Thursday, August 18, 2022

Aussie construction industry trails NZ and Asia on digital transformation

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Procore Technologies, Inc., a global provider of construction management software, released the third edition of its construction industry benchmark report How We Build Now. Despite significant headwinds, 85% of Aussie respondents remain confident about the 12 months ahead, up from just 43% in April 2020. While optimistic, Australia lags behind the APAC average of 91% and is at the back of the pack when it comes to tech adoption.

Jamaica plots more sustainable and innovative investments in 2022

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As Jamaica pursues its Vision 2030 development plan which will transform the island’s economy, the country’s gov't continues to seek innovative investments that can accelerate economic growth. These investment projects will not only provide economic rewards, but will also be sustainable, create new avenues for development in communities, towns, and cities, and will lead to significant improvement in Jamaica’s overall business environment.

The impacts of China’s COVID lockdowns on Australian agriculture

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Strict lockdowns in China – as the country tries to eradicate the spread of COVID – are not only affecting its citizens, but also having flow-on impacts on trading partners, like Australia. There are four impacts of the lockdowns that are set to have ramifications for agribusiness – disruptions to freight logistics, Chinese corn plantings, dairy demand and hog pricing.

Executives share thoughts about the latest Australian federal budget

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Following the federal budget announcement last week, several executives from various businesses across Australia shared with BusyContinent what they’re satisfied with, what they’re not...

How Brexit is creating a host of new export and trading opportunities, especially for...

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As the United Kingdom begins to settle after the changes brought on by Brexit, it is clear that many traditional avenues of export – and by extension business growth – have been closed off. Goods and services trade with EU partners is declining, but other regions are now rising to fill the breach.

Oxford Economics confirms beer’s significant global economic impact

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The worldwide report to assess the beer industry’s global economic impact found that 1 in every 110 jobs in the world is linked through direct, indirect, or induced impact channels to the beer sector, and supported $555bn of gross value added (GVA) to global GDP in 2019.

The high speed rail can generate economic growth to help pay for itself

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Land value growth could be used to fund the proposed high-speed rail network on the east coast of Australia, The University of New South Wales (UNSW) research shows.

Cost increases to challenge global beef demand according to Rabobank

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Global beef markets remain tight on strong ongoing consumer demand and constrained supply, however headwinds are building, Rabobank says in a newly-released report. In its Q1 Global Beef Quarterly, the specialist agribusiness bank says while global beef prices remain high – with cattle prices across most key beef-producing regions at their highest levels in five years – cost pressures are building in the supply chain.

The GRI Perspective: Stakeholder capitalism revolution is underway

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What does ‘stakeholder capitalism’ mean? Why should companies be accountable for their impacts on society and the environment, and not only the interests of investors? These key issues are addressed in Towards stakeholder capitalism: how we can get there, the second instalment of ‘The GRI Perspective’. This new regular series dives under the surface of topical themes in the world of sustainability reporting.

The sun shines brightly for Australian agriculture in the year 2022

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Australia’s agricultural sector is set for another profitable year, with the gross value of agricultural production on track for a 4th year of growth according to Rabobank. The flagship annual Australian Agribusiness Outlook for 2022 is titled ‘Making Hay While the Sun Shines’ and the specialist global agribusiness bank expects a stellar year.