Canberra threatens exporters as statistics show Australia’s minerals dependence

Analysis by Peter Roberts This week saw the extraordinary spectacle of an Australian prime minister, Scott Morrison, threatening exporters and telling them to cut back on exports. For Morrison to warn alumina producers Rio Tinto and Alcoa to cut back on exports to the United States was strange enough, but the reason for it was…

Peter Roberts – on the road in Kuala Lumpur

By Peter Roberts in Kuala Lumpur I have been travelling to Malaysia for more than two decades since I worked in the region but nowadays my view of the city has been transformed. While once it was easy to dismiss Malaysia as a developing country compared to my home in Australia, progress in the capital…

The economy slows as capital expenditure, R&D fade

Analysis by Peter Roberts Australia’s Productivity Commission has pointed to a deep seated sickness holding back the Australian economy caused by falling levels of company investment and R&D. The Commission’s Productivity Bulletin 2019 just released shows labour productivity rose in 2017/16 by 0.2 per cent. This measure of output per hour worked is way below…

Australia falls again in global broadband speed rankings

If fast broadband is essential to modern business including manufacturing, then you are all better off moving to that technology powerhouse Kazakhstan. The latest Ookla Speedtest Global Index places Australia’s $50 billion National Broadband Network (NBN) as the world’s 62nd fastest fixed broadband, down three places and falling behind the central Asian republic. The latest…

From tyranny of distance to centre of the global economy

For a century Australian businesses bemoaned the tyranny of distance that left us with poor prospects far from the world’s biggest markets. Today’s chart, from Visual Capitalist, brings home with a vengeance the newfound power of our location in the thick of the world’s fastest growing economies. In answers any questions you may have about…