Update- What happens when the mineral boom ends?
Surprisingly there are a number of similarities between Switzerland and Australia. Both have relatively small populations given the region in which they are located, both have a very high currency and both countries have significant banking sectors but unlike Switzerland, Australian has a great deal of land and commodities. Why is it then that even with thousands of job losses at Swiss banks their unemployment rate has fallen to less then a decade ago? The answer is a manufacturing boom that has resulted from a focus on high quality engineering to complete against cheaper products which must be a corridor that Australia could emulate. At Newealth we are always looking to innovate and improve our ongoing services wherever possible and if you have any ideas or comments, please feel free to email me via ‘Contact Us’ at www.newealth.com.au or to call me on +61 2 9267 2322.
30th-April-2013 | 
