It’s official, Amazon is coming to Australia, promising cheaper prices, faster delivery times, and access to a greater range of products, including groceries.
Amazon books no profit, pays no dividends and puts everything it earns back into growth. Starting 20 years ago with a share price of $US16. In April the AFR reported the price as over $US900 with a market capitalisation around $US440 billion. Gerry Harvey warned:
“They are the animal that went right across America devouring all before it, sending everyone broke.”
The Senate has passed the so-called ‘registered organisations commission bill’, with only Jacqui Lambi joining the Greens and Labor to vote against it (see also Michelle Grattan). Now the game moves to proposed legislation to restore the Australian Building Construction Commission, which I’ll examine below.
Essentially the government succeeded with the registered organisations commission bill by doing deals with The Nick Xenephon Team (NXT) and Derryn Hinch on whistle-blower provisions. Hinch reckons the whistle-blower provisions are the best in the world, and the Government has agreed to extend them to the corporate and government sectors by 2018. Continue reading ABCC: a better plan for union governance?→
Terry Sweetman in the Courier Mail has raised a real question about the objectivity of Commissioner Dyson Heydon’s report on trade unions.
the part of the iceberg he can identify is populated by about 30 unionists and 16 executives from large commercial organisations who are adversely mentioned or recommended for possible prosecution.
It’s official, Amazon is coming to Australia, promising cheaper prices, faster delivery times, and access to a greater range of products, including groceries.
The Senate has passed the 
While we are all at the beach and otherwise distracted, Malcolm Turnbull has been doing some house cleaning.
