Traffic Technologies expands to the Internet of things

Road system technologies manufacturer Traffic Technologies (ASX: TTI) is branching out into smart city sensors and data analysis as it embraces the Internet of Things (IoT), The Melbourne company will develop with Monash Council and Monash University, both in Melbourne’s south-east,a smart city control system of sensors, communications equipment and data analysis technologies. The development,…

Vital Signs. Business investment is flatlining, and it isn’t clear that suasion or a special allowance will help

By Richard Holden, Professor of Economics, UNSW You know the economy is in trouble when a clever and successful Liberal Party treasurer resorts to doing an Elizabeth Warren impersonation in front of the Business Council of Australia in hopes of boosting investment. That’s what Josh Frydenberg did on Monday, saying: Share buybacks and capital returns are…

Nestle embraces blockchain to give consumers supply chain visibility

The world’s largest food manufacturer Nestle is investing in supply chain transparency through a collaboration with OpenSC, a blockchain platform that allows consumers to track their food back to its source. The company, also Australia’s largest food manufacturer with six factories, is the first major food and beverage company to pilot open blockchain technology. Founded…