Have talent, will sell

Article Abstract:

Many high-technology corporations of Australia are being acquired by overseas concerns, especially in the United States, because of factors, including Australia's high taxation, trade deficit, and market size. Tax laws discourage investment, and the research and development tax was cut from 150% to 125% in August 1996. Telecommunications industry imports are growing and have increased the trade deficit for 1998-99 to $10 billion. Listing on the stock exchange is expensive for small companies that outgrow the Australian market, and it is simpler for those companies to be purchased.

Acquisitions Analysis-Foreign, Foreign investments, Taxation, Economic aspects, Telecommunications services industry, Telecommunications industry, Acquisitions and mergers, International trade, Corporate taxes, Information technology, Technology, Corporations, Foreign business enterprises

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The garage sale hits the big time

Article Abstract:

There are three online auction sites in Australia and there will be six by Dec 31, 1999. Australian online sites saw the financial rewards of US auction sites and decided to launch their own. Australian online sites are growing at a rapid pace although they are still smaller than US sites.

Telegraph & other communications, Video Retailing Service, All Other Information Services, Management, Marketing, Online services, Internet services, Electronic commerce, E-commerce, Home shopping, Online auctions

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