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Made In Australia (short Story)
Manufacturing in Australia peaked in the 1960s at 25% of the country's gross domestic product, and has since dropped below 10%. At one stage manufacturing employed almost a third of Australia's workforce. Automotive manufacturing in Australia began in the 1920s and came to an end in 2017. Australia's greatest manufacturing achievement was the manufacture of the Beaufort, a twin-engined torpedo bomber, during World War II. Australia's manufacturing sector is diverse with the largest sub-industries being food, beverage and tobacco, machinery and equipment, petroleum, coal and chemicals and metal products. History The manufacture of small steam engines began in the 1830s. The majority of Australia's manufacturing was undertaken in the capital cities and Newcastle because of their proximity to shipping and rail hubs. Working conditions were poor with little regard to health and safety. Child labour was endemic. The clothing and footwear industries were particularly bad. I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Port Kembla, New South Wales
Port Kembla is a suburb of Wollongong 10 km south of the CBD and part of the Illawarra region of New South Wales. The suburb comprises a seaport, industrial complex (one of the largest in Australia), a small harbour foreshore nature reserve, and a small commercial sector. It is situated on the tip of Red Point: its first European sighting was by Captain James Cook in 1770. The name "Kembla" is an Aboriginal word meaning "plenty fwild fowl". History Before Port Kembla was an industrial suburb of Wollongong, it was a town with a remarkably self-sufficient society, a growing commercial centre, and a vibrant civic life. Town subdivision began in 1908, and by 1921 there were 1622 residents. Economic expansion propelled further population growth. Port Kembla derives its name from its proximity to Mount Kembla. Industrial change A copper smelter and refinery, the Electrolytic Refinery and Smelting Company of Australia, began production in 1908, followed by the opening of Me ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New South Wales
New South Wales (commonly abbreviated as NSW) is a States and territories of Australia, state on the Eastern states of Australia, east coast of :Australia. It borders Queensland to the north, Victoria (state), Victoria to the south, and South Australia to the west. Its coast borders the Coral Sea, Coral and Tasman Seas to the east. The Australian Capital Territory and Jervis Bay Territory are Enclave and exclave, enclaves within the state. New South Wales' state capital is Sydney, which is also Australia's most populous city. , the population of New South Wales was over 8.3 million, making it Australia's most populous state. Almost two-thirds of the state's population, 5.3 million, live in the Greater Sydney area. The Colony of New South Wales was founded as a British penal colony in 1788. It originally comprised more than half of the Australian mainland with its Western Australia border, western boundary set at 129th meridian east in 1825. The colony then also includ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gross State Product
Gross regional domestic product (GRDP), gross domestic product of region (GDPR), or gross state product (GSP) is a statistic that measures the size of a region's economy. It is the aggregate of gross value added (GVA) of all resident producer units in the region, and analogous to national gross domestic product. The GRDP includes regional estimates on the three major sectors including their sub-sectors, namely: * Raw material sector: Agriculture, animal husbandry, fishery, and forestry. * Industry sector: Construction, electricity, manufacturing, mining, quarrying, and water. * Service sector: Communication, finance, private government services, property management, real estate sales, storage, trade, and transport. "The GRDP is usually presented in nominal and real terms. Nominal GRDP measures the value of the outputs of the economy at current prices. Real GRDP referred to as GRDP at constant prices, measures the value of an economy's output using the prices of a fixed base ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Research And Development
Research and development (R&D or R+D), known in some countries as OKB, experiment and design, is the set of innovative activities undertaken by corporations or governments in developing new services or products. R&D constitutes the first stage of development of a potential new service or the production process. Although R&D activities may differ across businesses, the primary goal of an R&D department is to new product development, develop new products and services. R&D differs from the vast majority of corporate activities in that it is not intended to yield immediate profit, and generally carries greater risk and an uncertain return on investment. R&D is crucial for acquiring larger shares of the market through new products. ''R&D&I'' represents R&D with innovation. Background New product design and development is often a crucial factor in the survival of a company. In a global industrial landscape that is changing fast, firms must continually revise their design and range of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gross Domestic Product
Gross domestic product (GDP) is a monetary measure of the total market value of all the final goods and services produced and rendered in a specific time period by a country or countries. GDP is often used to measure the economic performance of a country or region. Several national and international economic organizations maintain definitions of GDP, such as the OECD and the International Monetary Fund. GDP is often used as a metric for international comparisons as well as a broad measure of economic progress. It is often considered to be the world's most powerful statistical indicator of national development and progress. The GDP can be divided by the total population to obtain the average GDP per capita. Total GDP can also be broken down into the contribution of each industry or sector of the economy. Nominal GDP is useful when comparing national economies on the international market according to the exchange rate. To compare economies over time inflation can be adjus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jackson Committee
The Jackson Committee was established in 1974 by the Whitlam government of Australia to advise on policies for Australia's manufacturing industry. The committee was chaired by R.G. Jackson, the then general manager and a director of CSR Ltd. Its report advocated a move towards a more open economy, with gradual structural adjustment A structure is an arrangement and organization of interrelated elements in a material object or system, or the object or system so organized. Material structures include man-made objects such as buildings and machines and natural objects such as ... of Australia's manufacturing sector. However, it was criticized over its call for increased assistance to manufacturing through grants and tax concessions and its suggestion that exchange-rate policy should offer more support for the sector. Its multi-volume report was tabled in October 1975. The report took an interdisciplinary approach, considering not only economic aspects but also social and human f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Protectionist Tariff
Protective tariffs are tariffs that are enacted with the aim of protecting a domestic industry. They aim to make imported goods cost more than equivalent goods produced domestically, thereby causing sales of domestically produced goods to rise, supporting local industry. Tariffs are also imposed in order to raise government revenue, or to reduce an undesirable activity (sin tax). Although a tariff can simultaneously protect domestic industry and earn government revenue, the goals of protection and revenue maximization suggest different tariff rates, entailing a tradeoff between the two aims. How tariffs work A tariff is a tax added onto goods imported into a country; protective tariffs are taxes that are intended to increase the cost of an import so it is less competitive against a roughly equivalent domestic good. For example, if similar cloth for sale in America cost $4 for a version imported from Britain (including additional shipping, etc.) and $4 for a version originating ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Aircraft Factories
Government Aircraft Factories (GAF) was the name of an aircraft manufacturer owned by the Government of Australia. The primary factory was located at Fishermans Bend, a suburb of Melbourne in Victoria. It had its origins in the lead-up to World War II, during which it was known as the Department of Aircraft Production (DAP). In 1987, GAF was reorganised and renamed as Aerospace Technologies of Australia (ASTA), then privatised. ASTA was purchased by Rockwell International, that was in turn purchased by Boeing a few years later. ASTA subsequently formed the nucleus of Boeing Australia. History World War II The entity was established just before the outbreak of World War II when the Australian government recognised that supplies of aircraft from traditional sources could no longer be assured. To ensure supply of aircraft, in 1939 the government set up the new Department of Supply and Development with an Aircraft Construction Branch within that department; both organisations ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coca-Cola
Coca-Cola, or Coke, is a cola soft drink manufactured by the Coca-Cola Company. In 2013, Coke products were sold in over 200 countries and territories worldwide, with consumers drinking more than 1.8 billion company beverage servings each day. Coca-Cola ranked No. 94 in the 2024 Fortune 500, ''Fortune'' 500 list of the List of largest companies in the United States by revenue, largest United States corporations by revenue. Based on Interbrand's "best global brand" study of 2023, Coca-Cola was the world's List of most valuable brands, sixth most valuable brand. Originally marketed as a temperance bar, temperance drink and intended as a patent medicine, Coca-Cola was invented in the late 19th century by John Stith Pemberton in Atlanta, Georgia. In 1888, Pemberton sold the ownership rights to Asa Griggs Candler, a businessman, whose marketing tactics led Coca-Cola to its dominance of the global soft-drink market throughout the 20th and 21st centuries. The name refers to t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
General Motors
General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. The company is most known for owning and manufacturing four automobile brands: Chevrolet, Buick, GMC (marque), GMC, and Cadillac, each a separate division of GM. By total sales, it has continuously been the largest automaker in the United States, and was the List of manufacturers by motor vehicle production, largest in the world for 77 years before losing the top spot to Toyota in 2008. General Motors operates manufacturing plants in eight countries. In addition to its four core brands, GM also holds interests in Chinese brands Baojun and SAIC-GM-Wuling, Wuling via SAIC-GM-Wuling, SAIC-GM-Wuling Automobile. GM further owns GM Defense, a namesake defense vehicles division which produces military vehicles for the United States government and military, the vehicle safety, security, and information ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ford Motor Company
Ford Motor Company (commonly known as Ford) is an American multinational corporation, multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the List of Ford vehicles, Ford brand, and luxury cars under its Lincoln Motor Company, Lincoln brand. The company is listed on the New York Stock Exchange under the single-letter ticker symbol F and is controlled by the Ford family (Michigan), Ford family. They have minority ownership but a plurality of the voting power. Ford introduced methods for large-scale manufacturing of cars and large-scale management of an industrial workforce using elaborately engineered manufacturing sequences typified by moving assembly lines. By 1914, these methods were known around the world as Fordism. Ford's former British subsidiaries Jaguar Cars, Jaguar and Land Rover, acquired in 1989 and 2000, r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
