How Australia's exports are faring

Article Abstract:

Japan is Australia's main trading partner and economic difficulties in Japan are expected to have an adverse effect on Australian exports to the country. Japanese buyers are asking for price reductions on Australian goods of almost 15% because of the economic difficulties. Even a 10% price reduction of the price of Australian raw materials could decrease Australian iron ore and coal accounts by $570 million Australian.

Bilateral Trade Negotiations, Japan, Cover Story, Japanese foreign relations, Trade negotiations, Australian foreign relations

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The young money

Article Abstract:

Most of the baby boomer generation share market fortunes made in 1998-99 were in the telecommunications, information, and travel services industries. Use of technology and the Internet are key factors in the new business model, as the Internet has changed the way businesses interact with each other. The Internet is expected to have more impact than the 1988 $38 billion personal computer market.

United States, Australia, Technology & Information, Economic aspects, Internet, Telecommunications services industry, Telecommunications industry, Information technology, Influence, Travel industry, Baby boom generation

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China takes the state out of enterprise

Article Abstract:

China's President Jiang Zemin is focused on liberalizing China's market economy in areas that are underperforming, although most of the steel, iron, automotive, chemicals and energy sectors will remain state-owned. Liberalization means opportunities for Australian firms, such as Robway Crane Safety Systems, which makes safety software for the construction industry.

General Economic Programs, China, Economic policy, Deregulation

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