Monthly Archives: August 2013

Recipe for an icon

It was a tough sell, but Cyril Callister, inventor of Australia’s beloved spread, Vegemite, overcame a disappointing beginning to shape the taste of a nation. Read how Vegemite went from being spectacularly unsuccessful to remarkable. Read more

Base Metals Market Update – August 2013

Metals prices remain well below peaks recorded earlier in the year but have seen some support recently from more upbeat economic data, particularly from the large advanced economies, although China is showing early signs of stabilising as well. Read more

Gold Market Update – August 2013

The price of gold fell by a notable 4.3% in July, but has stabilised more recently, recovering by a modest 2.8% over August to date. Spot gold is currently around $1,380 an ounce. The price of gold will certainly record its first annual decline since 2000. Read more

Quarterly Agribusiness Survey – June 2013

Post-farmgate agribusiness conditions rebounded in the June quarter to be mildly positive but confidence fell marginally. Customer demand remains the single most significant constraint to businesses’ future profitability. Expectations for capex plans surged to the highest in two years. Read more

Tapping into China’s e-commerce market

It’s time for Australian businesses to start thinking more about how they can tap into China’s booming e-commerce market. Lisa Goodhand, Director at China Blueprint Online shares some steps businesses can take to help boost their sales. Read more

US Economic Update – August 2013

US GDP rose by 1.7% (annualized rate) in the June quarter, an improvement on the March quarter, but still only a modest rate of growth. The stronger growth largely reflected a pick-up in business investment and a much smaller detraction from growth from public demand. Read more

Rural Commodities Wrap – August 2013

Global equity markets recovered earlier losses as it became clear that central banks would not rapidly turn off their monetary easing, although we still expect the US Federal Reserve to start tapering in the coming few weeks. Read more

Stepping back from total control

A business that depends on one person for its success is a business at risk - but stepping back is rarely easy, particularly for the founder of a family business. Bill Noye, Partner in charge of KPMG Private Enterprise in Brisbane, suggests ways to make the process as smooth as possible. Read more