In a special survey (in German) conducted by the DIHK, over 3,000 German businesses abroad indicate an increasingly negative outlook regarding their business activities. More than eight of ten companies expect or are experiencing a diminished turnover rate.
In a global context, businesses in Australia have responded rather more positively than some of their counterparts. Over 34% of participating companies expect no change, or even an increased turnover this year.
In our latest episode of Sound Bites, our Project Consultant Max Schnarr talks about his current and upcoming projects and delegations. He also explains what the hydrogen buzz is all about. Both Australia and Germany have ambitious hydrogen goals. In a recent article, Max has outlined Germany’s National Hydrogen Strategy, and it will be interesting to see how this technology will impact the economic recovery for both countries.
Between 1 July 2020 and 31 December 2020, Germany has assumed the Presidency of the Council of the European Union (EU). With the COVID-19 situation and its associated economic impact, this is a critical time for Germany to have this rotating role for these six months. Also, this period covers central EU discussions and debates of the next European Financial Framework for the years 2021-2027, including the so-called Green Deal climate policy.
Recently, the Australian Government presented a discussion paper “Australia’s Technology Investment Roadmap”.
AHK Australia prepared and submitted a document to this process and is looking forward to working with the Department, the Chief Scientist and other stakeholders to improve Australia’s energy system through technology investment.
With the National Hydrogen Strategy, the Federal Government of Germany is creating a coherent framework for future production, transport, and further use of hydrogen and thus for corresponding innovations and investments. It defines the steps that are necessary to help achieve the climate targets, create new value chains for the German economy and further develop international energy policy cooperation.
Last week, we spoke with Tea Ditterich from 2M Language Services about the effects of COVID-19. Tea, who speaks six languages, runs a successful translation and simultaneous interpreting business from Brisbane. With conferences and other live events being cancelled because of the virus, 2M has had to adapt overnight – a change Tea’s business was ready for. In our latest podcast episode, the German-Finnish powerhouse talks about pivoting and the importance of being at the forefront of technology.
As we are starting to see a slow and considered re-opening of gastronomy and hotel businesses, we spoke with Louise and Reimer Moeller from our member company German Beverages Australia. The couple shared some insights on how they are weathering the storm, how they served their community in the last few months and some scenarios on how the future for the industry might look like. They also shed some light on dos and don’ts for beverage companies contemplating a move into the Australian market.
In our latest episode of Sound Bites, we spoke with Byron Kennedy, co-founder of SPEE3D, and Stefan Ritt, their MD in Germany. In a massive and successful pivoting effort, the company has recently explored how antimicrobial copper can help stop the spread of COVID-19, and how those coatings can be installed quickly using 3D printing. While pretty busy on the home front, SPEE3D also went ahead with a planned expansion into the German market, aided by GTAI and Austrade.
COVID-19 has impacted just about every industry in sometimes very different ways. But some industries were already in trouble before the virus broke out, such as the Australian retail sector – and those problems have compounded further. We spoke to Brad Welsman, Managing Director of our Executive Member SSI SCHAEFER, about some of those impacts felt in the logistics industry and for some of SSI SCHAEFER’s retail customers.
Manufacturing, and advanced manufacturing in particular, has been the topic of many discussions recently both on an industry and political level. COVID-19 has highlighted not only certain vulnerabilities in this area, but has shown great desire by many Australian companies to increase local production, while maintaining healthy trade relationships with overseas partners.
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