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…

Apprenticeships continue their freefall

Australia’s apprenticeship system continued its freefall in 2018, with bad news in all important statistics reported in the latest National Apprentice and Trainee statistics. The National Centre for Vocational and Educational Research (NCVER) reported that the number of apprentices in training as at 30 September, 2018 had fallen 0.6 per cent form the previous year…

China sneezes, will Australia catch cold?

Analysis by Peter Roberts China’s economy has finally cracked under multiple pressures ranging from a trade war with the US to massive over-building and related indebtedness. The boom economy which is a major supporter of Australia’s economic fortunes recorded exports in US dollar terms in February which were 20.7 per cent down on the previous…

Energy metals boom challenges Australia to add value

Today’s inforgarphic, from Visual Capitalist, throws down the challenge to Australia for the 21st Century. Will we ride this new bull wave for metals needed in the new economy simply by digging the stuff up and shipping it out? Or will we use our natural advantages, skills and wealth as a nation to go up…

Holden and Australia pay the price for ending manufacture

Comment by Peter Roberts It must have seemed such a good idea at the time – threaten the Australian government that you would pull out of local manufacturing if they didn’t cough up some extra dough. But for GM’s Holden subsidiary, 2018 was confirmation of what an own goal its threat was, slumping spectacularly in…

Game changing digitial business technologies for 2019

A massive 40 per cent of top technology executives rate artificial intelligence (AI) as the top-game changing technology of our times, according to a survey by Gartner research. Gartner surveyed chief information officers (CIOs) of top performing companies and AI came out on top, followed by data and analytics, cloud and digital transformation. With a…

New Melbourne-made electric vehicle breaks cover.

A revolutionary new electric vehicle made in a factory in outer Melbourne has been revealed by the specialist electric vehicle news service, The Driven. The vehicle is made by Applied Electric Vehicle Robotics, which will display it at the Consumer Electronics Show in Las Vegas in January. The vehicle was first spotted in the grounds…