Author Archive for Tommy Wu

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Contract sport: TV broadcasters have invested heavily to secure sports rights

Contract sport: TV broadcasters have invested heavily to secure sports rights

Free-to-air and pay-TV stations are stumping up an increasing amount of money for the rights to broadcast various sporting events. These lucrative contracts generate significant advertising revenue for TV stations….
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The road ahead: Car manufacturing in Australia set to decline

The road ahead: Car manufacturing in Australia set to decline

It is no secret that the Australian motor vehicle manufacturing industry is facing difficult times. Increased import penetration and a lack of local economies of scale have prompted Toyota, GM…
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Attracting interest: Peer-to-peer lending set to take off in Australia

Attracting interest: Peer-to-peer lending set to take off in Australia

Financial technology, also known as FinTech, is a rapidly growing line of business that is revolutionising the financial services sector and disrupting existing financial service providers. Similar to Uber for…
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A good bet: Growth in online gambling is attracting international operators

A good bet: Growth in online gambling is attracting international operators

The horse and sports betting industry has traditionally been dominated by TAB retail outlets, monopolised in most states by Tabcorp Holdings Limited and Tatts Group Limited. However, the increasing use…
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Australian refineries under the pump

Slimming margins and foreign competition in petroleum refining have prompted major oil and gas giants to evaluate their business strategies. Increased competition from Asian refineries and a high Australian dollar…
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Department stores to suffer as competition gets physical

International retailing giants H&M and Uniqlo are joining the ranks of Zara and Topshop in setting up shop in key locations in Australia, intensifying competition for Australian retailers Myer and…
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