A seminar has been held to help businesses in the West Midlands to capitalise on the prosperous Australian market.

The event, held at West Bromwich Albion Football Club, was co-hosted by RSM Tenon and Yorkshire Bank.

The seminar was part of RSM Tenon’s ‘Doing Business With…’ series which highlights opportunities for businesses to trade overseas.

Phil Coleman, international partner at RSM Tenon, said: “Our seminars support businesses which are looking to trade internationally. By successfully trading and exporting in locations across the globe SMEs can provide a significant boost to the UK economy in a difficult financial climate.”

Brian Colquhoun, regional director of business and private banking for Yorkshire Bank in the Midlands, said: “As part of the National Australia Banking Group, Yorkshire Bank is well placed to provide global trade advice especially with Australia and the Far East. This includes arranging introductions and meetings with our offices throughout Australia should our customers require on the ground assistance during their travels.

“It is extremely important that government bodies, professional institutions and banks work hand in hand to provide UK companies with access to cross border trade advice and solutions which, in turn, will encourage a growth in exports in a controlled and risk averse manner.”

Alongside RSM Tenon and Yorkshire Bank, the seminar included presentations by Vanessa Trueman of Jumar Solutions, based in Solihull, who shared her experience of setting up an Australian subsidiary from scratch. Neil Hough from RSM Bird Cameron – RSM International’s Australian member firm – who gave an overview of the current landscape in Australia – and Phil Potter from UK Export Finance who advised on government support for exporters.