SFG.

SFG.

CEPA Agreement Signed: Australia-UAE Trade Enters a New Phase

Summary: Australia and the UAE have signed the CEPA, removing 99% of tariffs to boost trade and investment cooperation, particularly in clean energy, infrastructure, and high-tech sectors. The Business Council of Australia is leading high-level dialogues to deepen bilateral trade relations.

New Changes to Australia’s Investment Immigration Policy: Launch of the NIV

Summary: Australia will abolish its old investment immigration program and the GTI (Global Talent Visa) scheme, consolidating them into the new NIV (National Innovation Visa). This visa is designed to attract top global talent, including researchers, entrepreneurs, innovative investors, and talent from the arts and sports sectors, offering them a direct pathway to permanent residency.

Japan’s New Government and Central Bank Combat Deflation

Summary: Japan's new government is closely collaborating with the central bank to address deflation risks. Prime Minister Ishiba Shigeru and Bank Governor Ueda Kazuo prioritize overcoming deflation, adhering to the 2013 joint policy agreement. Both sides maintain open communication and implement suitable monetary policies to achieve the 2% price target.

Australia’s Tourism Boom: Surge in Outbound Travel

Summary: Following the easing of pandemic restrictions, Australians are experiencing a strong rebound in travel spending, favoring cost-effective destinations such as Bali in Indonesia and Japan. Despite rising living costs, travel remains an essential way for Australians to seek freedom and mental relaxation.