Galt Global Review

QFS 360

August 18, 2004
business digest


Australian Roundup
by Esme Friesen

headlines:
Austrade promotes moving to Japan
Desalination more palatable for WA Farmers
Plankton poo key to global warming


Austrade promotes moving to Japan
Japanese consumers just can’t get enough of Australian exports, but Australian companies need to set up in Japan to maximise advantages in Australia’s largest export market.

Australia’s most loyal market is steadily expanding and the Australian Trade Commission (Austrade) and its Japanese counterpart the Japan External Trade Organisation (JETRO) will tour Australia this week advising companies already exporting to Japan on how they can benefit by investing in Japan through establishing operations.

Their four practical “Setting Up in Japan” workshops will focus on how to boost export sales by getting inside the market.

Austrade has invited as guest speaker at these seminars Mr. Terrie Lloyd, publisher of Jap@n Inc, and a well-known Australian entrepreneur who has established eight businesses in Japan over the last 20 years. Trade and investment experts from Austrade and JETRO will be on hand to advise on why getting inside the market works and how best to do it.

Australia’s Senior Trade Commissioner in Tokyo, Mr. Phil Ingram, said that even though Australian exporters are doing well in Japan, the ones that are doing the best are those that have established some sort of presence inside the market to support their sales.

“A resurgent Japan means plenty of opportunities for exporters, but getting inside the market and getting closer to the customers can lead to even greater sales. After many years of reforms and deflation, Japan is not such an expensive country to set up a business and the returns are definitely there to be had,” Mr. Ingram said.

“Australian companies sold over $25 billion in goods and services to Japan last year, more than double that of the USA, Australia’s second largest market.”

The seminars will be held in Brisbane (24 Aug), Sydney (27 Aug), Melbourne (30 Aug) and Adelaide (31 Aug).

Desalination more palatable for WA Farmers
The Western Australian Farmers Federation Inc. (WAFarmers) has welcomed the State Government’s announcement that a desalination plant is to be built as the State’s next major water source.
WAFarmers Senior Vice President and Property Rights and Water Resource Security portfolio holder Dale Park said that the announcement was a significant win for WAFarmers as desalination was one of several options put forward in the early consultation process on the State Water Strategy.

“The Government’s proposal to extract water from the South West Yarragadee would potentially have disastrous outcomes for the dairy and horticulture industries reliant on the aquifer for their ongoing productivity and viability,” said Mr Park.

“WAFarmers continues to support the Government’s research into the SW Yarragadee but not as a potential supply source for metropolitan consumers. Social and economic studies already conducted into the extraction proposal have shown that the aquifer should be preserved for the communities reliant on it.”

The Government has highlighted potential environmental impacts as the primary reason for the move away from the SW Yarragadee, but is reminded that the environment is only one third of its sustainability equation. Economic and social factors demand equal consideration.

“The projected financial imposition on consumers of less than a dollar a week is miniscule when put in perspective with the continued supply of high quality, low cost horticultural and dairy products coming out of the region. Importing these products to replace lost production through farm water restrictions would hit a consumer’s pocket much harder that the desalination cost,” he said.

WAFarmers believes that several other options remain that can contribute significantly to bolster the States water supplies and will continue to work with the State Government to pursue these outcomes and at the same time improve the water resource security of its members.

Plankton poo key to global warming
Plankton waste could be the key to understanding how much carbon dioxide our oceans can store, according to Tasmanian researcher Dr Karin Beaumont.

" We need to understand where and how carbon dioxide is stored in the oceans. Part of the answer lies in the poo of microscopic zooplankton: does it float or does it sink?" said Karin.

"Heavy poo that sticks together and sinks to the ocean floor is good. It locks up carbon dioxide for thousands of years."

"Other poo that breaks up and floats near the surface is not good. The carbon dioxide in this poo can be re-released to the atmosphere, adding to the Greenhouse Effect," says Karin, who conducted her research as part of a PhD with the University of Tasmania and the Australian Antarctic Division.


Around 25% of carbon taken up by the oceans is currently stored in the deep-sea. "Knowing which plankton contribute to this carbon export will help us understand how changes in their abundance will influence the greenhouse effect", says Karin.

As algae grow in the oceans, they take up carbon dioxide - a powerful greenhouse gas. Zooplankton are tiny marine animals that graze the algae.

Karin has discovered that the waste from the most abundant plankton floats. And, there is currently 1500 million tones of protozoa, a type of zooplankton, in the Southern Ocean alone.