Transcript of the speech by Minister for Trade, Tourism and Investment, The Hon Steven Ciobo MP, to the Australian and Hong Kong General Chambers of Commerce in Hong Kong at the official launch of negotiations for a Free Trade Agreement between Australia and Hong Kong. Photo gallery
Minister for Trade, Tourism and Investment, Steve Ciobo, has announce the launch of the Australia-Hong Kong Free Trade Agreement (A-HKFTA) negotiations with his counterpart, Mr Gregory So Kam-leung, Secretary for Commerce and Economic Development. An FTA with Hong Kong will help Australian exporters take advantage of the opportunities in this dynamic market, helping create more Australian jobs, particularly for Australian service providers.
More than 700 Australians and New Zealanders have braved gloomy skies to attend today's Anzac Day service at the Hong Kong Cenotaph.
Australia’s new Consul-General, Ms Michaela Browning, has commenced duties in Hong Kong after officially receiving her diplomatic credentials today.
The Australian Government is taking the first steps toward a free trade agreement (FTA) with Hong Kong. Today, Minister for Trade, Tourism and Investment, Steve Ciobo, announced that the government is calling for public submissions to the prospective FTA. An FTA with Hong Kong would complement Australia’s FTA with China and further integrate the Australian economy with Asia.
Australia's Foreign Minister, Julie Bishop, has announced the appointment of Ms Michaela Browning as Australia’s next Consul-General in Hong Kong.
A fresh initiative is set to help Hong Kong consumers savour the best that Australia has to offer. “Savour Australia” will be launched progressively from March by the Australian Consulate-General in Hong Kong. AustCham Hong Kong and Macau and Treasury Wine Estates are key partners in the launch of this exciting initiative.
Hong Kong's newly appointed Financial Secretary, Mr Paul Chan, GBS. MH, JP has acknowledged the common aspirations of Australia and Hong Kong in free trade, innovation as well as good wine. The Financial Secretary made his comments during an official celebration in Hong Kong to mark Australia's national day.
The Australian Government will provide prestigious New Colombo Plan scholarships to thirteen talented Australian youth to live, study and intern in Hong Kong in 2017. New Colombo Plan 2017 Hong Kong scholars will study a broad range of disciplines including Commerce, Computer Science, Education Engineering, Government and International Relations, Laws and Screen Arts at University of Hong Kong, City University of Hong Kong and Education University of Hong Kong.
The Australian Government recognises that working holiday makers are an important part of Australia’s $43.4 billion tourism industry and a key source of labour, particularly in the agriculture, horticulture, tourism and hospitality sectors. We also recognise, as do stakeholders, that working holiday makers should pay fair tax on their earnings. From 1 January 2017 the Government will set the tax rate applying to working holiday makers at 19 per cent on earnings up to $37,000, rather than the 32.5 per cent announced in the 2015-2016 Budget, with ordinary marginal tax rates applying after that.
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