Sectors & Industry

Small (Business) but Wiry

It seems that in Australian politics - and this campaign in particular - everyone loves a small business.  Just before this year’s federal budget, Treasurer Scott Morrison said of small businesses: “they are the hope of the side.”

Featured Articles

OPEC Meeting: I've Got Expectations in Low Places

OPEC ministers meet in Vienna tomorrow. Expectations could hardly be lower.  Attempts to agree on an output freeze were stymied by the Saudi's insistence that is rival Iran participates as well.  Iran cannot agree to limit its production yet, or it would have sacrificed (or postponed) it nuclear program for naught.

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Could Cuts Now Create Oil Production Supply Reductions Later?

Total global oil production could decline for the next several years in a row as scarce new sources of supply come online.  According to data from Rystad Energy, overall global oil output will fall this year as natural depletion overwhelms all new sources of supply. However, the deficit will only widen in the years ahead due to the dramatic scaling back in spending on new exploration and development.

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A Lesson on Competition in Aged Care Services

More competition in the delivery of human services, as recommended by the Harper Inquiry, is likely to increase the variety of services available, reduce the price of services and may encourage innovation. However, when it comes to aged care sector, competition may not necessarily result in better care, due to market failures.

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China's Great Firewall

For the first time this year, the United States Trade Representative’s (USTR) ‘National Trade Estimate Report’ took note of China’s Great Firewall. Granted, it was with this tame statement: ‘China’s filtering of cross-border Internet traffic has posed a significant burden to foreign suppliers’.

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Oil, Lithium, and the Global Energy Situation

The energy sector was certainly a bargain in January, but no one really knows where oil will be around Christmas. While we may have already seen the bottom, stock prices are not the bargain they were.  There are other plays. Think electric vehicles and even driverless cars. Find what's undervalued now and get in on some of the games that will dictate glorious future wealth.

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Turning to Businesses to Close the Pay Gap

In recent months, debates about global economic inequality have reached boiling point. In Britain, voters will soon decide whether to exit the European Union against the backdrop of a growing Brexit movement fuelled by perceptions of an unfair European trading system.

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Winning Hearts and Minds, Uber has a Precedent

App-based ride company Uber has been battling the “establishment” around the world, from traditional black taxi drivers in London to regulators in Australia. However, Uber is far from the first upstart travel company to rock the status quo. More than 150 years ago, in Victorian Britain, the Thomas Cook travel agency faced vilification before skilfully winning over its critics.

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If Trade Costs Rise, SMEs will Suffer

Small and medium-sized enterprise (SME) exporters have the potential to change the world. They are innovative, they are often young, and they are competitive. Yet globally, they can expect more than half (52%) of their proposals to finance trade transactions to be rejected by banks.

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The 'Glass Half Full' Part of New Overtime Rules

The Obama Administration issued new rules this week that will allow millions more Americans to qualify for overtime pay.  The Labor Department regulation, which will take effect in December, will double the annual threshold that helps determine who qualifies for overtime when they work more than 40 hours in a week.

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When is a Millennial not a Millennial?

Reading the headlines on Gen Y, Gen X and millennials it’s clear many people believe distinct generational categories exist, that there are very real differences between them, and that organisations must manage these differences. Others write articles claiming there is battle raging between one generation and another.

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It's Just an Election, No Need to Stop Shopping

It is well known that retail sales have regular cycles that can be disrupted by external events, such as federal elections. While anecdotally it has been suggested that uncertainty around elections causes shoppers to close their wallets and purses, there appears very little evidence either domestically or globally to support the claim that an election campaign will negatively impact consumer spending.

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Would You Pay Up for Something that Will Last Longer?

From fashion to food and electronics, many industries are facing a backlash against cheaply made products that do not last. Sick of printers that break within two years, or suitcases that fall apart the second time you use them, there is a growing appetite for long-life guarantees – from the promise of the 30-year jumper to the rise of shopping sites dedicated to products that last a lifetime.

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Leicester City Manager Displays the 'Romance of Leadership'

Few things excite the public imagination like the unexpected victory of an underdog. In addition, few underdogs in sport have matched the triumph of Leicester City winning the English football Premier League this year. Their victory has been celebrated widely in and out of the football world, as that of a plucky David putting the game’s big-spending Goliaths to shame.

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