COMMENT, Australia – The International Monetary Fund have just said that property prices in Australia, like the UK, are so intrinsically overpriced as to be a high risk to fall.
Long-time readers will know that I have been predicting this fall for some time. Friends will recall I have held the belief that Australian property has been strongly overvalued in recent years.
Why will house prices fall in Australia?
Property in Australia is globally overvalued. It is simply more expensive to purchase or rent an equivalent home here than most other cities …

Rudd’s 2020 summit is a good idea, but will it fulfil its promise?

ANALYSIS, Australia — The significance of Kevin Rudd beating substantively John Howard as Australia’s leader cannot be overstated in terms of global politics.
Background for our global readers: Rudd is from the Left, although a moderate. Howard was from the Right, and part of a NSW branches of the Right that are increasingly moving far-Right, by Australian standards (although not yet Neo-Conservative).
And Australia generally prefers moderates and punishes radicalism.
The true significance of this win, has been lost on some commentators. Here’s why…

ANALYSIS, Melbourne, Australia — We have to look at technology as something to utilize for a practical outcome.
Australia needs new ICT policies.
Why we don’t have an ICT Export industry!
According to the AIIA, domestic production of ICT is worth between 4 and 5% of GDP.
ICT exports were once around $7.8 billion per annum, in 2000, according to AIIA.
Now, under Howard, these have declined to $5.4 Billion according to Austrade.
There’s no reason we cannot more than double ICT exports in 5-10 years through government policy.
Canada is a country closes to Australia in …

ANALYSIS, Sydney & Melbourne, Australia –
An open letter to visiting President Bush.
Mr Bush is in Sydney Australia at current for the APEC summit, this was written just after his joint speech with Mr Howard today.
Dear Mr President,
You spoke at the APEC Summit with our Prime Minister, Mr Howard.
I agreed with your remarks Sir, about freedom and human rights being critical to the world’s future.
But the Oil War is not the way to spread freedom.
This war is deeply unpopular because the people ‘get’ it was not an honest war.
Another’s freedom …

COMMENT, Australia — You said: I’d come to Australia, but…
A land far far away, Australia…
For all the people I have spoken to since starting the Global Innovation Conversation in April, a lot of you have expressed interest in visiting Australia.
It’s a long flight, but I’m hoping to make it easier for all you eager visitors from USA & Canada so you can do it in comfort. The easy way…
Flying times disable Innovation
Many bright and clever people have expressed to me they’d love to fly to Australia, but it is simply …