January 2019

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Chinese visitors see ‘NewDirection’ in aged care

Representatives from the Chinese Consulate in Brisbane recently visited an innovative Queensland aged-care ‘microtown’ that may also be adaptable to the Chinese market.

Representatives from the Chinese Consulate in Brisbane recently visited an innovative Queensland aged-care ‘microtown’ that may also be adaptable to the Chinese market.

The NewDirection aged-care community at Bellmere near Caboolture welcomed the 3 consular representatives during a visit organised by TIQ in late December 2018.

NewDirection describes itself as the world’s first residential aged-care microtown community, offering greater freedom of movement, independence and choice to older people with complex care needs or dementia.

Instead of receiving care on a ward, NewDirection residents live in 7-bedroom homes with 6 other residents and have ‘House Companions’ who provide relationship-based support and care.

Attending from the consulate were Deputy Consul-General Ms Li Zhou, Chief Consul (Commerce) Mr Yuqiang Lan, and Consul (Commerce) Mr Yangchun Cheng, accompanied by Young-Mi Kim from TIQ’s Brisbane office.

China is increasingly looking to import expertise in the aged-care sector as it faces the challenge of caring for millions of older people amid major changes to traditional family structures and living arrangements.

Queensland businesses are well placed to offer aged-care expertise and TIQ has been working with a range of Queensland aged-care operators to help them enter the Chinese market.

Most recently, the Australian Silver Industry Group, a consortium of Queensland aged-care service providers, visited Hong Kong, Beijing and Guangzhou in November 2018 to explore business opportunities.

The consortium was brought together by TIQ in early 2018 as an initiative of the Queensland Trade and Investment Strategy 2017–2022.

TIQ and Chinese Consulate representatives at NewDirection

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Industry innovators hard at work on international ed

Two employability experts are working with Queensland’s international ed community after being appointed as the 2017–18 Study Queensland Industry Innovators in Residence (IIR).

Two employability experts are working with Queensland’s international ed community after being appointed as the 2017–18 Study Queensland Industry Innovators in Residence (IIR).

The IIR program funds innovators to spend 1 to 6 months working with TIQ’s Study Queensland team to contribute innovative ideas or address policy challenges to support Queensland’s international education and training sector.

This year’s innovators are Mr Beau Leese and Ms Nannette Ripmeester.

Sydney-based Mr Leese is the co-CEO of an experiential learning technology company that helps people build real-world skills for future jobs.

Ms Ripmeester is Director of Netherlands’ company Expertise in Labour Mobility, and is collaborating with Mr Leese on a project to create new employability programs for international students in Queensland.

The pair are also collaborating with staff from Study Queensland and project co-sponsor Study Gold Coast, which is holding an employability symposium on the Gold Coast on 15 February.

So far Mr Leese and Ms Ripmeester have conducted a range of consultation workshops and have been working with the team at Study Queensland and Study Gold Coast to draft an employability strategy for Queensland.

The IIR program is now in its second year and attracted applications from more than 30 high-quality innovators from multiple countries.

Innovators selected for the program spend significant time working with stakeholders in Queensland on projects that deliver the objectives of the International Education and Training Strategy to Advance Queensland 2016–2026.

International education and training is worth around $4.7 billion to the Queensland economy and is identified as Queensland’s second-largest services export in the Queensland Trade and Investment Strategy 2017–2022.

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Business Growth grants available now

Queensland SMEs looking to expand and employ more staff are being invited to apply for grants of up to $50,000 to help grow their businesses.

Queensland SMEs looking to expand their business and employ more staff are being invited to apply for grants of up to $50,000 from the Queensland Government’s Business Growth Fund.

The fund helps small to medium-sized businesses buy and implement specialised equipment or services to help them seize growth opportunities.

Businesses need to demonstrate how a grant would help them move to the next stage of growth, and successful applicants must contribute 25%–50% of the total project cost.

Minister for Employment and Small Business Shannon Fentiman said that the grants could be used for services such as advice and mentoring as well as equipment.

‘The Business Growth Fund will provide targeted assistance so that businesses can purchase specialised equipment or access professional advice to help their business grow,’ she said.

‘We want more businesses to expand sustainably with expert advice and support, to provide Queenslanders with strong stable jobs.

‘This is a huge opportunity for Queensland businesses looking to take their business to the next level of growth, with more than $2 million in funding available.’

The Business Growth Fund is open to Queensland businesses with fewer than 50 employees and a minimum turnover of $500,000.

Applicants will go through a 2-stage assessment process, including a Shark Tank–style pitch during which they’ll have to put their plans to a panel of business experts.

Growth opportunities can include expanding into overseas markets through ecommerce or other export activities.

Applications are now open and will continue to be accepted until all money in the fund has been allocated.

For more information, see the Business Growth Fund Guidelines and application form.

The Queensland Trade and Investment Strategy 2017–2022 includes a number of initiatives to support the state’s small to medium-sized enterprises.

If you’re a Queensland business interested in exporting your products, connect with TIQ to find out about the full range of services available to SMEs.

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Manufacturing hubs for Cairns, Townsville and Rocky

Three new manufacturing hubs to support regional business growth are scheduled to open this year in Cairns, Townsville and Rockhampton, with a total of $30 million in funding from the Queensland Government.

Three new manufacturing hubs to support regional business growth are scheduled to open this year in Cairns, Townsville and Rockhampton, with a total of $30 million in funding from the Queensland Government.

The hubs will help local manufacturers grow and become more productive by providing expert advice and support as well as skills development and training.

The hubs will focus on key manufacturing sectors in each region:

  • marine, aviation and food manufacturing industries in Cairns
  • food transformation advanced manufacturing and advanced metal production manufacturing through Industry 4.0 and the Internet of Things in Townsville
  • rail manufacturing and technology, advanced technologies for metal production and food product innovation in Rockhampton.

Announcing the next steps in the hubs’ development, Minister for State Development, Manufacturing, Infrastructure and Planning Cameron Dick said they would help Queensland’s regional manufacturers become more globally competitive.

‘These hubs will provide a catalyst to promote and deliver world-leading technologies, processes and practices to manufacturers in these regions and attract increased private-sector investment and jobs to Cairns, Townsville and Rockhampton,’ he said.

‘They will also ensure the manufacturing sector in each region continues to thrive well into the future, underpinned by the skilled workforce and networks needed to strengthen and evolve to meet market and industry demands.’

Mr Dick said through the hubs, regional manufacturers would have easy access to business-development programs, skills and training, and equipment.

‘Each hub will develop strong links with local universities and schools to develop a workforce with strong skills in science, technology, engineering and maths,’ he said.

‘My department has consulted with local businesses, local governments, unions and educational institutions to develop the best model for capitalising on regional strengths in each city.’

Each manufacturing hub will be staffed by a hub coordinator, a skills development and training officer and a project support officer.

The hubs are scheduled to open in the early part of this year and recruitment is underway for hub staff.

You can read more about the new hubs on the Department of State Development, Infrastructure, Manufacturing and Planning website.

Advanced manufacturing is identified as one of Queensland’s emerging export strengths in the Queensland Trade and Investment Strategy 2017–2022.

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Spider venom could combat stroke damage worldwide

Queensland and Chinese researchers will collaborate on biomedical research that has the potential to reduce the impact of Alzheimer’s disease and strokes worldwide. One team will look at nanomedicines to treat Alzheimer’s, while another will explore the use of spider venom to treat pain and stroke-induced brain injury.

Queensland and Chinese researchers will collaborate on biomedical research that has the potential to reduce the impact of Alzheimer’s disease and strokes worldwide.

One team will look at nanomedicines to treat Alzheimer’s, while another will explore the use of spider venom to treat pain and stroke-induced brain injury.

The two teams have been funded under this year’s Queensland-Chinese Academy of Sciences (Q-CAS) Collaborative Science Fund.

Minister for Science Leeanne Enoch said the teams, made up of University of Queensland and Chinese partners, would each receive $250,000.

‘One recipient team, the University of Queensland’s Australian Institute for Bioengineering and Nanotechnology (AIBN) and the Chinese Institute of Process Engineering – Chinese Academy of Science, will develop multifunctional nanomedicines that treat Alzheimer’s disease,’ Minister Enoch said.

‘Alzheimer’s has a big impact on our aging community, affecting 10–30% of people over the age of 65, and this project could dramatically improve the quality of life for those patients.’

Nanomedicine involves applying nanotechnology (minute devices) to prevent and treat disease.

The other grant recipients are the University of Queensland’s Institute for Molecular Biosciences and the University of Science and Technology of China, which are using funnel-web spider venom as a source of molecules to treat pain and stroke-induced brain injury.

‘Each spider’s venom is made up of hundreds to thousands of peptides, and the project team has searched through these venoms to find individual peptides that have the desired therapeutic properties,’ Ms Enoch said.

‘Stroke is the biggest killer in China, and the third leading cause of death in Australia, while chronic pain affects 1 in 6 people in both countries, with a higher economic burden than cancer, heart disease and diabetes combined.

‘If we can unlock new ways to combat these potentially deadly issues, it will lead to positive health and economic benefits on a global scale,’ Ms Enoch said.

The Q-CAS Fund is a joint initiative delivered through Advance Queensland and the Chinese Academy of Sciences, providing separate grants up to $125,000 ($250,000 total) over 2 years to support Queensland and Chinese researchers undertaking innovative research and development.

The biomedical and life sciences sector is identified as one of Queensland’s emerging export strengths in the Queensland Trade and Investment Strategy 2017–2022.

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Report reveals Hong Kong and Greater Bay business opps

Queensland businesses interested in engaging with Hong Kong and nearby areas can now get up-to-date insights from a new report on business opportunities in the ‘Greater Bay’ area.

Queensland businesses interested in engaging with Hong Kong and nearby areas can now get up-to-date insights from a new report on business opportunities in the ‘Greater Bay’ area.

Connecting opportunities in the Greater Bay Area: Perspectives from Hong Kong’s international business community looks at opportunities in Hong Kong and 10 other South China cities in the Pearl River Delta.

The area has a population of more than 69 million and a GDP of over USD1.5 trillion, and its combined economies are worth more than those of either Australia or Canada.

The new report presents views from Hong Kong’s international business community on how Australian business can succeed across the Greater Bay Area.

It discusses a range of industries and services, and includes topics such as financial services, tax, technology and innovation, data management, construction and infrastructure, and arbitration.

Connectivity across the Greater Bay Area has advanced tremendously in recent months, with a new fast train from Hong Kong to Guangzhou starting in October 2018, and the Hong Kong Zhuhai-Macau Bridge (the world’s largest sea bridge) opening in the same month.

The new report was commissioned by Australian Chamber of Commerce branches in Hong Kong, Southern China and Macau, and produced by KPMG.

TIQ’s Hong Kong commissioner Julie-Anne Nichols represented the Queensland Government on the report steering committee.

You can download a copy for free from the KPMG website.

Asia is identified as one of Queensland’s major export markets in the Queensland Trade and Investment Strategy 2017–2022.

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TPP becomes CPTPP and comes into force

SMEs are being encouraged to take advantage of reduced tariffs and other benefits flowing from the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which came into force for Australia on 30 December 2018.

SMEs are being encouraged to take advantage of reduced tariffs and other benefits flowing from the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which came into force for Australia on 30 December 2018.

The CPTPP was formerly known as TPP-11, reflecting the 11 nations that signed the agreement: Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.

It was signed in Chile in March 2018, and has now come into force for Australia, Canada, Japan, Mexico, New Zealand and Singapore.

The new agreement incorporates most of the provisions of the original Trans-Pacific Partnership Agreement, which was signed in 2016 but did not come into force.

CPTPP highlights include:

  • reduced or eliminated tariffs on beef, sheepmeat, dairy, sugar, cereals, cotton, wool, seafood, wine and other products in various CPTPP markets
  • increased transparency, predictability and legal protection for Australian services exporters in areas such as education and professional services.

The Department of Foreign Affairs and Trade website notes that  the CPTPP also recognises the challenges facing small and medium-sized enterprises (SMEs) in establishing export markets, and includes initiatives to help open doors for them in the CPTPP region.

These include reduced tariffs, common trade and investment rules across all CPTPP countries, and rules encouraging SME participation in government procurement opportunities.

The remaining 5 CPTPP signatories will now go through the process of ratifying the treaty domestically so that it can come into force for their countries.

If you’d like advice on how to take advantage of any of Australia’s free trade agreements to export your product, contact TIQ.

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Best of 2018: Iron Chef Sakai puts Queensland on menu

Japan’s famous Iron Chef, Hiroyuki Sakai, cooked up a storm using Queensland produce at an industry lunch at his La Rochelle restaurant in Tokyo last week.

Hiroyuki Sakai and Mark Furner

Iron Chef Hiroyuki Sakai and Agriculture Minister Mark Furner celebrate Queensland produce at Chef Sakai’s La Rochelle restaurant in Tokyo.

This week we’re revisiting some of our most popular stories from last year. This story first appeared in September 2018.

Japan’s famous Iron Chef, Hiroyuki Sakai, cooked up a storm using Queensland produce at an industry lunch at his La Rochelle restaurant in Tokyo recently.

The lunch marked the visit to Japan of Queensland Minister for Agricultural Industry Development and Fisheries Mark Furner, who was in town on a trade mission to promote Queensland beef and other produce.

Queensland beef fillets, macadamia nuts, broccoli, honey and other produce starred in dishes served at the four-course lunch, which was organised by TIQ Japan and Meat and Livestock Australia.

Mr Furner said it was an honour to see the best Queensland produce prepared by Chef Sakai, who starred for many years in Japan’s Iron Chef TV series.

‘Chef Sakai is world-renowned as an Iron Chef and already has close ties with the Sunshine State,’ he said.

‘He is the honorary TAFE Queensland culinary ambassador to Japan and also appeared at Beef Week earlier this year.

‘Yesterday’s lunch highlighted the high quality of Queensland food that is exported to Japan, and the main course served up delicious Queensland-grown beef.

‘Queensland beef remains a family favourite in Japan, and yesterday’s lunch ensured that title remains at the forefront of importers minds and tastebuds.’

Beef is Queensland’s most significant agricultural export, with a value of almost $1.4 billion, and Japan is the state’s most important beef customer.

While in Asia, Mr Furner also visited Korea with the trade mission, which included producers and distributors from North Queensland, Bundaberg, Gympie, Warwick and Brisbane.

The La Rochelle lunch was held on Monday 10 September and was attended by key Japanese meat-buyers.

Promoting Queensland exports is a priority of the Queensland Trade and Investment Strategy 2017–2022.
 
La Rochelle Queensland Lunch menu:
Appetiser: Smoked Australian salmon topped with Queensland watermelon radish, salmon roe and tomato relish
Entrée: Oven-baked natural Japanese sea bass with Queensland macadamia nuts and lemon scented verbena
Main: Queensland beef fillet poêle drizzled with truffle-scented red wine sauce, served with Queensland broccoli and beetroot
Dessert: Queensland macadamia honey and fromage blanc mousse served with peach and vanilla ice cream

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Best of 2018: New Queensland trade commissioner in Jakarta

TIQ continues to build Queensland’s business presence in Indonesia, with a new trade and investment commissioner starting work last month and an expanded TIQ Jakarta team moving to larger premises.

Jakarta office team

This week we’re revisiting some of our most popular stories from last year. This story first appeared in September 2018.

TIQ continues to build Queensland’s business presence in Indonesia, with a new trade and investment commissioner starting work last month and an expanded TIQ Jakarta team moving to larger premises.

The new premises in Jakarta’s CBD include better facilities for Queensland businesses visiting Indonesia, and more room for additional TIQ staff members who will promote Queensland in this key export market.

New Queensland Trade and Investment Commissioner for Indonesia Ben Giles said that strengthening TIQ’s presence in Jakarta was a strategic move with real economic potential for Queensland.

‘The Indonesian economy is actually the largest of the ASEAN economies, with annual growth of 5–6%,’ he said.

‘It’s a market of 260 million people with a booming middle class, right on Queensland’s doorstep.

‘Indonesia is also home to some very successful businesses looking to expand their global investments, and there’s definitely the potential to connect them to suitable Queensland enterprises.

‘TIQ’s new office is a key part of building a higher profile for Queensland here so that we can take advantage of these emerging opportunities.’

Before joining TIQ, Mr Giles was a Senior Adviser and Trade Commissioner for Austrade for more than a decade.

He said Queensland businesses should consider Indonesia’s long-term economic potential, and its role as a gateway to the larger ASEAN market.

‘Indonesia is predicted to be one of the world’s top 10 economies by 2030, so now is an ideal time to enter the market and start building your business presence with long-term goals in mind,’ he said.

‘The recently signed economic agreement between Australia and Indonesia will reduce export tariffs and paperwork for Queensland businesses wanting to export here.

‘It’s also worth thinking more broadly than just Indonesia, and considering whether you’d like to develop an export plan that takes in more of the ASEAN region.

TIQ Indonesia can support you in that process, as can TIQ Singapore, who work with us to provide integrated coverage across South East Asia.’

Mr Giles said sectors with the greatest growth potential in Indonesia included education and training, food and agribusiness, and technology and innovation.

He invited Queensland business representatives with an interest in Indonesia or plans to visit the market to contact the TIQ team in Queensland or Indonesia for local advice and support.

Strengthening TIQ’s presence in Jakarta is one of 22 initiatives in the Queensland Trade and Investment Strategy 2017–2022.

Mr Giles can be contacted at:

AIA Central, 23rd Floor
Jl. Jend. Sudirman Kav. 48A
JAKARTA 12930
INDONESIA
+62 (21) 3111 6133
ben.giles@tiq.qld.gov.au

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Best of 2018: Precinct to host artificial intelligence hub

Fortitude Valley’s Precinct start-up space will expand and house a new artificial intelligence (AI) hub as a result of funding included in this year’s Queensland Budget.

This week we’re revisiting some of our most popular stories from last year. This story first appeared in June 2018.

Fortitude Valley’s Precinct start-up space will expand and house a new artificial intelligence hub as a result of funding included in this year’s Queensland Budget.

As part of its budget statements, the government announced a further $50 million investment in the Advance Queensland initiative, which promotes innovation, technology and entrepreneurship across the state.

Innovation Minister Kate Jones said Queensland wanted to position itself as a world leader in artificial intelligence, robotics, and other high-tech industries.

‘That is why we are lifting our overall investment in Advance Queensland to a $650 million program,’ she said.

‘We are investing $15 million in the IndustryTech fund to back projects that develop and deploy these cross-cutting technologies right here in Queensland, and we will also create an artificial intelligence hub.

‘In areas like drones, this kind of support has helped place Queensland as a global centre for technology development, benefiting our defence support, agriculture and resources sectors.’

The new funding will also enable the Precinct to expand and provide more space for Queensland start-ups.

The venue launched in March 2017 and is now home to 17 businesses, including SoftBank, CSIRO’s Data61 and the Office of the Queensland Chief Entrepreneur, with 27 more start-ups on a waiting list for office space.

The new funding will enable the Precinct to add an extra floor and increase its available space by 50%.

One of The Precinct’s foundation tenants, video app developer Clipchamp, has nearly quadrupled its user numbers in the past 12 months, with almost 4 million registered users around the world and a growing team.

Clipchamp co-founder and CEO Alex Dreiling said the company had experienced first-hand the benefits of being part of an innovation hub.

‘We were an isolated start-up before, in a managed office, with challenges that none of the businesses around us had,’ Mr Dreiling said.

‘The Precinct is obviously filled with start-ups, so we can get help and help others at any time. Just sharing the space with likeminded people is inspiring.

‘Start-ups have the potential to become an economic engine in Queensland outside the traditional sectors.’

Supporting innovation through the start-up sector is one of the actions identified in the Queensland Trade and Investment Strategy 2017–2022.

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