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Agreement a win for exporters seeking protection against volatile currency markets

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Eligible Australian SMEs will have the help to better manage their exposure to volatile currency markets following today’s announcement of an agreement between online foreign exchange company OzForex and the Australian Government’s Export Credit Agency: Export Finance and Insurance Corporation (EFIC).

Foreign Registration Procedures Significantly Delayed in São Paulo

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Foreign nationals completing police registration procedures in São Paulo are currently experiencing delays of up to 120 days. The delays mean that work permit holders in São Paulo cannot be immediately added to local payroll or complete other post-entry formalities, all of which require registration.

SME exporters in a high dollar world

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Many exporters in the manufacturing and service sectors are struggling to cope with a high Australian dollar that is damaging their export competitiveness. At the same time, resource exporters are doing very well, despite a roughly 20% increase in the value of the Australian dollar since 2006, their sales have grown by nearly 150%.

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