As a frequent flyer, particularly around the Asia Pacific region, I, like many, awoke to the horror of more bad news for Malaysian Airlines. This time Malaysian Airlines flight MH 17 was allegedly shot down over the disputed Ukraine-Russia territory while making its way from Amsterdam to Kuala Lumpur. This comes in the same year that the world – particularly Australia – has been searching for MH 370 in the Indian Ocean off the coast of Western Australia. Same country, same flag carrier, but a disaster of potentially even greater proportion in global terms.
The days of a high Australian dollar can lead to doom and gloom amongst Australian exporters, so the headlines go, or do they? It’s clear that the high exchange rate means different things to different sectors in the economy. As they say, with a high dollar you can export to Asia, and import online from America; take your holidays in Tuscany and Thailand rather than Tully and Townsville. But new research from the DHL Export Barometer shows the issue is a lot more complicated that you think.
We are just a few days away from the long awaited FIFA World Cup in Brazil – the most watched sporting event in the world. Like the Olympics it happens every four years since it began in 1930 and this time the event has been controversial because of protests against the hosting of the World Cup (and Rio Olympics in 2016) by local Brazilians and most recently by suggestions of corruption in FIFA’s decision to hand the 2022 World Cup to Qatar.
Introduction – from competition to collaboration
By Tim Harcourt
Australia and Latin America have been separated by geography, culture and economic ties. Historically, because of their respective colonial ties, Latin America looked to Europe and Australia looked to England, and we’ve been in different hemispheric ‘spheres of influence’ ever since.
When I was at ACTU, everyone was there wanting to be the Prime Minister one day (or at least get into Parliament). In fact, the then ACTU Secretary Bill Kelty told us that there were a few potential future PMs amongst us when we had the rare staff meeting (usually after an election). This is not surprising the job as I had at the ACTU as the research officer had originally been filled by Bob Hawke who became a very successful PM and Ralph Willis, who became Treasurer.
1. What’s the state of play?
Tim Harcourt travels
the globe in search of
Australia's export successes
& explains how you could be next!
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