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.InfoNavNewsletterSubscribeTextBox { margin-right: 0px; margin-top: 0px; width: 152px; } </style> </head> <body> <table class="" border="0" cellpadding="0" cellspacing="0"> <!-- begin main table--> <tr> <td width="170"> <!-- empty tc on left--> </td> <td align="left"> <!-- tc to contain all content and keep in center--> <table cellpadding="0" cellspacing="0" border="0"> <!-- table to create header --> <tr> <td height="" width="180" align="left"> </td> <td align="left"> </td> </tr> <tr> <td valign="top" align="left"> <table cellpadding="0" cellspacing="0" border="0"> <tr> <td valign="top" height="0"> <img src="http://www.ibisworld.com.au/common/newsletter/images/homepagelogo3.gif" alt="" /> <br /> </td> </tr> </table> </td> <td align="left" width="450" valign="top"> <table cellpadding="0" cellspacing="0" border="0"> <tr> <td width="440" align="left" valign="top"> <p style="font-size: 11px; text-align: right;"> | <a style="font-size: 11px;" href="#aMember">Membership</a> | <a 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style="width: 5px"> <img src="http://www.ibisworld.com.au/common/newsletter/images/TOCtopright.gif" alt="" /> </td> </tr> </table> <table border="0" style="width: 354px;" cellpadding="0" cellspacing="0"> <tr> <td class="DarkGray" > <img border="0" src="http://www.ibisworld.com.au/common/newsletter/images/cp.gif" alt="" height="1" width="1" /> </td> <td valign="top" > <table border="0" cellpadding="3" cellspacing="0"> <tr> <td rowspan="9"> <img border="0" src="http://www.ibisworld.com.au/common/newsletter/images/cp.gif" alt="" height="183" width="1" /> </td> <td colspan="2"> <p class="heading1"> IN THIS EDITION:</p> </td> </tr> <tr> <tr> <td width="30" align="center"> <a href="#aIndustry"> <img border="0" src="http://www.ibisworld.com.au/common/newsletter/images/placeholderarrow.gif" alt="" /></a> </td> <td class="tdToc"> <a class="menuitem" href="#aIndustry">INDUSTRY - Eco-Conscious Corporations </a> </td> </tr> <tr> <td align="center"> <a href="#aFocus"> <img border="0" src="http://www.ibisworld.com.au/common/newsletter/images/placeholderarrow.gif" alt="" /> </a> </td> <td class="tdToc"> <a class="menuitem" href="#aFocus">COMPANY Ford - No Easy Ride </a> </td> </tr> <tr> <td align="center"> <a href="#aRisk"> <img border="0" src="http://www.ibisworld.com.au/common/newsletter/images/placeholderarrow.gif" alt="" /> </a> </td> <td class="tdToc"> <a class="menuitem" href="#aGlobal">GLOBAL Trends - The Graying of Australia</a> </td> </tr> <tr> <td align="center"> <a href="#aRisk"> <img border="0" src="http://www.ibisworld.com.au/common/newsletter/images/placeholderarrow.gif" alt="" /> </a> </td> <td class="tdToc"> <a class="menuitem" href="#aRisk">INDUSTRY RISK - Free to Air Television & Sports</a> </td> </tr> <tr> <td align="center"> <a href="#aEconomic"> <img border="0" src="http://www.ibisworld.com.au/common/newsletter/images/placeholderarrow.gif" alt="" /> </a> </td> <td> <a class="menuitem" href="#aEconomic">Economics & Demographics Scoreboard - CPI 4.5%</a> </td> </tr> <tr> <td align="center"> <a href="#aRuthven"> <img border="0" src="http://www.ibisworld.com.au/common/newsletter/images/placeholderarrow.gif" alt="" /> </a> </td> <td> <a class="menuitem" href="#aPresentation">Phil Ruthven - Presentation Material</a> </td> </tr> <tr> <td align="center"> <a href="#aUpdated"> <img border="0" src="http://www.ibisworld.com.au/common/newsletter/images/placeholderarrow.gif" alt="" /> </a> </td> <td> <a class="menuitem" href="#aUpdated">Updated Reports - 20 Reports!</a> </td> </tr> </table> </td> <td class="DarkGray" > <img src="http://www.ibisworld.com.au/common/newsletter/images/cp.gif" alt="" height="1" width="1" /> </td> </tr> </table> <table border="0" style="width: 354px" cellpadding="0" cellspacing="0"> <tr> <td style="width: 5px"> <img src="http://www.ibisworld.com.au/common/newsletter/images/TOCbottomleft.gif" alt="" /> </td> <td class="WhiteBottom"> <img src="http://www.ibisworld.com.au/common/newsletter/images/cp.gif" alt="" height="1" width="1" /> </td> <td style="width: 5px"> <img src="http://www.ibisworld.com.au/common/newsletter/images/TOCbottomright.gif" alt="" /> </td> </tr> </table> </td> </tr> </table> </td> <td valign="top"> <table cellpadding="0" cellspacing="0" border="0"> <tr> <td valign="top"> <img src="http://www.ibisworld.com.au/common/newsletter/images/audate.gif" alt="" /> </td> </tr> <tr> <td height="10" /> </tr> <tr> <td> <table border="0" style="width: 256px" cellpadding="0" cellspacing="0"> <tr> <td style="width: 5px"> <img src="http://www.ibisworld.com.au/common/newsletter/images/PinkTOCtopleft.gif" alt="" /> </td> <td class="WhiteTop" style="background-color: #DDCDC6;"> <img src="http://www.ibisworld.com.au/common/newsletter/images/cp.gif" alt="" height="1" width="1" /> </td> <td style="width: 5px"> <img src="http://www.ibisworld.com.au/common/newsletter/images/PinkTOCtopright.gif" alt="" /> </td> </tr> </table> <table border="0" style="background-color: #DDCDC6; width: 256px" cellpadding="0" cellspacing="0"> <tr> <td class="DarkGray"> <img src="http://www.ibisworld.com.au/common/newsletter/images/cp.gif" alt="" width="1" /> </td> <td height="161" width="308"> <p class="heading1" style="text-align: center;"> DID YOU KNOW?</p> <p class="textCenter"> From 1965 to 2005 the Baby Boomers (aka. The Idealist Generation) have been in ascendancy. They made radical changes that resulted in a fairer, more welfare-orientated society. Massive debts were built up during this period, however this has since come under control. </p> </td> <td class="DarkGray"> <img src="http://www.ibisworld.com.au/common/newsletter/images/cp.gif" alt="" height="1" width="1" /> </td> </tr> </table> <table border="0" style="width: 256px" cellpadding="0" cellspacing="0"> <tr> <td style="width: 5px"> <img src="http://www.ibisworld.com.au/common/newsletter/images/PinkTOCbottomleft.gif" alt="" /> </td> <td class="WhiteBottom" style="background-color: #DDCDC6;"> <img src="http://www.ibisworld.com.au/common/newsletter/images/cp.gif" alt="" height="1" width="1" /> </td> <td style="width: 5px"> <img src="http://www.ibisworld.com.au/common/newsletter/images/PinkTOCbottomright.gif" alt="" /> </td> </tr> </table> </td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <!-- end header--> <table cellpadding="0" cellspacing="0" border="0"> <!-- main content--> <!-- industry in focus article --> <tr> <td> <a id="a4" name="aFeature"></a> <table border="0" cellpadding="0" cellspacing="0"> <tr> <td> <a id="a3" name="aFeature"></a> <p class="heading2"> <br /> In INDUSTRY: Eco-Conscious Corporations in Australia </p> <table border="0" cellpadding="0" cellspacing="0"> <tr> <td valign="top" width="620" align="left"> <table border="0" cellpadding="0" cellspacing="0"> <tr height="5"> <td> </td> </tr> <tr> <td class="tabletext"> As the Federal Government prepares for the introduction of an emissions trading scheme (ETS) in 2010, environmentally friendly technologies and climate change initiatives will become an even hotter topic among business circles. </td> </tr> <tr height="5"> <td> </td> </tr> <tr> <td class="tabletext"> With global corporations like GE citing the big opportunities for the conglomerate from climate change challenges, IBISWorld this month takes a look at some of the eco conscious initiatives that have reached our shores. </td> </tr> <tr height="5"> <td> </td> </tr> <tr> <td class="tabletext"> Just as we can choose to take the bus and recycle, we can decide where to spend our dollars. Many industries are now delivering not only environmentally friendly products, but eco friendly workplace practices, and carbon offset schemes as well. Here is just a sample of what some industries are doing to reduce the ecological footprint of their staff and customers. </td> </tr> <tr height="5"> <td> </td> </tr> <tr> <td class="tabletext"> In the <a href="http://www.ibisworld.com.au/redirect.aspx?partnerid=News&indid=515"> Other Deposit Taking Financiers </a>industry, GE Money has introduced a credit card that contributes up to 1% of consumers net spending on carbon offsetting. So, if 100,000 people spent $600 per month, the carbon offsets accumulated each year would total over half a million tones  the same as taking 115,000 cars of the road for a year. </td> </tr> <tr height="5"> <td> </td> </tr> <tr> <td class="tabletext"> The <a href="http://www.ibisworld.com.au/redirect.aspx?partnerid=News&indid=472">Domestic Airlines </a>industry players have similar schemes. Jetstar offers a carbon offset program that enables passengers to offset their share of the greenhouse gas emissions from their flight. This month, the carrier is also introducing the B787, which is expected to deliver a 25% saving on fuel consumption compared to other aircraft in its class. </td> </tr> <tr height="5"> <td> </td> </tr> <tr> <td class="tabletext"> In the <a href="http://www.ibisworld.com.au/redirect.aspx?partnerid=News&indid=1834"> Supermarkets and Other Grocery Stores </a>industry, Woolworths continues to show a strong commitment to phasing out our use of plastic bags. In addition to producing the reusable green bags, and providing plastic bag recycling bins in store, the company has decided to no longer automatically offer plastic bags for purchases of three items or less, a positive step towards increasing environmental awareness in the community. In another environmental initiative, the supermarket sends green waste to local farms and nurseries to use as animal feed or fertiliser, and have begun working with Agribusiness Advisory Research to develop a program to ensure the safe and environmentally sustainable recycling of fruit and vegetable waste. </td> </tr> <tr height="5"> <td> </td> </tr> <tr> <td class="tabletext"> The <a href="http://www.ibisworld.com.au/redirect.aspx?partnerid=News&indid=1837">Online Shopping and Mail-Order Houses </a>industry has been growing strongly, and consumer preferences towards environmentally friendly alternatives will begin to emerge in this industry. Average industry growth over the last five years has been 8.1% per annum. Stocking everything from eco-friendly light globes, to yoga mats, and linen, Neco is an online eco friendly superstore set to make an impact on the profitable online shopping industry. And it's not just the products for sale that embody the company's eco-entrepreneurial values: To get to work, Neco employees ride bikes or drive hybrid vehicles. By offering eco-friendly alternatives to energy and water consumption products, as well as seeking to re-educate their customers, the company is expected to continue to grow it's presence in both the online shopping and energy sectors over the nest five years. </td> </tr> <tr height="5"> <td> </td> </tr> <tr> <td class="tabletext"> These are just a few examples of the green stars in corporate Australia, but they provide a timely reminder of what we can each be doing at home and at work to reduce our impact on the planet for future generations. </td> </tr> <tr height="5"> <td> </td> </tr> </table> </td> </tr> </table> </td> </tr> <!--end industry in focus article --> <tr> <!-- company focus article --> <td> <a id="aFocus" name="aFocus"></a> <p class="heading2"> <br /> COMPANY Connect: Ford  No Easy Ride! </p> <table border="0" cellpadding="0" cellspacing="0"> <tr> <td valign="top" width="620"> <table border="0" cellpadding="0" cellspacing="0"> <tr height="5"> <td> </td> </tr> <tr> <td class="tabletext"> Ford is one of four car manufacturers in Australia and holds a sizeable market share of brand new vehicles sold in the domestic market. Ford is 100% owned by US-based Ford Motor Company. The company manufactures as well as imports and distributes under the  Ford brand. </td> </tr> <tr height="5"> <td> </td> </tr> <tr> <td class="tabletext"> <strong>2007 Results</strong> </td> </tr> <tr height="5"> <td> </td> </tr> <tr> <td class="tabletext"> Ford and the Australian car industry as a whole endured another challenging year amid soaring petrol prices and a strong Australian dollar. Small cars continued to dominate the sales mix of the passenger car market. According to the Federal Chamber of Automotive Industries (FCAI), small cars were again the largest volume segment of the automotive market in 2007 with 232,388 sales, up 5.9% compared with the previous year. </td> </tr> <tr height="5"> <td> </td> </tr> <tr> <td class="tabletext"> Ford Australia, whose product mix consists predominantly of large family sedans and sport utility vehicles (SUVs), has been hit hard by the petrol hike. Its market share has been shrinking, from 14.7% in 2003 to 10.3% in 2007. </td> </tr> <tr height="5"> <td> </td> </tr> <tr> <td class="tabletext"> Ford's sales revenue continued its recent decline in FY2007, down marginally from $3,327.6 million in FY2006 to $3,307.9 million. Sales volumes were down 5.3% to 108,000 for the year. Market share decreased for four years in a row to 10.3%. All these can be explained by soaring petrol prices, which continued to fuel demand for small, petrol-friendly cars in place of large family sedans. </td> </tr> <tr height="5"> <td> </td> </tr> <tr> <td class="tabletext"> Profitability remained flat in FY2007, which was consistent with the overall industry. Net loss including government grants more than doubled from -$40.3 million to -$87.2 million. In FY2007, Ford Australia received $93.3 million in government grants, compared with $136.9 million in FY2006. A 40.8% rise in research and development (R&D) costs  from $172.7 million in 2006 to $243.3 million in 2007  largely accounted for the build-up in net loss. Ford accelerated its R&D during the year for its latest model FG Falcon, which was released in May 2008. </td> </tr> <tr height="5"> <td> </td> </tr> <tr> <td class="tabletext"> <strong>Outlook </strong> </td> </tr> <tr height="5"> <td> </td> </tr> <tr> <td class="tabletext"> Ford's results are expected to remain subdued in FY2008 despite a relatively buoyant outlook for the overall industry. Revenue and earnings are forecast to remain soft in FY2008 as a result of soaring petrol prices, deteriorated competitiveness and a strong AUD against major trading partners. FY2008 sales volumes are forecast to remain flat at approximately 109,000. FY2008 sales revenue is expected to be in line with the previous year's results. Earnings are forecast to improve as R&D expenses ($243.3 million in FY07) are set to decelerate following the churn out of FG Falcon in May 2008. </td> </tr> </table> </td> </tr> </table> </td> </tr> <!--end company in focus article --> <tr> <td> <table border="0" cellspacing="0" cellpadding="0"> <tr> <td> <p class="heading2"> <a id="global" name="aGlobal"></a> <br /> GLOBAL TRENDS: The Graying of Australia  Global Industry Implications </p> </td> </tr> <tr> <td valign="top" width="620"> <table border="0" cellpadding="0" cellspacing="0"> <tr height="5"> <td> </td> </tr> <tr> <td class="tabletext"> We may be facing a mass exodus as Baby Boomers leave the workforce and enter retirement, but this does not necessarily spell disaster for our global industries. Especially if you're in tourism, health, or insurance. </td> </tr> <tr height="5"> <td> </td> </tr> <tr> <td class="tabletext"> Baby Boomers are arguably the wealthiest generation in history, but they face uncertainty about how they will fund their retirement. Sometimes referred to as the 'sandwiched' generation  a term coined in the 1980s that refers to their tendency to be caring for and supporting both elderly parents and their children  Baby Boomers need help in preparing for retirement. A significant proportion of them lack strong financial know-how, and as a result, banks, insurers and financial services firms have an opportunity to enhance the services and capabilities they provide to their baby boomer customers. </td> </tr> <tr height="5"> <td> </td> </tr> <tr> <td class="tabletext"> Baby Boomers were born between 1943 and 1965. This post-war period was largely peaceful and economically prosperous, and unlike previous generations, Baby Boomers enjoyed unprecedented employment and educational opportunities. But they're by no means a homogenous group, and companies cannot treat them as such. Each Baby Boomer has discrete individualized needs, attitudes and behaviors so, like any generation, a one size fits all approach will not reach them. </td> </tr> <tr height="5"> <td> </td> </tr> <tr> <td class="tabletext"> So what will we see in the immediate outlook? Well over the next decade they'll flock to the <a href="http://www.ibisworld.com.au/redirect.aspx?partnerid=news&type=global&indid=2310"> International Tourism </a>industry, and in the <a href="http://www.ibisworld.com.au/redirect.aspx?partnerid=news&type=global&indid=1540"> Global Logistics  Shipping </a>industry, Baby Boomer demand will contribute to cruises becoming one of the fastest growing sectors in the international tourism market. Boomers from industrialized nations travel and spend more on vacations than any other age group. </td> </tr> <tr height="5"> <td> </td> </tr> <tr> <td class="tabletext"> They're also big spenders on <a href="http://www.ibisworld.com.au/redirect.aspx?partnerid=news&type=global&indid=720"> Global Toiletries and Cosmetics </a>. Particularly within the skincare ranges, products that seek to delay the natural ageing process have been eagerly adopted by the Baby Boomer generation to the extent that they have become a key driver of growth in the industry. </td> </tr> <tr height="5"> <td> </td> </tr> <tr> <td class="tabletext"> Towards 2020, as more of them enter retirement, they will contribute to higher demand in the <a href="http://www.ibisworld.com.au/redirect.aspx?partnerid=news&type=global&indid=1800"> Global Direct Life, Heath and Medical Insurance Carriers </a>; <a href="http://www.ibisworld.com.au/redirect.aspx?partnerid=news&type=global&indid=1850"> Global Insurance Brokers and Agencies </a>; and <a href="http://www.ibisworld.com.au/redirect.aspx?partnerid=news&type=global&indid=1820"> Global Reinsurance Carriers industries </a>. And we'll also see their