in services.… read more
From www.pwc.com.au: Prime Minister Anthony Albanese proposed a five-point plan to respond to recent U.S. tariffs on Australian imports, which includes $1 billion in zero interest loans via the National Reconstruction Fund Corporation to support affected sectors.… read more
From alvarezandmarsal.com: Trump’s “America First Investment Policy” and changes in international tax treaties are shifting tax policies, impacting areas like withholding taxes, permanent establishments, and individual income tax exemptions.… read more
From alvarezandmarsal.com: (Webinar) Upcoming changes in trade and tariffs, deeply influenced by the U.S. Administration’s America First Investment Policy, necessitate businesses to adapt and strategically navigate tariff policies for success.… read more
From bdo.com.au: U.S. global reciprocal tariffs pose potential cost increases and delays for Australian exporters, with particular impacts on the manufacturing and agriculture sectors.
In response, the Australian Government has implemented strategies such as allocating funds to the anti-dumping commission, assisting affected industries, and establishing a strategic reserve for critical minerals.… read more
From www.aumanufacturing.com.au: The article discusses the resurgence of domestic manufacturing policies in response to vulnerabilities exposed by the COVID-19 pandemic and geopolitical tensions, particularly trade wars and China’s manufacturing dominance.… read more
From www.claytonutz.com: Australia will implement a ban on the import, export, use, and manufacture of three types of PFAS: PFOS, PFOA, and PFHxS, effective from July 1, 2025.… read more
From au.andersen.com: US President Donald Trump has declared a 10% tariff on most goods imported from Australia from 5 April 2025, a drastic change from the previous benefits under the Australia-United States Free Trade Agreement.… read more
From hallandwilcox.com.au: On April 3, 2025, President Trump announced new trade tariffs, including a 10% baseline tariff on imports from most countries and significantly higher rates for China and the European Union, causing immediate disruptions in shipping and trade.… read more
From www.accountantsdaily.com.au: Small businesses in regional NSW are expected to face significant challenges due to US President Donald Trump’s newly implemented 10 percent tariff policy.… read more
From alvarezandmarsal.com: This comprehensive guide navigates through the critical income tax accounting insights under ASC 740 for Q1 2025.
It covers key areas including the legislative and regulatory environment, tax law changes, accounting standards updates, state legislation changes, and international tax developments.… read more
From www.abc.net.au: The Australian dollar has fallen below 60 US cents, reaching a low of 59.33 US cents shortly after 8 am AEDT, marking its lowest value since the COVID-19 pandemic.… read more
From alvarezandmarsal.com: Rising tariffs and shifting trade agreements are transforming global trade dynamics, particularly impacting ASEAN exports and necessitating a strategic rethink of operational strategies.… read more