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This article was written in August 2011 after a career of many years concerned with Business Development in New South Wales Australia. I've not replaced it because, while the detailed economic parameters have changed, the underlying economic arguments remain the same (and it was a lot of work that I don't wish to repeat) for example:  

  • between Oct 2010 and April 2013 the Australian dollar exceeded the value of the US dollar and that was seriously impacting local manufacturing, particularly exporters;
  • as a result, in November 2011, the RBA (Reserve Bank of Australia) reduced the cash rate (%) from 4.75 to 4.5 and a month later to 4.25; yet
  • the dollar stayed stubbornly high until 2015, mainly due to a favourable balance of trade in commodities and to Australia's attraction to foreign investors following the Global Financial Crisis, that Australia had largely avoided.

 

 

2011 introduction:

Manufacturing viability is back in the news.

The loss of manufacturing jobs in the steel industry has been a rallying point for unions and employers' groups. The trigger was the announcement of the closure of the No 6 blast furnace at the BlueScope plant at Port Kembla.  This furnace is well into its present campaign and would have eventually required a very costly reline to keep operating.  The company says the loss of export sales does not justify its continued operation. The  remaining No 5 blast furnace underwent a major reline in 2009.  The immediate impact of the closure will be a halving of iron production; and correspondingly of downstream steel manufacture. BlueScope will also close the aging strip-rolling facility at Western Port in Victoria, originally designed to meet the automotive demand in Victoria and South Australia.

800 jobs will go at Port Kembla, 200 at Western Port and another 400 from local contractors.  The other Australian steelmaker OneSteel has also recently announced a workforce reduction of 400 jobs.

This announcement has reignited the 20th Century free trade versus protectionist economic and political debate. Labor backbenchers and the Greens want a Parliamentary enquiry. The Prime Minister (Julia Gillard) reportedly initially agreed, then, perhaps smelling trouble, demurred. No doubt 'Sir Humphrey' lurks not far back in the shadows. 

 

 

So what has and hasn't changed (disregarding a world pandemic presently raging)?

 

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Travel

Canada and the United States - Part2

 

 

In Part1, in July 2023, Wendy and I travelled north from Los Angeles to Seattle, Washington, and then Vancouver, in Canada, from where we made our way east to Montreal.

In Part2, in August 2023, we flew from Montreal, Quebec, Canada, down to Miami, Florida, then Ubered to Fort Lauderdale, where we joined a western Caribbean cruise.

At the end of the cruise, we flew all the way back up to Boston.

From Boston we hired another car to drive, down the coast, to New York.

After New York we flew to Salt Lake City, Nevada, then on to Los Angeles, California, before returning to Sydney.

Read more: Canada and the United States - Part2

Fiction, Recollections & News

The Wedding Party

January 29th 2011

 

See some of it on YouTube (some websites may block this)...

Read more: The Wedding Party

Opinions and Philosophy

Medical fun and games

 

 

 

 

We all die of something.

After 70 it's less likely to be as a result of risky behaviour or suicide and more likely to be heart disease followed by a stroke or cancer. Unfortunately as we age, like a horse in a race coming up from behind, dementia begins to take a larger toll and pulmonary disease sees off many of the remainder. Heart failure is probably the least troublesome choice, if you had one, or suicide.

In 2020 COVID-19 has become a significant killer overseas but in Australia less than a thousand died and the risk from influenza, pneumonia and lower respiratory conditions had also fallen as there was less respiratory infection due to pandemic precautions and increased influenza immunisation. So overall, in Australia in 2020, deaths were below the annual norm.  Yet 2021 will bring a new story and we've already had a new COVID-19 hotspot closing borders again right before Christmas*.

So what will kill me?

Some years back, in October 2016, at the age of 71, my aorta began to show it's age and I dropped into the repair shop where a new heart valve - a pericardial bio-prosthesis - was fitted. See The Meaning of Death elsewhere on this website. This has reduced my chances of heart failure so now I need to fear cancer; and later, dementia.  

More fun and games.

Read more: Medical fun and games

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