“Where were you when Gough was sacked?” This of course refers to Remembrance Day, the 11th November 1975, the very day when the elected Prime Minister Gough Whitlam was sacked by Governor-General Sir John Kerr in cahoots with the Leader of the Opposition Malcolm Fraser?
We get a lot of free advice from billionaires about how to deal with our largest trading partner China.
And the big men fly in Dubai, Dalain and Delhi: The international dimensions of Aussie Rules Football.
I’ve been very lucky in my life. I’ve been lucky to watch a lot of games of footy. I’ve seen almost every SANFL grand final in the 1970s and 1980s in Adelaide and every AFL grand final (bar 2) since 1992 at the MCG in Melbourne.
Poke a Russian bear with a stick and he will retaliate. That’s the lesson facing Australian exporters today. When Australia announced they were joining the USA and Europe in placing trade sanctions on Russia in response to Malaysian Airlines MH 17 being shot down in Ukraine, it could do so realising there wasn’t much trade to talk about.
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.
The Airport Economist's
Guide to International
Business is the new
"Must Have" travel
Claxton Speakers International
Phone: 61 2 9909 0033
Facsmile: 61 2 9909 0633