If you think that the Government’s plan to break-up Telstra is aimed at giving consumers a better deal then you are thinking just the way they want you to. The real reason the Government wants Telstra weakened is so that it’s poorly planned National Broadband Network (NBN) has an easier path into the broadband market.
Entries Categorised as 'Technology'
September 14th, 2009 · 26 Comments
Recently there has been a lot of joyous reporting about the massive Gorgon Project and the expected boost that the Australian economy will get from multi-billion dollar LNG export contracts. However is Australia really getting a good deal for it’s LNG and as a nation, are are we tapping into all the benefits we should be getting from this massive project?
July 29th, 2009 · 6 Comments
The world’s major stock markets have all enjoyed fairly strong rallies over the last week or so and in Australian the ASX All Ordinaries has run up around 30% since March. But there is a sense of unease amongst investors because there are still plenty of economic indicators that suggest the global economy still faces challenges. That is because we have entered what I call the Economic Twilight Zone!
July 7th, 2009 · 4 Comments
It has been hard to write much about the Japanese economy of late simply because the economic data appeared to change every day. But over the last few weeks things do seem to have stabilised and both the government and the private sector in Japan generally agree that the economy probably hit the bottom earlier this year.
July 6th, 2009 · No Comments
Trying to forecast where technology may lead us is relatively easy compared to determining where to invest in order take advantages of these technological trends. Some companies that may appear ideally suited to do well in the future may actually find technology works against them and some sectors that appear “hot” might actually turn out to be quite unprofitable.
July 3rd, 2009 · 12 Comments
Technological advancements and the fortunes of mankind have been intertwined since our distant ancestors worked out how to harness the power of fire or use a sharpened stick to hunt for food. The future will be no different so it makes sense as investors to try and have some understanding of how some technologies may develop over the next decade or so.
May 1st, 2009 · 3 Comments
The global economic downturn is hurting most developed nations and at present, most governments around the world are focused on supporting their economies via a range of economic stimulus packages. But in my mind a good stimulus package should not only be cost effective and support future productivity, but it should also position a nation for the eventual recovery in the global economy. In that respect Australia could learn a lot from Japan where contrary to what is conveyed in the western media, a great deal of thought and common sense goes into government spending packages and long term planning.
April 11th, 2009 · 29 Comments
Like many Australians I have been frustrated for many years over the slow progress that was made in getting affordable high speed internet connections widely available across Australia. However in order to get a world class communications network deployed we need the private sector to be in the driving seat and for the government to be involved as little as possible. Yet thanks to government mismanagement, Australia is now about to spend a fortune of taxpayers money to roll-out a national broadband network.
April 9th, 2009 · 10 Comments
It seems the Australian government is in the mood to throw money around in order to try and lessen the impact of the recession, but one option that does not seem to have been raised is for the government to establish another sovereign wealth fund. This new fund could act as means of supporting the stock market and provide a source of income over future years to maintain spending on such things as national infrastructure and healthcare.
April 7th, 2009 · 2 Comments
The interesting thing about North Korea’s latest long range rocket launch was not that it happened, but rather the fact that it highlights once again the illogical nature of United States foreign policy especially in North Asia. Perhaps the best outcome from this latest action by North Korea would be for the U.S. to step back a little and let China, Japan, Russia and South Korea work out a solution with North Korea, after all it is their part of the world.
February 25th, 2009 · 2 Comments
If you have read mainstream media reports about the Japanese economy lately then it is likely you have been bombarded with articles about the plight of temporary workers and the plunge in profits at companies like Toyota. This has probably conveyed an image to you that Japan Inc. is on the verge of collapse, however nothing could be further from the truth because even in the midst of this global crisis, Japanese companies are looking towards the future and making sure they are ready to bounce back with the global economy improves.
February 17th, 2009 · 23 Comments
Lost within the turmoil of the $42 billion federal government spend-a-thon and the so called “national economic crisis” has been the issue of the infamous “National Broadband Network”. After ridiculing the Howard government for taking too long to initiate work on this network, all Senator Conroy has managed to do is set things back a few years and we are still effectively nowhere near seeing work start on on this important national infrastructure project.
February 15th, 2009 · 46 Comments
Although many business analysts and market commentators will tell you that the merger between Vodafone and Hutchison in Australia will create a strong third force in the mobile telecommunications market, quite the opposite is probably true. The company that will evolve from this merger will struggle to hold onto existing customers and rather than closing the gap with Optus and Telstra, the gap may actually become even wider.
November 23rd, 2008 · No Comments
There is nothing like a global crisis to showcase the shortcomings of elected representatives all around the world. In the U.S. we have seen lawmakers grilling bankers for a crisis that was largely caused by the actions of Congress and the Clinton Administration whereas in Australia we have seen the government make a number of economic blunders.
July 28th, 2008 · 4 Comments
Often one of the major problems facing Japan is said to be that is has a declining population. All sorts of scary statistics are used to paint an almost doomsday scenario where at some point there will be few young people left, the country will be composed mainly by the elderly and the economy will collapse.