Strategy radar – week ended Fri 26/10/2012 – Treasury’s view on Australia’s economy and the importance of Agri
Highlights this week include: IAG announcement of a “modest” rise in premium to meet reinsurance costs, ANZ’s record profit and a warning of bad debts, BoQ’s overhaul of their commission payments to franchisees to stop losses from bad debts, and NAB’s issues in the UK.
In the non financial sectors, The Times They Are a-Changin’, or back to the future…: Queensland is about to lift its Uranium ban in place since 1982, and IT manufacturers are looking for a second wind in mobility, which has redefined the sector in the past years.
Continuing our series of snapshots on economic outlooks from various perspectives: after cars, housing and equity markets in previous radars, this week is a much more “macro context debrief” of Dr Martin Parkinson (Secretary to the Treasury)’s views on the future of the Australian economy, with a notable insight on the role of Agri.
As per usual, main sources (and other recommended data points) are curated in Pearltrees: http://pear.ly/bKEMf