Happenings Down Under - politics, business, economy and values ... as well as leisure, food and hobbies
Tuesday, March 26, 2013
Changes to 457 Visa do not address fundamental problems of costs and productivity
457 visa changes has all the appearance of pro-Australian, and few remaining lifeline for a lame government struggling to survive and praying for a slim victory in the coming elections.
It may help to temporarily placate local workers under the current difficult employment market but nothing more to boost the employment of locals. Besides, outsourcing renders import of skilled labour irrelevant.
As in other countries that had pandered to political pressures to give priority to locals seeking employment, artificial imposition of regulations would inevitably raise costs, limit options and unpopular with employers. It would be costly to fill higher skilled and niche vacancies. That could only spell trouble for the future, making Australia less competitive and short of skills.
Moreover, restriction on migration does not remove the prospect of Australians being made redundant and laid off through outsourcing to India, China and Indonesia. This trend has been ongoing for years unabated.
From call centres, IT to finance, employers are opting for cheaper foreign workers based overseas. With modern communications, there is less dependency on foreigners.
In reality, migrants by and large fill the gaps and taking over jobs that Australians shun or are unable to perform well. On the contrary, local born and bred are already enjoying a headstart and advantages as employers and recruiters do place a lot on the familiar sounding names and elementary education of applicants. Changes in 457 would indeed add more economic disadvantages to longstanding racial discrimination encountered by migrants. But whether it would be beneficial to Australians is doubtful.
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The anti-foreign image of Australia will be more pronounced, as seen in earlier restrictions on employment for overseas students and graduates from Australian universities.
On the other hand, the government's shift to focus on a AUD 5 million investment visa has only started to kickoff. What impact would wealthy individuals seeking PR by investing in bonds and companies remains to be seen. It may not necessarily translate directly into more jobs for Australians if investors are playing safe with bonds and equity.
I have also heard from inside sources that some of these investors plan to import semi-processed or outsource some of the jobs overseas. All businesses, whether Australian, foreign or global, are very concerned with bottomline. The only way out is that Australians improve productivity, raise skills level, value add and offer products and services in high demand by the international market.
Protectionism by legislation would not help to solve fundamental and structural economic problems, not even in the short term.
Tuesday, February 12, 2013
Thai Entrees - betel leaf, coconut, corn, prawn, peanut - the basics of sophistication
Unlike Thai menus served in the abundance of restaurants in Sydney over the last 20 years, new generation of managers see a niche to sell by emphasizing the point of difference to seize the customer dollar and stand out amongst keen competitors.
Two of the more exotic entrees are : betel leaf (miang khum) and golden cups (kratong thong).
Australians who frequently visit Thailand think that this is a rip off. One could get dozens of these delicacies which are considered commoners food at only a fraction of the prices in the Land of Smiles.
One could easily DIY miang khum at home for parties as it doesn't require great cooking skills unless they can't get supplies of betel leaf and really missing this street food.
To be fair, golden cups are a bit more difficult and time consuming to fry. They can be prepared in advance and stored in air tight box but it is best not to keep them more more than three days. The filling is easy enough as you could put almost anything you wish to attain a mixture of sweet, salty, sour flavours and crunchiness.
Unlike the original recipes, Australian Thai food can only be a shade close to authenticity but it has not reached there yet.
No matter how good the quality of dessicated coconut may be, it can never match freshly toasted grated coconut.
Laduree French Macarons in Westfield Sydney CBD
This fairly new kid of the block boasts of a recipe direct from France. Since opening last quarter of the year, Laduree has attracted a steady following even though the fad and craze of macarons have dissipated somewhat.
http://www.broadsheet.com.au/sydney/food-and-drink/article/laduree-brings-french-macarons-sydney
Though it does not have the aura of exotic gold dust promoted by Adriano, the King of Desserts, in his version and interpretation of macarons, the traditional and original French macarons are equally popular.
http://www.sbs.com.au/food/recipe/11681/golden_macarons
Unlike the mass produced ones that are sold in some supermarkets and grocers, this French sweet has a much softer bite. Hence, Laduree comes with a higher price tag.
Thank God! Elastic, artificially flavoured and overly sweet macaron fillings are forgettable and unforgivable, this one is simple and pleasant.
Nevertheless, a macaron is a macaron. Except novice cooks, you can't go very wrong with it.
The tower or pyramid of macarons is a reminder of the Masterchef competition creations. Where did they draw inspiration from?
Like all exquisite branding, marketing a bundle of non-food items which are non-perishable can help to boost revenue and hopefully profits. Aromatic candles and body creams could lead you to imagine they are almost good enough to eat.
http://www.broadsheet.com.au/sydney/food-and-drink/article/laduree-brings-french-macarons-sydney
Though it does not have the aura of exotic gold dust promoted by Adriano, the King of Desserts, in his version and interpretation of macarons, the traditional and original French macarons are equally popular.
http://www.sbs.com.au/food/recipe/11681/golden_macarons
Unlike the mass produced ones that are sold in some supermarkets and grocers, this French sweet has a much softer bite. Hence, Laduree comes with a higher price tag.
Thank God! Elastic, artificially flavoured and overly sweet macaron fillings are forgettable and unforgivable, this one is simple and pleasant.
Nevertheless, a macaron is a macaron. Except novice cooks, you can't go very wrong with it.
The tower or pyramid of macarons is a reminder of the Masterchef competition creations. Where did they draw inspiration from?
Like all exquisite branding, marketing a bundle of non-food items which are non-perishable can help to boost revenue and hopefully profits. Aromatic candles and body creams could lead you to imagine they are almost good enough to eat.
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