#China - #Australia deal to intensify #competition for #exporters

Irish food and agriculture sectors will have to compete with tariff-free access for Aussie products

China’s President Xi Jinping (L) shakes hands with Australian Prime Minister Tony Abbott after a signing ceremony for a free trade deal at Parliament House in Canberra. Photograph: David Gray/Reuters

Australia and China signed a landmark free trade deal recently that will open up markets worth billions of yuan to Australia and make it easier for Chinese companies to invest the other way... (Read more)

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#UK: Osborne's #patentboxtax break policy likely to divide #G20

Chancellor's policy to attract R&D to Britain seen as 'anti-European' by Germany, and poorly targeted by other nations

Osborne's patent box tax breaks offer incentives for companies to locate research in Britain. Photograph: David Burton/Alamy

George Osborne's determination to retain controversial tax incentives offered to businesses with lucrative patents is expected to leave Britain out on a limb when G20 finance ministers meet in Australia at the weekend... (Read more)

External Expansion, www.externalexpansion.net,

#Australianlegislator launches broadside against #China

Billionaire Clive Palmer accused the “communist Chinese government” of trying to steal Australia’s natural resources. Photograph: Olivia Harris/Reuters.

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External Expansion, www.externalexpansion.net,

#Australia: Wine giant Treasury opens its books after sweeter offer

Prospect of bidding war looms for maker of Penfolds and Wolf Blass after new A$3.1bn approach by private equity giant KKR

Australia's Treasury Wine Estates, which rejected a A$3.1bn unsolicited offer from KKR and Rhone Capital in May, said the 11% increase in the price meant it was now "in the interests of shareholders to engage further"...

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