Many people still believe that the purpose of business is make a profit, that financial success is the ultimate measure of business success. But at what expense?
Indonesia surprised the global mining community last week after a new rule – Government Regulation No. 24 of 2012 – was quietly announced on the mining ministry’s website.
New Landgate data obtained by private developer Satterley Group shows that, for land sales under 1,000 square metres, most of the key urban growth areas fell in 2011 compared to 2010, which itself was well below the average.
Across the whole of Australia, businesses in the hospitality and tourism industry have been suffering from staff shortages for a number of years, and at present, the situation does not seem to be improving.
There may be an increase in international tourism arrivals each year (of around 2% p.a. since 2001), but there has not been a significant increase in hotel beds. In some parts of the country this is becoming, and has already become, a major problem.
The good news for the tourism sector in Australia is that the number of international tourist arrivals to the country has been increasing year on year, by roughly 2% per annum since 2001.
The New Zealand Freedom Camping Act that became law in August 2011 is certainly a subject for debate, with many cheering it on, while others feel it will ruin an experience that has become part of the country’s culture.