Marine groups join forces

THE Gold Coast Marine Industry Association (GCMIA) has merged operations with the Boating Industry Association of Queensland (BIAQ).

Under the new arrangement, the GCMIA will continue to operate as an incorporated association under its existing name; but will officially become the Gold Coast Division of the BIAQ.

GCMIA president Charles Dickson says the move is in keeping with recommendations made under the Federal Government's Marine Industry Action Agenda and will increase the local industry's bargaining power when state and federal government representations are necessary.

"Gold Coast boat builders now produce around 80 per cent of the total number of boats built in Australia," says Dickson.

"The local industry currently exports over $300 million worth of boats and boating products each year and the Coomera marine precinct is internationally regarded as one of the best examples of industry clustering in the world.

"The time is right for us to work more closely with the BIAQ and the over-riding national body, the Australian Marine Industry Federation, to ensure we maintain our competitive advantage over mass-produced US imports and the likelihood of even cheaper competition from China in the near future."

Help us deliver quality journalism to you.
As a free and independent news site providing daily updates
during a period of unprecedented challenges for businesses everywhere
we call on your support

Crypto staking: a new way to earn passive income
Partner Content
You may be familiar with traditional ways of earning passive income such as trading sto...
Etoro
Advertisement

Related Stories

Hospitality mogul Glenn Piper to transform Hook Island into "world class hospitality experience"

Hospitality mogul Glenn Piper to transform Hook Island into "world class hospitality experience"

Sydney hotelier Glenn Piper has snatched up his third hospital...

Super fund HESTA "unconvinced", to vote against AGL demerger

Super fund HESTA "unconvinced", to vote against AGL demerger

Superannuation fund HESTA is backing the position of Australian tec...

Board exodus gathers pace at The Star after O’Neill resigns as chairman

Board exodus gathers pace at The Star after O’Neill resigns as chairman

The Star Entertainment Group (ASX: SGR) is now on the hunt for a ne...

Woolworths adds controlling stake in MyDeal to cart for $218 million

Woolworths adds controlling stake in MyDeal to cart for $218 million

Woolworths (ASX: WOW) is looking to enhance its online marketplace ...