MarineBusiness-World.com
 
 
News Home FishingBoating Photo Gallery Australian Cruising Sail-World Australia
Sail-World.com : AIMEX: changes to EMDG a concern for marine export sector
AIMEX: changes to EMDG a concern for marine export sector


'CEO of AIMEX, Mary-Anne Edwards.'    Jeni Bone    Click Here to view large photo
Despite a slipping Australian dollar and some resurgence in the US market, AIMEX states the Australian manufacturing and export industry requires as much support as possible to survive.

Margins have been decimated, demand has been at an all-time low, someone has to ask why the government at a time like this decides to reduce funding and increase criteria for the Export Market Development Grants (EMDG) Scheme.

The EMDG scheme is targeted at Australian exporters, predominately manufacturers, and traditionally has been an investment by the government to drive export sales for the economy.

It has proven to be incredibly successful since its inception in the 1970’s. AIMEX CEO Maryanne Edwards says 'AIMEX member research showed that 60% of marine industry exporters claim the scheme played a significant role in getting them into export, while over 20% maintained that without the scheme they would not export at all.'

Funding for the scheme has been on a downward spiral since 2010 at a time when exporters need it the most.

The EMDG Scheme amendment bill 2013 is now in the Senate. This bill sees the allowable years of funding for the US, Canada and EU cut from 7 to 5 years. Whilst it is important for businesses to look at the opportunities that may come from emerging markets it is critical for survival that established markets continue to play a significant part of any export strategy.

AIMEX along with other key export bodies is recommending that the status quo be retained and that the incoming government undertakes a detailed review of trade and investment, the EMDG scheme and the funding of its major trade agency, Austrade.

Changes to the EMDG scheme to reduce claims for established markets will affect export revenue and ultimately jobs and sustainability in the export sector.

More at www.aimex.asn.au


by AIMEX

  

Click on the FB Like link to post this story to your FB wall

http://www.marinebusiness-world.com/index.cfm?nid=111024

9:18 PM Wed 19 Jun 2013GMT


Click here for printer friendly version
Click here to send us feedback or comments about this story.

Click for further information on
2013 AIMEX news and events

Related News Stories:

10 Jun 2013  Superyacht Australia clarifies carbon tax information
04 Jun 2013  Networking: Superyachts seek info on cruising Australian waters
22 May 2013  Australian Marine Export and Superyacht Industry Awards revealed
01 May 2013  Superyacht Australia focus on Asia at Singapore Superyacht Conference
17 Mar 2013  South African distributor for SOS Marine’s Dan Buoy
10 Mar 2013  SOS Marine's new distributor in the US
05 Mar 2013  2013 Club Marine Industry Export & Superyacht Awards - closing soon
26 Feb 2013  Australian superyacht industry Hall of Fame Award returns
26 Feb 2013  Victorian marine sector innovation drives interest in Dubai
05 Feb 2013  Club Marine Australian Marine Export & Superyacht Awards - now open
MORE STORIES ...







Marine Business News



































































Ocean Marina Pattaya Boat Show drives marine tourism in Pattaya
CKIPM Marine Group reveals agreement with Korean Government
Ben Ainslie Racing partners with Yamaha Motor in the UK
Collinson FX Market Commentary: September 16, 2014 - UKP gets Jimmied
Where the audience is matters a lot for advertisers
Auckland Water Boatshow: Practice session for Guinness World Record
Brisbane to host new boat show at Manly on Moreton Bay *Feature
Impressive line-up for Marina Investment Seminar
Penske Automotive to expand presence in Australia
Great Barrier Reef plan released for comment
Superior prepares for Monaco Yacht Show debut *Feature
Impressive new catamaran set to power onto world stage
RYA Advanced Powerboat Handbook unveiled at PSP Southampton Boat Show
2014 PSP Southampton Boat Show - ilovesailing calendar 2015 unveiled
Brisbane Boat Show - Opens with great attractions and innovations
Collinson FX Market Commentary: September 13, 2014 - AUD pressured
Thai drama with Phuket yacht clampdown
Brisbane Boat Show begins *Feature
PSP Southampton Boat Show - What’s the whisper about Whisper?
PSP Southampton Boat Show - Opening day images
Collinson FX Market Commentary: September 12, 2014 - NZD loses ground   
P&O and Princess Cruise Ships to continue operating into Abell Point   
Sailing Rallies launch two new events at PSP Southampton Boat Show   
Abbott Government delivers on marine conservation promise   
Garmin ClearVü™ with CHIRP sonar-chartplotter series   
Multihull Central: Record sales, Outremer blog, Regattas and much more   
Collinson FX Market Commentary: September 11, 2014 - Dollar rallies   
Victorian Marina Industry hit with above average taxes and charges   
4th Multihull Solutions Whitsunday Rendezvous an outstanding success   
Lowrance signs exclusive partnership with Skeeter Boats   
Get your entry in to win a Suzuki Powered Rigiflex Safety Boat   
Collinson FX Market Commentary: September 10, 2014 - Apple inspires   
Stefan Boating World launches new models at Brisbane Boat Show   
Record numbers expected at 2014 Ocean Marina Pattaya Boat Show   
British Sailing Team join forces with Zhik for new clothing range   
Command Thrust outboards with Counter-Rotation find eager market   
Collinson FX Market Commentary: September 9, 2014 - UK Breakup   
Record sales driven by new interest in catamarans   
Southport Yacht Club celebrates opening of 68th season *Feature   
Brisbane Boat Show starts Friday - biggest in 10 years! *Feature   


For this week's complete news stories select    Last 7 Days
   Search All News
For last month's complete news stories select    Last 30 Days
   Archive News








Sail-World.com  


















Switch Default Region to:

Social Media

Asia

Australia

Canada

Europe

New Zealand

United Kingdom


http://www.sail-world.com/event_images/image/Twitter_logo_small.png http://www.sail-world.com/event_images/image/FaceBook-icon.png  http://www.sail-world.com/event_images/image/RSS-Icon.png

United States

Cruising Northern

Cruising Southern

MarineBusiness World

PowerBoat World

FishingBoating World

 

Contact

Commercial

News

Search

Contact Us

Advertisers Information

Submit news/events

Search Stories/Text

Feedback

Advertisers Directory

Newsletter Archive

Photo Gallery

 

Banner Advertising Details

Newsletter Subscribe

Video Gallery

Policies

 

 

 

Privacy Policy

 

 


Cookie Policy

 

 



This site and its contents are © Copyright TetraMedia and/or the original author, photographer etc. All Rights Reserved.  Photographs are copyright by law.  If you wish to use or buy a photograph contact the photographer directly.
XLXL NEW MBW
LocalAds   DE  ES  FR  IT