Agriculture

Join us for business, networking & deal-making in Hong Kong this Jan

A great crowd assembled  for the AFF information briefing  on Tuesday 17th October to hear about the forthcoming AusNZ delegation to the Asian Financial Forum in Hong Kong, 14th to 19th January, 2018.
Luca de Leonardis, Invest HK

Luca de Leonardis, InvestHK kicked off the briefing at historic Hong Kong House in Sydney. He explained why Hong Kong is the Gateway for those looking to do business in China and how they can assist with business set up.

Head of Hong Kong Trade and Development Council (HKTDC) Bonnie Shek delivered the keynote presentation on the Asian Financial Forum (AFF) conference, now in it’s 11th Year. Hong Kong is a hub for international business and investment, and is the gateway to more than 5 million HNW individuals.

Bonnie Shek, HKTDC

Part of International Finance Week, last years event saw 100 global leaders, speaking to almost 3,000 business and finance delegates from 50 countries, plus 620 one-on-one business matching meetings at the AFF Deal Flow.

You can download the AFF presentation here and view the video here. 

Attend as part of the AusNZ mission

Those that have done business in China will be familiar with the term “guanxi” and the concept of “three cups of tea” of stranger to friend to part of the family.

Mission leader Stacey Martin, Founder of Expat Advisors Community, shared her AFF journey from first year overwhelm, second year focus, third year a clear proposition, fourth year holding expat and Significant Investor Visa events and fifth year running the mission.

Leveraging these learnings, this year there will be individual delegate consultations to ensure those that decide to come along will be well prepared. This includes networking tools, clear positioning on what they have to offer and who they would like to meet for the Delegate Booklet and social media profiles.

Following the Sunday evening welcome event and the two day AFF conference, delegates will have the opportunity to showcase their services at the migration and property seminars which are being promoted to local networks and businesses.

A day trip into Shenzhen to see the real China will be followed  by the Family Office Conference back in Hong Kong. There will also be an evening Junk cruise on Hong Kong Harbour.

You can view the current draft itinerary here.

Feedback from past delegates
Steve Newnham and Adam Goern from Farms and Finance.

The 2017 mission saw the trialing of Adam Goerns Farms and Finance platform to augment the AFF deal-flow matching . First time delegate Steve Newnham found it  a useful tool to represent a number of agriculture deals.

View the Farms and Finance video here.

Despite having been to Hong Kong around 50 times, Vincent Lim of Sumo Group still finds the AFF a great forum for gaining up to date knowledge and insights whilst catching up with business partners.

Drew Waters, past CEO of AustCham Hong Kong now back in Australia shared how the local Chamber is there to help Australians looking to do business in Hong Kong, with representative committees including Finance, Legal and Tax providing Thought Leadership and representation.

Steve Newnham, Drew Waters, Stacey Martin, Vincent Lim, Adam Goern.
Who Should Attend

Whether a first time trip and study tour to hear from leading experts on the opportunities in Asia, are ready to do businss and want to build relationships or have an extablised network, there is something for everyone wanting to benefit from the growth in Asia.

Delegates will include services providers across finance, wealth management, legal, accounting, migration and property. Also business and project owners, particularly Agriculture, seeking strategic investment partners at the AFF Deal Flow.

One of the key benefits of attending with a group of like-minded business people is the comradery among the delegates who can position each others businesses.

Supporters

We are delighted to have endorsement of the mission from Austrade, Australian Services Roundtable, Pacific Economic Basin Council and AustCham in Hong Kong and Shenzhen. Plus of course HKTDC, Invest HK, HKABA and HKNZBA.

Sponsorship packages are available for those considering bringing two or more delegates and we expect to soon announce from banking, funds management and professional services.

For more information

Download the AFF Mission Flyer 2018 or go to the  website where you will find more information and regular updates. If you are interested in finding out if coming to Hong Kong, third week of January, will suit your business growth plans contact Stacey Martin at  stacey.martin@expatadvisorscommunity.com.au or call +61 413 127 677.

Exploring Vietnam: from business to leisure

Stacey Martin with Dominica Nelson and Suzanne Gilham from NSW Trade & Investment.
Vietnam is somewhat like China but in many ways quite different. It is part of the group of 10 ASEAN countries. Its land size is similar to New Zealand but has a population of around 90 million people.
Some observations from my recent “Bliesure” trip

Continue reading Exploring Vietnam: from business to leisure

The benefits of Chinese Investment in Australia

Partners in prosperity: The benefits of Chinese investment in Australia

– a report by Deloitte Access Economics for the Australia China Business Council and sponsored by ANZ

Chinese foreign investment can play a very positive role in ensuring Australia’s ongoing economic security and prosperity. Australia rode on the sheep’s back for most of the 19th Century, and today Australia stands to benefit from Asia’s increasing demand for high-quality food products. Continue reading The benefits of Chinese Investment in Australia

Is FIRB approval required to purchase an Australian farm?

Australia has a vast amount of land and whilst not all is suitable for farming has become attractive to foreign investors particularly with the need for increased production with global population growth. 
Agriculture business

Proposed direct interests in an agribusiness generally require Foreign Investment Review Board Approval (FIRB) where the value of the investment is more than $55 million.

However, where the purchaser is from a country where Australia holds a Free Trade Agreement (FTA) there is no limit. Current FTA countries include New Zealand, Canada, Chilie, Korea, Japan, Thailand, Malaysia, Singapore and the US.

Agricultural businesses include forestry and fishing as well as processing for meat, poultry, seafood, dairy, fruits and vegetables, grains and sugar.

Agricultural land

This is land that can be used for a primary production business.

All proposed investments in agricultural land by foreigners must be notified to the Australian Taxation Office Register of Foreign Ownership. Approval is required where the cumulative value exceeds $15 million, again except FTA partners.

For further guidance go to the government websites Agricultural land investment and Agribusiness Investments.