Brand new day

Article Abstract:

The deregulation of the advertising industry has resulted in companies merging, acquiring, diversifying, divesting, and restructuring their operations. It has also resulted in more clients demanding more for less and receiving it. Industry experts contend that soon larger firms will get bigger, while smaller ones will either merge with other firms or go out of business.

Economic aspects, Advertising agencies, Advertising, Deregulation

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The born-again department store

Article Abstract:

This article describes the rapid growth of Australian department store chain Harris Scarfe, which went from one store in Adelaide in 1993 to 35 in 1999, with plans for further expansion. Relevant points include the role of chairman Adam Trescowthick, the use of Kohl's in the US as a model, and plans to achieve greater economies of scale with mergers and higher earnings.

Australia, Retail trade, Department stores, Harris Scarfe Holdings Ltd.

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Torturing Telstra

Article Abstract:

Telstra faces an uncertain future as plans for its privatization failed by the vote of Queensland Senator Mal Colston. Telstra's privatization is seen by many as a conflict of interest by the government and the communications industry regulator who is the majority owner. There is also the question of the impact of Telstra's privatization on its competitors.

Social aspects, Political aspects, Privatization, Privatization (Business), Telstra Corporation Ltd., Government ownership, Nationalization

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