Galt Global Review

QFS 360

May 11, 2004
business digest


Australian Roundup

By Faye Mallett

headlines:
Desalination plant under construction
South Australia to benefit from tourist boom
More Australians becoming self-employed


Desalination plant under construction
The $2 billion desalination plant being proposed by the State Government to solve Sydney's water crisis could be operated by a private company which would sell the water back to consumers.

The plan for the plant is due to go to cabinet next week. Fourteen possible sites have been identified for the plant, which could provide up to one third of the city's water - 500 million litres a day.

However, the Greens and environment groups raised alarm bells about the project, claiming the plant was five times larger than proposals first mooted last year.

As a result, it would produce in the vicinity of 1 million tonnes of greenhouse gasses annually, they claimed.

"A desalination plant producing 100 million litres of water a day would create more greenhouse emissions that 50,000 new cars on the road," Greens MP Ian Cohen said. The Government must instead make recycling stormwater and sewage the priority."

Mr Sartor said the Government needed to be prepared to build a desalination plant if dam levels dropped from their current 41.2 per cent level of capacity to 30 per cent.

South Australia to benefit from tourist boom
South Australia is well set to cash in on a predicted boom in tourists from China.

Visitors from China are anticipated to become the biggest source of tourism income to Australia by 2014. They would be worth $5.9 billion a year. Chinese tourists brought $1.2 billion in spending in 2004, and are expected to increase up to $5.9 billion a year in the coming decade.

The forecast was released at the annual Australian Tourism Export Council symposium in Alice Springs yesterday by Federal Tourism Minister Fran Bailey.

The value of inbound tourism to Australia would reach $32.1 billion in 2014, compared to $18.5 billion this year. "Tourism already earns us more export dollars than coal and wool combined," Bailey said.

The current leader in tourism value is the UK, which was worth $2.8 billion last year.

More Australians becoming self-employed
A record number of Australians are running small businesses from their homes in pursuit of cheaper overheads and a better balance between work and family life.

New Australian Bureau of Statistics figures reveal the number of people operating home businesses exceeded a million for the first time last year.

Home businesses have experienced an explosion in recent years. In 1997, 466,100 businesses engaged 722,600 people. By June last year, this increased to 856,200 businesses engaging 1,039,700 people.

With more workers setting up their own home businesses, trade union memberships went down from 2,376,000 in 1993 to 1,842,100 last year, with only 23 per cent of employees being members of trade unions last year.

Many home-based operators claim they are more productive working from home and getting that work-life balance is important to people.