The most arrogant people in Australia are business people and we’re sick of them

The Australian Psyche Won’t Put Up With Inequality

 

How the worm – and the world – turns. When the Abbott government came to power just four years ago, it claimed its arrival signalled the “end of the age of entitlement”. Don’t laugh, it’s happening – but in the opposite way to what treasurer Joe Hockey had in mind.

Source: The most arrogant people in Australia are business people and we’re sick of them

amazon retail threat

Amazon Retail Threat Is Real To Woollies CEO | Interview by Peter Ryan ABC

Amazon Retail Threat Will Destroy Jobs In Australia.

Amazon retail threat will disrupt retailing in Australia as it has in the US. So why is the government subsidizing employers to train young people in retail sales?

Amazon Retail Threat

 

Mr Banducci was pressed by the ABC on Amazon’s disruptive potential for traditional retailers as the online giant prepares to unleash in Australia later this year.”Amazon is obviously a very material potential competitor in this space,” Mr Banducci said.”Customers are looking for a lot more convenience in the way they shop. Amazon and many others are of course going to provide that convenience if we don’t.”Mr Banducci urged against complacency in relation to Amazon as he unveiled a full-year profit of $1.5 billion — a big bounce back after last year’s loss of $1.2 billion due to write-downs of the failed Masters hardware chain.One of the Woolworths businesses most exposed to online competitors such as Amazon is the Big W chain, which made a loss before tax of $150.5 million.

Source: Woolworths CEO Brad Banducci aware of Amazon retail threat – ABC News (Australian Broadcasting Corporation)

Amazon Retail Threat Will Impact On Property Investors

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Automation | Artificial Intelligence | Machine Learning | A Brave New World For Landlords And Tenants

Automation Will Bring Huge Changes In Our Economy

Automation is coming faster and harder than ever before. What will the automation brought by artificial intelligence do to your future. A new report pulls back the curtain.

Automation may not take the form of Mr Smith the elegant evil programme of the Matrix series but he may be every bit as dangerous in the short term.

automation or death

 

 

 

 

 

 

 

So how does this affect your investment property?