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  • Blog, Enterprise IT - Jul 5, 2014 13:53 - 0 Comments

    Super funds close to dumping $250m IT revamp

    facepalm2

    blog If you have even a skin deep awareness of the structure of Australia’s superannuation industry, you’ll be aware that much of the underlying infrastructure used by many of the nation’s major funds — AustralianSuper, CBus, HESTA and more — is provided by a centralised group, Superpartners. One of the group’s main projects in recent years has been to dramatically update and modernise its IT platform — its version of a core banking platform overhaul. Unfortunately, as was revealed in November, the $250 million project has not precisely been going well, and the Financial Review last week reported that Superpartners is actually close to turfing it altogether and going back to the drawing board. The newspaper reports (we recommend you click here for the full article):

    “A spokesman for AustralianSuper told The Australian Financial Review the fund, and the other four shareholder funds, had ordered the spRIGHT program be suspended while a detailed assessment of alternate options was conducted.”

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    Blog, Telecommunications - Jul 5, 2014 12:12 - 0 Comments

    What should the ACCC’s role be in guiding infrastructure spending?

    Question Time

    blog Those of you who have been in the industry for some time may recall that the national competition regulator played a substantial role in the previous Labor Government deciding in early 2009 to restructure the telecommunications sector through implementing an all-fibre model for its National Broadband Network project. This week, Communications Minister Malcolm Turnbull, who obviously doesn’t have the best opinion of the result of that process, made a few somewhat controversial comments about the ACCC’s historical role in the situation. There’s an article at The Australian summarising the Liberal MP’s views. The newspaper reported (we recommend you click here for the full article):

    “Malcolm Turnbull has blamed the competition watchdog and its former chairman Graeme Samuel for the National Broadband Network’s blowout in costs, saying they were not qualified to provide the advice on which the former Labor government relied when committing to the project.”

    A more complete picture of the discussion, which took place at an economic and social policy conference in Melbourne, was published on Turnbull’s site in transcript form. Industry figures Paul Broad and Henry Ergas also made comments on the issue.

    Whatever way you personally feel about the issue (and it’s not appropriate for me to weigh in at this point), it’s hard to disagree that the discussion is worth checking out — either via the transcript or by listening to the recording on Turnbull’s site. These are still live issues today.

    Image credit: Office of Malcolm Turnbull

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    Analysis, Industry, Internet - Jun 23, 2014 10:33 - 0 Comments

    ‘Google Schmoogle’ – how Yellow Pages got it so wrong

    yellow-pages

    This article is by John Rice, Associate Professor in Strategic Management at Griffith University and Nigel Martin, Lecturer, College of Business and Economics at Australian National University. It originally appeared on The Conversation.

    analysis Yellow Pages directories have been appearing on doorsteps across Australia in recent weeks. As often as not, they go straight into the recycling bin. In the world of the internet and e-commerce, the very notion of a book the size of two bricks being the source of valuable purchasing information seems plain silly.

    Once directories like the Yellow Pages served a valuable need in most developed economies. They provided basic and inexpensive local advertising, especially for small businesses.

    As the internet emerged as the preferred means of accessing such information, the potential for directory owners like Telstra to translate directory information into a valuable online business opportunity seemed promising. As is often the case in the unpredictable world of the internet, it was not quite so simple.

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    Blog, Digital Rights - Jun 30, 2014 22:24 - 0 Comments

    Will Netflix launch in Australia, or not?

    netflix

    blog Over the past week several fascinating articles have been published speculating about the possibility of US-based IPTV giant Netflix launching in Australia. The speculation was kicked off last week by ZDNet, which reported (we recommend you click here for the full article):

    Speaking to ZDNet, Graham Burke, the co-CEO of Village Roadshow, which produces and distributes films in Australia, said Netflix was on its way. “[On] Netflix, they’re talking to our people about supply of products, so they are opening and coming to Australia,” he said.

    However, the news was quickly hosed down by the Financial Review, which put a decidedly negative spin on the speculation. The newspaper reported (again, we recommend you click here for the full article):

    “Despite local rivals preparing their own video-on-demand subscription services in anticipation of Netflix’s impending assault, media industry sources have told The Australian Financial Review they don’t expect the company to begin officially operating locally until at least the second half of 2015.”

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