Galt Global Review

QFS 360

April 22, 2003
business digest


Australian Roundup
by Jim Plouffe

headlines:
Optus launches WiFi
Universities to get windfall
High Court unbalanced, critics claim
Massive scientific research program launched
Foster’s to sell brewery


Optus launches WiFi
Australia’s second largest telecommunications firm launched a substantial wireless broadband access service across the country this month.

Known as WiFi, the wireless technology allows laptop and PDA users to surf the web or download emails at select locations without having to plug into a phone service.

Optus plans to have 500 locations, mainly at coffee shops and in airports, operating by the end of the year and will be charging between five and 50 Australian dollars depending on the number of hours subscribers sign up for. Additional time will cost an average of $10.00 per hour.

Optus also plans to install the technology into new hotel complexes.
<< top >>

Universities to get windfall
The Australian Federal Government is debating how to use the $1.2 billion it pledged last May to improve universities across the nation.

One idea is to give students living in rural and regional areas a monetary incentive to attend university.

The Howard Government has also pledged another $200 million to improve teaching standards at Australian universities – the standard of teaching has come under fire as Australia’s best and brightest move to overseas institutions for better postgraduate opportunities.

The plan has also earmarked at least $700 million for universities that comply with the stringent industrial and governance conditions laid down by the government.

The government wants universities to forgo the traditional collective approach to pay negotiations and introduce individual job agreements.
<< top >>

High Court unbalanced, critics claim
The Australian High Court is skewed toward men, New South Wales critics argued this month after the recent retirement of the only female High Court judge.

The retirement of High Court Justice Mary Gauron has left the High Court without a woman in its ranks.

The president of Australian Women Lawyers, Dominique Hogan-Doran, says that women are not represented throughout the superior courts of Australia.

She says women make up only 15 per cent of the federal and state high courts – about 38 of the 250 senior judges.

The critics say the imbalance will remain as long as the prime minister has the power to appoint judges he considers sympathetic to his political views.
<< top >>

Massive scientific research program launched
Australia began its biggest scientific research program this week with the launching of its National Flagships Initiative.

The aim of the initiative is to bring together science and industry to tackle key challenges in fields such as preventative healthcare, light metals, water, food, oceans and energy. According to the Commonwealth Scientific and Industrial Research Organization (CSIRO), every Flagship is a partnership of leading Australian scientists, research institutions, commercial companies and selected international partners.

Dr Geoff Garrett, the chief executive of CSIRO said the program will use “frontier science to deliver a real difference to the lives, health, jobs and environment of Australians.”

In the healthcare initiative, for example, the goal is to extend the productive and healthy lives of Australians by 10 years through early diagnoses and prevention of disease.

Other Flagship programs will devise ways to protect Australia’s fragile water systems while maintaining the agribusiness the country was built upon.

Flagships are based on a “Team Australia” philosophy and it is hoped they will help build new industries and broaden the skill base of the Australian workforce.
<< top >>

Foster’s to sell brewery
.Australia’s best-known brewer is set to sell one of its largest breweries in Sydney.

The brewery, part of the Carlton & United Brewery (CUB) division of the Foster’s beverage conglomerate, will be sold by February 2005, putting over 300 people out of work in the heart of Sydney.

Foster’s will shift production to breweries in Queensland and Western Australia (two markets it claims are growing) in an attempt to further realize the AUS $100 million in efficiency gains the brewery hopes to gain over the next five years.

The excellence and popularity of Australian wines has put a major dent in beer sales in Australia -- the image of a burly man with a cold can is more often than not being replaced by a gourmet with a chardonnay.

CUB said it would focus on developing new products to meet any gaps that arose in its product range as tastes evolved.

“While no major product gap exist in CUB’s current beer product portfolio, the current rate of exchange in consumer habits combined with a customer base that continues to rapidly evolve, means that product gaps will emerge over time” states Foster’s.
<< top >>