...Cookie Crumbled” UNEMPLOYMENT IN AUSTRALIA AND THE IMPACT OF GLOBALISATION Ray Pierides and his wife Terri stood crying outside Arnott’s biscuit factory in Melbourne after learning in May that they and 600 other workers will be sacked. The couple, both aged 40, are long-term workers at the factory and they want to know how they are going to feed their two young children when the factory shuts. “I feel sick in the stomach about it” Ray Pierides said. “How am I going to put food on the table now?” he asked. Mr Pierides, an Arnott’s worker for 12 years, said he had no money in the bank to keep his young family going. “We’re just living from wage to wage. We take it week by week and struggle through like most families do these days”, he said. Another tearful worker said: “They say business is going very well. So why do they close down?” Terri Pierides said: “For young families like us, it’s really bad. We all have mortgages on our homes. We thought Arnott’s was a company that would back us up all the way. It won’t be easy to find a job. They’ve shafted a whole community”, she said. “They don’t care. As far as they’re concerned, we’re just factory workers. We’re the lowest on Arnott’s chain”. State Finance Minister, John Brumby, warned that if the company did not reconsider its decision, the Government would offer to help its rivals. “Here we have an American multi-national company with plants around Australia with a great brand name, thumbing its...
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...Waller (2010) suggests globalisation has been a characteristic of human affairs for two and a half thousand years, and probably much longer (p. 1). Globalisation is a wide concept that affects cultural, social, technological and economic relationships (Sjøholt & Vatne, 2012). A prime example of globalisation being affected by these relationships is the 2007/2008 Global Financial Crisis. During the Global Financial Crisis, Australia demonstrated resilience as their economy growth continued uninterrupted (Merricks, 2012, p. 37). According to Adonis (2013), the Global Financial Crisis is the greatest example of ways in which globalization can spread toxically and rapidly, and the fragility that comes with globalisation. Furthermore, Boyd (2011)...
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...investigate the first signs of globalization in Australia and how it affected aspects such the political, social, cultural and economic aspects in the country. This article will trace back to 1788 and see how economic globalization has affected Australia as a whole till this current day. Introduction Globalisation affects many aspects of people’s lives such as political, cultural and economic. Globalisation simply means that there are no borders between countries, which mean that trade, goods and services, and financial flows and labor will be able to move freely between different countries. Globalisation can be seen as the merging of the world into one big component (Robertson, 1992). Globalisation has spread rapidly throughout the country from the 1990s till now and the main form of globalization that Australia has seen is in the form of economic globalization. It has been said that in order to keep up with other countries, Australia has to create and provide better jobs and living standards that are higher (Sheil, 2002). Australia has been exposed to economical pressures from globalization that has affected many aspects of the country (McClelland & St John, 2006). Cultural Globalisation Cultural globalization is seen as the coming together of beliefs and values from people around the world (Castells, 2009). Aspects such as ‘welfare dependency’ and ‘social exclusion’ are an important part in the process of cultural globalization (McClelland & St John, 2006)...
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...relationship between government, business and civil society under the impact of globalization. Taking education industries in Australia and Vietnam as examples, the positive and negative impacts are clarified which in turn show the change in power battle. Some definitions firstly are introduced to state that globalization is connecting economies, societies, polities and cultures together and it affects in all aspects. Thanks to it, education has changed vigorously compared to the past, diversified itself to many forms and expanded across border. Basing on the strongly development of globalization, plus the impact of cutting fund from government, many Australia universities view transnational education as a possible solution. Number of offshore campuses grow dramatically in South Asian. The examples show that, offshore campuses bring huge amount of revenue to Australian transnational education providers as well as strengthen Australian economy through tax. In addition, it helps many universities save money thanks to low cost operation in developing countries. Finally, through education, society takes advantage of globalization through brain gain. Meanwhile, Vietnam suffers considerable negative impacts such as brain drain, increasing competition in revenue and controlling the quality of foreign education providers. On theme of power, the relationship between government, business and civil society in Australia has changed significantly thanks to the huge contribution of business. Though...
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...Globalization Name: Institutional affiliations: This paper focuses on highlighting how the processes of globalization have changed the experiences of growing up and being educated in for the adolescent children aged 12 to 15 in Australia. Globalization is the process by which organizations and businesses establish international relations through the exchange of world business views and ideas, culture and products with other nations of the world. These businesses and organizations then start to operate and trade on an international scale. Globalization can be attributed to advances in the industrial sector, changes in the transportation and telecommunication systems, infrastructural changes, and the rise in the internet culture and development. The interplay of these forces in politics, religion and economies influence the economic trends of each country. Some of the social effects of globalization to the world economy include: poverty reduction due to increase in the wages and employment rate in the participative developing countries, improved healthcare provision due to the registered decline in the maternal and infant mortality rates, the provision of better educational standards, in line with the global millennium developmental goals. However globalization has also been viewed as a key in increasing the unemployment rates in the third world countries due to massive sacking of workers, high poverty rates and low income generation among the working...
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...Jackie Keyes Discover Australia 25/8/14 Re-Branding a Multicultural Australia The Opening Ceremonies of the Olympic Game’s are intended to be a way for the hosting country to present them selves to the rest of the world, along with welcoming them to their country. Such ceremonies are planned to be visually pleasing and exploding with dramatic representations of the host countries past and present culture, lifestyle, and rituals. Sydney used 2000 Opening Ceremony for the Olympic games as a way to demonstrate the important roll the British had in colonizing Australia while easing up previous racism accusations, as well as portraying Australia to be home to a vibrant unified multicultural society, offering world-class destinations.- All throughout the Opening Ceremony an evolution of stories were played out for viewers; certain stories were more centralized narratively then others in particular. A sugarcoated version of the Aboriginals history, British Colonies exploration and the evolution of a young Australia, are considered the primary tales narrated. Starting out with a large horse and man scene which spoke strongly to the tourist market specifically Americans, this was perceived as a stunt to attract viewers to Australia along with scenes involving Australia’s beaches, outback territory and high ratio of animals throughout the ceremony. The connection and reconciliation between the white girl who represents a young Australia and the aboriginal man spoke to the...
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...Globalization has benefited developed countries more than developing countries. To what extend do you agree with this statement? Globalization is widely discussed subject. Therefore, it is not that easy to explain such a complicated term in simple words. The advancement in technology such as mobile phones, airplanes, telephones and the internet have made the growth of transport and communication networks possible and more convenient. This means that people and countries can exchange information and goods more quickly and in a less complicated way. This is called globalization. Since, there is an active trade among countries, the products that are manufactured are affordable. The products can be purchased by more people since they are priced cheap. However, the trade of economic goods and products are not only the matter that takes place, but also services, knowledge, cultural goods and even languages. Simply, globalization can be described as the borders being removed so that countries become economically, socially and politically interdependent on one another. There are both benefits and consequences to globalisation for developed and developing nations which impact aspects of society such as employment, level of foreign investment, brain drain/gain and aid (UNESCO, 2014). Globalization has helped countries to developed greatly in all the economy and society. Researchers from different parts of the world have gone through this topic and there are some of them who believe...
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...Globalisation and Rising Inequality in Australia Is Increasing Inequality Inevitable in Australia? Tom Conley Griffith University Introduction I want to dedicate my government to the maintenance of traditional Australian values. And they include those great values of mateship and egalitarianism.1 10 years ago a Mitsubishi type development would have flattened people psychologically. Now they take it in their stride … 2 Policy-makers and commentators have long been cajoling Australians into accepting that they are a part of the global economy, which means an acceptance of a whole range of ‘new realities’. One of the major themes of the pro-globalisation position is that Australia has accepted these new realities and adjusted well to globalisation by embracing economic liberalism. The results, it is argued, have been overwhelmingly beneficial. John Howard points out the Australian economy has grown for fourteen years straight – a remarkable achievement by any standards. This success story of growth has tended, however, to override more disaggregated, negative analyses of social outcomes in Australia. A less sanguine part of this new globalising ‘reality’ appears to be an acceptance of rising inequality. Indeed, it is often implied that rising inequality is a spur for growth. The argument is that everyone is better off, it’s just that some people are better off than others. While commentary is often not explicit about the association of globalisation and rising inequality...
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...can be used to address the firm’s problems and opportunities. It will identify the economic and political policies that affect this firm and how the policies impact business decisions. It will discuss how the firm uses technology for strategic advantages and the impact of globalization for the firm. Economics for the Global Manager Introduction The world’s largest; Boeing is an aerospace company that leads the manufacturing of commercial jetliners. Boeing also has manufacturer defense, space, and security systems (About Us, 2013). Boeing’s global operations have supply and manufacturer activities outside the U.S. (Backgrounder, 2013). The economic concepts that apply to this firm are manufacturing of commercial jetliners as well as defense, space, and security systems and these concepts can be used to address the firm’s problems and opportunities (About Us, 2013). The economic and political policies that affect this firm are economic growth and political turmoil and these policies impact business decisions (Long-Term Market, 2013). The firm uses technology for strategic advantages by ¬making plans in its research and development investments to maximize potential returns and the impact of globalization for the firm (Arkell, 2005). Boeing Boeing is the world’s largest aerospace company that has a long tradition of leadership and innovation. It leads the field in the manufacturing of commercial jetliners as well as defense, space, and security systems. As a top exporter...
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...1.0 Introduction Hospitality as an industry is very broad and ranges from multi-national corporations to single-person enterprises. The hospitality industry in Australia is responsible for over 80 different types of jobs. The various sectors in Australia’s hospitality sector include tourist services, events, travel services, visitor attractions, bars pubs and night clubs, membership clubs, holiday parks and gambling. The country’s hospitality industry has over 13,000 different firms providing more than 400,000 job opportunities to the country’s citizens. The hospitality industry in Australia contributed a total of 2.8% of the country’s GDP in 2013, and the sector employs 3.5% of the total workforce in the country. Tourism, a major sub-sector in Australia’s hospitality industry is made up of both foreign and domestic tourists. Foreign tourists account for 30% of the country’s tourists while the remaining 70% is usually covered by local tourists. 2.0 Market structure Australia’s hospitality industry operates under a monopolistic type of competition. Under monopolistic competition, there are usually many firms offering the same products to consumers. The services and products from firms in a monopolistic competition are usually differentiated to create a competitive edge (CHON & MAIER, 2010, p. 14). Monopolistic competition is different from perfect competition because, goods and services from firms in a monopolistic competition are not usually the same, a case that is the opposite...
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...Financial Crises in 2007-2008. Furthermore, I will discuss how these challenges are linked to the globalization debate, and provide some policy recommendations as to how this company can internally reverse the situation. Company Overview XYZ is a multinational computer technology and IT consulting organisation, with a continuous history dating back to the 19th century. XYZ manufactures and sells computer hardware and software, and offers infrastructure services, technology services, and business consulting services to help forward-thinking enterprises, institutions and people solve their most complex problems. . XYZ has an industry wide reputation as one of the world's largest computer companies and systems integrator. With over 433,362 (2012) employees worldwide, XYZ is one of the largest and most profitable information technology employers in the world. XYZ holds more patents than any other U.S. based technology company, and has eleven research laboratories worldwide. The company employs scientists, engineers, consultants, and sales professionals in over 170 countries and has earned five Nobel Prizes. In Australia, XYZ has been operating for over eighty years and has significantly invested in the local economy. With natural resources, digital transformation, and sustainable cities at the forefront of the national agenda, XYZ’s global expertise and innovation is helping Australia compete in the world economy. Introduction It could be argued that the Australian economy...
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...through contemporary context. Overview of organisation When discussing globalization it is critical to emphasis the importance a multinational corporation holds over the international business environment. A Multinational corporation (MNC) is an organisation that has registered facilities and assets in business endeavors in more than one country. MNC’s are highlighted for their success in incorporating products, ideas and cultures from more than one country in order to achieve a common goal. With reference to the definition of a MNC, British Petroleum (BP) is undoubtedly a MNC as it undergoes its business ventures throughout the entire world and in countries such as China, Australia, Canada and Mexico. A key aspect of MNC’s is to multi nationalize every aspect of your organisation when aiming to expand internationally, BP are successful in ensuring that every branch of BP around the world has the common sustainable goals. BP has a direct correlation in Foreign Direct Investment (FDI). A FDI is when an organisation finances into production or business ventures in an external country to the one they are operating in. There are many forms of FDI, however, BP are directly investing through expanding their own operations in another country. This is clearly evident through operations that began close to hundred years ago in Australia. BP searched from crude oils and natural gases that Australia possesses in order to expand their...
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...Some commentators have suggested that Australia is ignoring Japan due to the rise of China as Australia’s number one trading partner and the growing importance that is attached to this relationship. Some commentators have suggested that Australia has deliberately been repulsing their trade with Japan due to their rise in trade with China and have prioritized them as their top global trading partner. China is now Australia’s most important trading partner. In 2009, China’s contribution with Australian exports was three times more than its world import share. China’s competitiveness in manufacturing imported good provides low-costs for Australia. Global trading is the exchange of tangible and intangible products between countries. These products include food, clothes (materials), alcohol, jewelry, tobacco and cars. Two texts which relate with trade between Australia, Japan and China and which will be mentioned below are “Cry havoc? Public opinion and recent Australia-Japan relations” and “Going Global: A New Australia- Japan Agenda for Multilateral Cooperation". There are many reasons as to why Australia’s relationship is increasing more and more with China as opposed to Japan. Reasons include the low unemployment rate in China, globalization and China and Japans currencies compared to the Australian dollar. According to statistics Japans population is estimated to be 127 million people where as Chinas population is an outstanding 1.3 billion people. These figures are a clear...
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...Starting a technology company in Tasmania Australia Western International University International Business INB 300 March 25, 2009 No doubt everyone is familiar with a computer or sorts, either it are at work, home or right in their very hands. Today’s society requires that we establish and continue to maintain a familiarity with computer through all different kinds of electronic devices. Without information that is passed between individuals, organizations and in this case a startup technology company, there would be no use for electronic devices. Information, or pieces of information called data, is moved around the world at what seems the speed of light. Imperative as it seems more so now a days from sales agents to the average Joe information needs to be accessible in seconds. Having the accurate information as well having the ability to organize and recall data about a particular subject is part of this papers makeup. The other portion of this paper is establishing a set of plans for the business to come into its own. Through discussing what type of technology and product along with a business plan to set this business in motion in Tasmania Australia is the focus of this paper. A start-up company’s way of making sure they become viable and a respected entity is through having a solid product and business plan. For this instance the technology company being discussed centers around the warehousing of data from clients. Data warehousing is the secure...
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... Social Conservatism 7 Conclusion 8 References 9 Annotated Bibliography 11 Politics: Howards Government Thesis Statement The changes brought by he Howard’s government in social, political, and economical landscape are substantially different from previous regimes and tend to move away from welfare state to free market system. Introduction This paper discusses the changes that have been brought by the 11 year era of 25th Prime minister of Australia, Mr John Winston Howard. This era saw economic expansion that is characterized as longest in the history of Australia. Howard’s policies, practices, philosophies, and decisions have been widely debated specially over the issue of abolishing welfare system, treatment of asylum seeker after the 9-11, and such. This paper discusses the changes in the era of Howard and its consequences. Discussion The 25th Prime minister of Australia, Mr John Winston Howard, was born on July 26th; 1939.he is the longest serving prime minister of Australia after Sir Robert Menzies. His era of Prime Ministership started March 11th, 1996 and ended in December the 3rd 2007. After 1980, it was the first Federal victory of coalition of the National Parties and liberals. The first terms was 1996 to 1998, the second term of the Howard was 1998-2001. The third term started in 2001 and ended in 2004. While the last term of Howard as Prime minister started 2004 and ended in 2007. All the four term are marked by severe conflicts...
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