A shake-up in the making

Article Abstract:

The declining Australian manufacturing industry is changing, largely because of innovations, including more emphasis on research and development and the "value chain." Manufacturing comprises only 13% of the country's gross domestic product, down from 18% in 1979. The value chain is a company's involvement in areas outside their expertise: marketing, distribution, and customer relations. The government has not realized the importance of innovation in a company's growth, and many in the industry are calling for a 200% research and development tax concession, which would be in line with other countries.

Retail Trade, Other Commercial and Service Industry Machinery Manufacturing, All Other Miscellaneous Electrical Equipment and Component Manufacturing, Manufacturing industries, not elsewhere classified, Coin-Operated Amusement Equip, Lasers & Related Equip, Chemicals & allied products, not elsewhere classified, Other Chemical and Allied Products Wholesalers, Industrial Gases Whsle, Manufacturing industry, Manufacturing industries, Innovations, Retail industry, Product development, Coin operated recreation equipment, Gases industry, Industrial gases industry, Laser industry, Game arcades, Amusement arcades, Pacific Dunlop, Industrial gas wholesalers, BOC Australia, Aristocrat (Australia), Vision Systems Ltd.

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Waiting for the smoke to clear

Article Abstract:

The Australian cigarette industry is facing changes because of outside competition, an Australian merger, and a cigarette excise tax. W.D. and H.O. Wills and Rothmans Holdings are merging, and its new group, BAT Australasia, will sell some of its brands and assets to Imperial Tobacco Group of the United Kingdom. The market share of the merged group would be reduced from 62% to 45%. Imperial is an unknown in Australia, and market analysts are not sure how to read the deal. In November 1999, the Australian government will place an excise tax of 18.8 cents on each cigarette.

United Kingdom, Cigarettes, Cigarette Manufacturing, Management, Taxation, Mergers, acquisitions and divestments, Tobacco industry, Imperial Tobacco Group PLC, W.D. and H.O. Wills (Australia) Ltd., Rothmans Holdings, BAT Australasia

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Australia's most admired

Article Abstract:

Don Argus is Australia's most admired business leader and the National Australia Bank is the most admired company, according to a survey of business executives conducted by AC Nielsen and commissioned by PricewaterhouseCoopers. Business leaders admire those peers who are willing to defend their beliefs and, in the process, risk offending political and community leaders.

Statistical Data Included, Achievements and awards, Corporations, Executives, Business enterprises, National Australia Bank Ltd., Argus, Don

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