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Foreign affairs & tradeAgencyExists today

Australian Trade and Investment Commission

Austrade

1 May 2016 – present

Previously Australian Trade Commission (1986–2016).

The Commonwealth's trade, investment, tourism and international education promotion agency, running the overseas Austrade network and administering the Export Market Development Grants scheme.

Names over time

  1. Australian Trade Commission1986–2016
  2. Australian Trade and Investment Commission2016–present

How it came into existence

The Australian Trade Commission took this name on 1 May 2016, when Schedule 2 of the Trade Legislation Amendment Act (No. 1) 2016 (assented to on 23 March 2016) took effect and renamed the Australian Trade Commission Act 1985 as the Australian Trade and Investment Commission Act 1985. The agency continued in the Foreign Affairs and Trade portfolio with the same functions.

  • Renamed from Australian Trade Commission · 1 May 2016
    • Trade and investment promotion
    • Export Market Development Grants scheme
    • Tourism policy and research

Legislation: Australian Trade and Investment Commission Act 1985

Main functions

  • Export promotion and advice to exporters
  • Attracting productive foreign investment
  • Export Market Development Grants scheme
  • Tourism policy, programs and research
  • International education promotion
  • Consular and passport services at some overseas posts

Where it sits

In the portfolio of Department of Foreign Affairs and Trade.

Type of body
Non-corporate Commonwealth entity
Portfolio
Foreign Affairs and Trade
Accountable authority
Chief Executive Officer – Australian Trade and Investment Commission Act 1985 section 7(3)(b)
ABN
11 764 698 227

Lineage

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Sources