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Manufacturing in Australia

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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

Taiwan

 

 

 

In May 2015 four of us, Craig and Sonia Wendy and I, bought a package deal: eleven days in Taiwan and Hong Kong - Wendy and I added two nights in China at the end.  We had previously travelled together with Craig and Sonia in China; Russia, India and South America and this seemed like a good place to do it again and to learn more about the region.

Taiwan is one of the Four Asian Tigers, along with Korea, Singapore and Hong Kong, achieving the fastest economic growth on the Planet during the past half century. Trying to understand that success was of equal interest with any ‘new sights’ we might encounter.

Read more: Taiwan

Fiction, Recollections & News

The Meaning of Death

 

 

 

 

 

 

'I was recently restored to life after being dead for several hours' 

The truth of this statement depends on the changing and surprisingly imprecise meaning of the word: 'dead'. 

Until the middle of last century a medical person may well have declared me dead.  I was definitely dead by the rules of the day.  I lacked most of the essential 'vital signs' of a living person and the technology that sustained me in their absence was not yet perfected. 

I was no longer breathing; I had no heartbeat; I was limp and unconscious; and I failed to respond to stimuli, like being cut open (as in a post mortem examination) and having my heart sliced into.  Until the middle of the 20th century the next course would have been to call an undertaker; say some comforting words then dispose of my corpse: perhaps at sea if I was travelling (that might be nice); or it in a box in the ground; or by feeding my low-ash coffin into a furnace then collect the dust to deposit or scatter somewhere.

But today we set little store by a pulse or breathing as arbiters of life.  No more listening for a heartbeat or holding a feather to the nose. Now we need to know about the state of the brain and central nervous system.  According to the BMA: '{death} is generally taken to mean the irreversible loss of capacity for consciousness combined with the irreversible loss of capacity to breathe'.  In other words, returning from death depends on the potential of our brain and central nervous system to recover from whatever trauma or disease assails us.

Read more: The Meaning of Death

Opinions and Philosophy

Australia's $20 billion Climate strategy

 

 

 

We can sum this up in a word:

Hydrogen

According to 'Scotty from Marketing', and his mate 'Twiggy' Forrest, hydrogen is the, newly discovered panacea, to all our environmental woes:
 

The Hon Scott Morrison MP - Prime Minister of Australia

"Australia is on the pathway to net zero. Our goal is to get there as soon as we possibly can, through technology that enables and transforms our industries, not taxes that eliminate them and the jobs and livelihoods they support and create, especially in our regions.

For Australia, it is not a question of if or even by when for net zero, but importantly how.

That is why we are investing in priority new technology solutions, through our Technology Investment Roadmap initiative.

We are investing around $20 billion to achieve ambitious goals that will bring the cost of clean hydrogen, green steel, energy storage and carbon capture to commercial parity. We expect this to leverage more than $80 billion in investment in the decade ahead.

In Australia our ambition is to produce the cheapest clean hydrogen in the world, at $2 per kilogram Australian.

Mr President, in the United States you have the Silicon Valley. Here in Australia we are creating our own ‘Hydrogen Valleys’. Where we will transform our transport industries, our mining and resource sectors, our manufacturing, our fuel and energy production.

In Australia our journey to net zero is being led by world class pioneering Australian companies like Fortescue, led by Dr Andrew Forrest..."

From: Transcript, Remarks, Leaders Summit on Climate, 22 Apr 2021
 

 

Read more: Australia's $20 billion Climate strategy

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