isyulli: industry

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Senin, 09 Mei 2011

Blaming Australian Business for Inaction is Futile

It is claimed by "specialists" that Australian business failed to plan for the high dollar. They carried on without cutting basic running costs. With over 60 per cent of businesses being involved in international trade this is deemed to be a "sin". The American Express FX International found less than 40 per cent did nothing.

The research body said it was surprised at this. It is hardly surprising in the real world where costs are kept as low as possible on a constant basis. How can a business have a program to tackle this problem when it is a daily matter of trading? Common sense would inform you that not much can be done. The market sets the price. The high dollar means firms get less profit when they receive payment in foreign currency. Running costs inside the international barrier in Australia continue to rise. Most international trade is done in US dollars and this has become very weak.

It isn't much good longing for days passed when the exchange rate was less than 50 US cent to the Aussie dollar. It is quite astonishing that the employment rate is so high when times are really tough for manufacturing and retail. Prices are being cut to the bone, apart from food which people must have. Saying firms should have locked themselves in with future exchange contracts is dwelling on something that is impossible to change. The dollar is high and it is too late. Not much can be done now. Australian industry will shake itself out with bankruptcies until survivors can benefit from a weaker dollar which appears to be a long way off.

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Business

Senin, 17 Januari 2011

Nothing Will Make Coles Sell Growth Enhanced Beef

Coles has chosen not to sell beef enhanced by Hormone Growth Promotants (HGP). For making this stand it has been condemned by Animal Health Alliance (AHA). Note that AHA is financed by pharmaceutical companies. Elanco and Pfizer are members of this organization.

Saying that Coles ignores scientifically based findings that HGP beef is safe is unscientific in itself. No number of tests will ever prove it to be safe because it hasn't been in use long enough to ascertain its dangers.

CSIRO has found HGP beef to be of poor eating quality, and as Coles makes a quality related buying decision is will not be purchased by them. This is a free country and producers "jumping up and down" will not make consumers buy their product.

HGPs make cattle grow faster so it should be cheaper. Unfortunately, this saving is not passed on to the buyer. Indeed, consumers will pay more for non-HGP beef.

Sales of HGP meat is declining and it won't be around for much longer. How can Coles action be a "blow to Australia's beef industry" if this is the case? HGP makes beef tough and that's the end of it.

Woolworths sells HGP beef and consumers know it. Coles is getting a reputation for very tender beef and in the long run Woolworths will lose out. Woolworths fresh it may be but it is too tough to eat!

~~~~~Food Retail~~~~~

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Sabtu, 01 Januari 2011

If Fishing Is Not Reduced There Will Be Little to Sell

Consumers will have to learn to do without. If we want our children to enjoy seafood we will have to eat less of it now. That means paying a higher price.

A guide has been put out by the Australian Conservation Society to make people aware of what species are in danger. This Christmas consumers have bought lobster, bugs and mackerel. It is debatable as to whether all of these are actually threatened.

Not everyone is in favor of informing the general public about the need for change in the seafood industry. The Queensland Seafood Industry Association, in particular retailers the body represents, are angry because they fear a fall in income. They are saying the industry is already struggling. Yes, it is struggling because seafood is becoming more difficult to supply.

It is really a case of "someone has to pay and it won't be us". They say fishing boats have been bought and licensing fees have been paid. The reality is, however, that if fishing is not cut back there will not be much to sell.

~~~~~Trade~~~~~

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Selasa, 07 Desember 2010

The US No Longer Diagnoses Narcism

The decision by the American Psychological Association to strike narcissism out as a mental disease is a mistake. Physicians in others countries continue to see it has a disorder many people suffer from. Even the lay person can identify those in society with the malady. The most blatant characteristic is an exaggerated love of self, particularly the continual preening of one's body and dress.

Just why the association has made such a drastic decision is not clear. Perhaps those in authority in the psychological body have been offended because they have been identified with the complaint. This would be a logical conclusion.

Some see those who moved West to new lives with new ways as having been unfairly marked as being narcissistic. This interpretation is quite without foundation. Rockefeller, Jefferson, Edison and even Bill Clinton have had narcissistic claims made against them. A little thought will give the reason why, but it is drawing a very long bow to say all migrants are and were narcissistic.

Underneath the self love the narcissist believes he/she is in some way unacceptable to others and must fight back. This can result in intolerance toward others to outright verbal attack.

The most common trait is a lack of empathy with others. There is a connection with autism here. Many dictators are seen as narcissistic. They rule with an iron glove and live off the fat of the land while those they rule are treated badly and starve.

The entertainment industry is rife with people who really love themselves. Pop stars have to be pulled from the stage as they return to be applauded again and again. Furthermore, there is not much doubt many movie stars are narcissistic as they bathe in public admiration.

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Kamis, 11 November 2010

Google Beats a Small Business into Submission

Dangle, Dingle, Dongle. They are all out according to the Great God Google. It has taken a business "minnow" offering alcohol price comparisons to court and beaten it to death, well into submission, until it agreed not to use the name "Groggle". This means that Google owns by default all new business names that contain "gle". The result of this courtroom debacle is disgraceful. There should be some way where the little man has the resources to fight a giant like Google. The little business cowered in the corner and quietly murmured "Drinkle! That is what we will call our service." Only then would Google put the big stick down.

What is the world coming to when there is no protection from economic monsters like Google. Though this business wasn't even in the same industry as Google, financial muscle won the day. He had to make an out of court agreement of SILENCE! The owner of the business said he couldn't afford to go on with the court case and Google knew it.

In reality Google is breaking the law. It has not right to control use of similar names. Take for example "Palsonic" that uses a Similar name to "Panasonic" and is even in the same industry. Panasonic knew, of course, that Palsonic had the financial resources to fight, so it backed off.

There have been several cases in Australia where MacDonalds has lost the court battle in regard to similar business names. Thankfully the outcome is uncertain enough to make many large companies think before they act.

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Senin, 30 Agustus 2010

Telecommunications Industry Ombudsman Insults a Consumer

Some public servants do not serve the public. Indeed, they tend to favor companies that they are intended to "police". Considering these people are not elected there should be a way of removing them from their positions for insulting the public.

A case in point is the Telecommunications Industry Ombudsman which was set up to deal with complaints from the public about telecommunications companies. When transferring an ADSL service to Telstra recently a problem arose. Telstra calls it Rapid Transfer when changing an Internet service to Telstra, but the system could not be used because the existing Internet provider was contacted by phone and email before the consumer was informed not to do this. Consequently, the consumer would have no Internet connection for up to a week.

I have since discovered that Telstra was lying and could not use Rapid Transfer because the existing provider was not on the list of companies agreeing to the system. Note, there is no intention of informing the public of the problem. Obviously, if consumers knew they would be up to a week without an Internet service they would not change to Telstra.

As if this problem wasn't enough to ruin the consumer's day, Warrick McArthur at the Telecommunications Industry Ombudsman's office insulted the consumer. He said, "You are upset because you can't make the world work your way." This insult was quite unexpected. Indeed, it is shocking behavior. Considering Warrick McArthur is employed by the taxpayer to represent them in conflicts with telecommunications companies.

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Sabtu, 29 Mei 2010

Australian House Prices Will Remain High

An IMF spokesman has a crystal ball and says house prices will crash in Australia. Me-thinks he is completely wrong. He says this will happen because houses in Australia are overvalued in relation to income with a large gap between rent and house values.

ANZ representative Paul Braddick says that low rents to average mortgage repayments is not an indication that property is overvalued. House price to income is also not a good guide to what house prices should be. Australians are still buying despite interest rate rises, but interest is still quite low. Obviously people feel their income can cover the cost. Prices are high in Australia due to one very important factor - property is in short supply. Nothing can be done in the short term to correct this. Indeed, tradesmen are holding buyers to ransom making them wait and pushing up labor charges. These factors also increase price.

The availability of land close to centers of employment is tight and supply is virtually fixed. The government is looking to free up land. Not much is out there though. IMF specialists have got it wrong in predicting a slump in Australian house prices. That's a certainty.

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