A Report On An Australian Company Within Automotive Industry

Since Australia’s first free trade agreement (FTA) with New Zealand in 1983, Bilateral and Multilateral FTA’s have been a great advantage and focus in securing economic prosperity for Australia. Australia’s two-way trade in goods and services was A$616 bn in 2012. Australia has seven FTAs currently in force with New Zealand, Singapore, Thailand, US, Chile, ASEAN (with New Zealand) and Malaysia. Together, these countries account for 28% of Australia’s total trade, which displays the great benefit of bilateral FTAs to the Australian economy. Additionally, there are four bilateral FTA negotiations currently in place, two of which are substantial trading partners; China, being Australia’s largest export market (A$78.7 bn) and Japan, being Australia’s second largest export market (A$49.8 bn). The Japanese Free Trade Agreement has been negotiated, and will be a great benefit to the Australian economy, especially the agricultural sector, for example tariffs on beef

Assess the legal implications of moving business abroad specific to each country. What are the advantages and disadvantages of each?

As well as importing goods, Australia also exports massive amounts of iron ore, coal and gold. Australia exports $54.4 billion AUD worth of iron to other countries. This report will discuss; locations of trade and how Australia’s location affects trade, statistical facts about Australia’s imports and exports with Asia-Pacific countries, commencement of trade and the Asia-Pacific

Through export trade deals, Australia will be able to provide new business opportunities, for people in different industries.

Australia’s strict regulations and laws has given it a reputation as a producer of clean, quality export, particularly in countries in the South-East Asia region. After graduating from the University of Canberra I intend to work in this consumer goods industry as a foreign sales representative. There is a substantial market overseas for Australian food exports, particularly meat and dairy. They are seen as quality, green and safe products in comparison to what might be available for purchase locally. Countries such as China for also see many of the everyday products that are common to the Australian consumer as premium luxury goods. Annually 58% of Australia’s total food production is sold

Chung Ju-yung founded Hyundai Motors in 1967. The main headquarters of this company is based in South Korea. The main area it specializes is automobile industry. They first started with assembling cars and trucks for Ford. The first car they launched was Hyundai Cortina in 1975, which was in tie-up with Ford Company. Just in 2 years period of time they were the 13th largest in the world with the share of 2% in the global retail market.

Australia’s admirable reputation for its high quality and value-added Australian food is paramount to the reason behind the country’s strong food industry. Customers are demanding food quality and food safety which the Australian food industry evolved to supply and meet their needs. Another important factor to this equation is overseas food exports. Export is a primal key to the growth of the food industry in Australia. In terms of export and overseas consumers, In Asia, the demand for Australian products is quite powerful. China is one of the largest import destinations serving as consumers for Australia’s food production. China’s middle class made out of approximately 250 million people turns to imports from Australia for its reputation for

It is believed that the Australian car manufacturing industry has come to an end. The following essay will argue that the government should not provide finances to save the automotive manufacturing industry. There is a continuous debate between the shareholders of the automotive businesses and the Australian citizens on what should be done with this issue. In order to determine the strength of the argument, the following essay will completely analyze relevant information; examine the affects of moving production to overseas, why production is being moved? Take a look at who is to blame and what the media says should be done?

There are many factors that contribute to the success of businesses in Australia. Australia provides a safe, low-risk environment in which to do business, it is said that Australia's labor force is among the most skilled and diverse in the world. Australia has strong economic and cultural ties with the fast-growing Asia-Pacific region due to their close proximity and a shared time zone. It is also a benefiting factor to businesses that "the Australian Government promotes business investment in their country and international trade with Asia (Australian Trade and Investment Commission, 2017). In Australia, and especially in businesses owned by the indigenous population, success is not only measured by monetary gain. Whereas non-Indigenous

1. Briefly analyse two reasons why a company such as Dell may wish to relocate its manufacturing operations to another country.

The Government of Australia granted $500 million every year to car manufacturing industry in Australia. Australian auto manufacturing industry confronts a genuine unverifiable future. In the present day, Australia produces just 225,000 engine vehicles. This is an industry that depends intensely on the economies of scale and it is of prime significance to accomplish costs competitiveness, in any case it is the present volume that is to a great degree disillusioning. This likewise controls interests in upgrading innovations in auto assembling, for example, propelled mechanical autonomy. With the verifiable ascent in the Australian dollar trade rates, the industry is experiencing focused weight as far as less expensive imports and fare competitiveness. Additionally there are a few protectionist arrangements in numerous noteworthy and vital export destinations that stand to hamper the export. For instance, in spite of the extremely fruitful Thailand-Australian Free exchange Agreement, the Thai Government forces a non-levy obligation. This makes the domain 's cost in Thailand extremely unappealing.

Tan Chong Motor Holdings Berhad (TCMH) was incorporated in Malaysia on 14 October 1972. From its humble beginning as the distributor of small motor vehicles by its founders back in the 1950s, TCMH Group has grown into one of the largest national conglomerates involved in a myriad of business activities; from the assembly and marketing of motor vehicles and auto parts manufacturing to property development as well as trading in various heavy machineries, industrial equipment and consumer products - both locally and abroad.

As an executive of a large U.S. multinational corporation planning to open a new manufacturing plants in China and India to save on labor cost. There are a few factors that must consider when making the decision. The factors are including the environment business of the both country.

Over the past 20 years Australia’s expanding trade with Asia has taken on an important role in increasing the national income of Australians. After growing rapidly in recent years, China became Australia’s largest goods & services export market in 2010-11, rising from $1.6 billion in 1990-91 to $70.5 billion. Japan became Australia’s 2nd largest export market, increasing from $16.6 billion in 1990-91—ranked 1st—to $48.9 billion in 2010-11, followed by the Republic of Korea (up from $3.4 billion to $24.3 billion), India (up from $2.2 billion in 1998-996—ranked 13th—to $18.3 billion), and the United States (up from $7.8 billion to $14.2

India is one of the leading market economies and developing countries while on the other hand New Zealand an industrialized and developed country. The report aims to analyse the current trade relationship and current potential ways to develop trade relationship between India and New Zealand. India and New Zealand are two economies they currently negotiating free trade agreement between them. The report says about the products which are trade between these two countries. India is the second most populous country. The domestic market of New Zealand is relatively small when compared to India. The free trade agreement will give the kiwi business to gain economies of scale, competitive advantage and knowledge. Both the economies are supporting each other and there is a good potential to increase trade between these two countries. Furthermore the report describes in detail the trade barriers affecting the business relationship between the two countries and analyses in detail the