Efic director Andrew Watson discusses how 2016 will be a mixed year for the world economy and the significant export opportunities that exist for SMEs
Employing 70 per cent of Australia’s labour force, it cannot be overstated how important it is to keep a finger on the pulse of our nation’s SMEs. On that note, SME Association of Australia (SMEA), which has over 18,500 members across the country, recently released the findings of an extensive survey they conducted. The McNair…
Everywhere this week, companies have been taking advantage of a red-hot Australian dollar to engage in mergers and acquisitions. Leon and Garry talk about AMP and France’s AXA SA bidding on AXA Asia Pacific, Brambles buying the Dutch IFCO Systems, OneSteel buying business from AngloAmerican, and more, plus all the latest news in this Talking Business podcast.
In this podcast, Leon and Garry talk about the soaring Australian dollar with the NAB predicting it will hit $US1.10 in the next six months. Treasurer Wayne Swan warns that it could erode tax revenue with manufacturing, agriculture and tourism the hardest hit. Exporters are calling for government assistance to offset the impact of a strong dollar.
Leon and Garry talk about how Australians should be bracing themselves for more interest rate rises, possibly four, as the RBA manages the largest minerals boom since the 19th century. Meanwhile, the Aussie dollar soars to a two-year high, and while Australia’s commodity forecaster predicts a jump in commodity exports, consumers continue to tighten their belts.
It is generally thought that a soaring Aussie dollar is terrible for exporters. However, as Austrade’s Chief Economist Tim Harcourt reveals, there are two sides to every coin.
Do you find the soaring Aussie dollar depressing? Don’t despair. Austrade’s chief economist Tim Harcourt reveals some silver lining for Australian exporters. The Australian dollar is now in the high 80 US cent territory – a level not seen since the 1980s when Bob Hawke was Prime Minister and Warwick Capper was flying…
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