Importing is tricky to manage well, and at this time of year the system is fraught with additional setbacks that can end in cost and time blow-outs for the unsuspecting importer. We have put together three major considerations for importers at this time of year, as well as suggestions on how to avoid paying more, or having stock caught up in unhelpful delays.
The Platinum® Freight Management Young Entrepreneurs Program awards qualifying recipients under the age of 25 valuable commercial benefits including free advice on best importing and exporting practice as well as a series of free and discounted Customs Clearances which Platinum® Freight covers costs of on their behalf.
The Aussie dollar is low. Retailers are hurting.
Now is the time to health-check your importing/exporting processes and save.
The Customs process is one of the great unknowns for most businesses, even regular importers or exporters. Retailers can easily save thousands of dollars in extraneous charges just by better understanding the system and working smarter within it.
Small and medium-sized enterprises (SMEs) are under threat on so many fronts.
Equally, the customs clearance system is under extreme strain due to increases in importing statistics.
Let’s look first at the freight forwarding and customs clearance systems. Why are they under increased pressure now?
Our dollar is weak and falling further and SME retailers – indeed, all Australian retailers who import goods for sale – are hurting. Peter McRae, a leading Customs Broker specialising in SME importing, predicts that the hurt will increase in future too, as tax and importing reforms that are designed to protect Australian retailers will also pack a punch to the most exposed: SMEs.
It was Australia’s first bilateral free trade agreement since the Closer Economic Relations Trade Agreement with New Zealand came into force in 1983.
Platinum® Freight has supported Australian businesses sending Sea Freight LCL cargo to this region since its inception. To celebrate the 12th year of the agreement we have some fantastic specials… Call 1300 882 877 to find out more!