beyond pt 0 23/1

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Box 13.2 Leaving mining sites for websites Several companies have recently successfully transformed themselves from mining companies to mining and Internet companies. The companies below were once exclusively exploration companies: • Min Tech 8 purchased an interest in an online messaging services Jfax, and saw its share price rise from a 52-week low of six cents to about 13 cents. • Mogul Mining has become a diversified wine distributor through plans to purchase online Internet wine service Wine Planet. Mogul’s share price has doubled over the past year. • Ramsgate Resources will acquire Internet Solutions Australia, an electroniccommerce company specialising in website design. Ramsgate is trading around 36 cents, triple its low for the year. • Border Gold has bought HOTS E-Commerce, a group that offers industry-specific electronic-commerce networks based on new developments in the software industry. Despite its move into e-commerce technology, a recent report from Border Gold managing director Neil Biddle says: ‘Existing Border Gold management will continue to focus on its core gold projects.’ • Walhalla Mining now renamed Walhalla.com, in the six months from 1 January, the company’s share price increased 400 per cent from a level of 12 cents. The company acquired Kidz.net, a closed website through which children can access 500 000 sites suitable for children. To acquire Kidz.net, the Walhalla group issued 30 million shares and agreed to provide $2 million in working capital to Kidz.net. At the time of the Walhalla takeover, Kidz.net had total sales of only $28 000 for the eight months to February 1999. Source: ‘Sharemarket: Miners See Light in the Internet’, Business Review Weekly Friday June 4 1999. 13.6 Potential changes to employment Mining tasks are not likely to change significantly with the spread of e-commerce. In future, smart machinery may be used instead of labour for highly dangerous drilling and mining work, e.g. the mining robot, however the expense of using such machinery will be high. Rather than the industry taking on more IT professionals, it is probably more accurate to predict that existing traders and other employees will be trained to work with e-commerce in the few areas in the sector where it is used. 13.7 External dimensions It is not clear that e-commerce will have any significant impact on global trade of mining products exce<strong>pt</strong>, as mentioned, in making clearing markets more efficient. This would actually appear as a reduction in costs in other sectors of economic activity (e.g. finance) in the national accounts framework. Some suppliers of inputs to the mining process, such as training and software, may find they can expand market access to other mining countries using e-commerce. Naturally, this will depend on the access of those other countries to the Internet, considering some of those countries are not as advanced in the use of e-commerce as Australia. 186
Key points Despite conducting a large proportion of transactions in the industry electronically, it is not clear that there will be as profound a change in this sector as there will be in others. Nonetheless, general opportunities for disintermediation (cost saving) and re-intermediation (new costs) are still expected to occur as use of e-commerce expands throughout the economy. When looking at the modelling of these impacts it seems reasonable to factor in modest savings in retail and wholesale margins in the sector (i.e. reduced costs through some disintermediation) in the purchase of inputs. 187
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© Commonwealth of Australia 2000 I
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Table of contents Foreword ........
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Part 2 - Case studies Section One I
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Executive summary E-commerce is sti
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Part 1— economic analysis
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Chapter One Study context, aims and
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Within the business-to-business cat
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Table 1.4 Projected growth in econo
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Chapter Two Economic issues What di
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Exhibit 2.1 Disintermediation effec
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Table 2.1 E-commerce impact on vari
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Chapter Three Changes ahead—indus
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Health Significant efficiencies sta
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Chapter Four Economy-wide assessmen
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Direct changes and flow on impacts
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consumption relative to economic ac
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External competitiveness Greater us
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Industry outcomes Greater use of e-
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Food products The food products sec
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people with differing occupational
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Tasmania and the Northern Territory
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Table 4.2 Regional growth and emplo
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The data for country regions (Exhib
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impacts are a reasonable representa
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Chapter Six Policy implications and
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Appendix A Study methodology, shock
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confidence. This is at the expense
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All of the GDP gain generated by ch
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(s11) Saving of particular inputs I
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Table A.1 continued Commodity Per c
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Table A.2 continued Engine & Boiler
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Table A.2 continued Safety Inspecto
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Table A.3 continued Industries 2007
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B.2 The structure of MONASH The cor
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simulations it is assumed that the
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Table B.1 (Continued) MONASH-RR Reg
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C.2 Forecasts for macroeconomic var
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other grains, iron and non-iron ore
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The numbers in column (II) of Table
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Productivity growth over the histor
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forecast of a 0.1 per cent decline
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Productivity growth in the construc
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Employment prospects in the sector
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Table D.1 continued Textiles, cloth
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Table D.1 continued Health, educati
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Table D.2 continued 45 Bags and Con
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Part 2 — case studies
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Industry sectors’ use of e-commer
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e-commerce were chosen. Key questio
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Banking For some time now most of t
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2.3 Cost savings Banks are keen to
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2.5 Changing business modes Branch
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Banks are also looking to take adva
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NAB, as a multinational, is already
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activities such as consumer electro
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Box 3.2 Building a business on e-co
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One of the issues for all industrie
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108
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Box 4.2 Australia Post and e-commer
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Opportunities are being created for
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Value can be transferred into Austr
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Continued use of email and the deve
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E-commerce allows some flexibility
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120
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are introduced to market at a start
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educe the duplication of assessment
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6.3 Cost savings as a result of ele
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The primary e-commerce tools for im
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New service modes and channels to t
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132
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This Section will review the implic
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Page 150 and 151: consumers watch five per cent less
Page 152 and 153: artist is the promotion which airpl
Page 154 and 155: New costs The fragmentation and reg
Page 156 and 157: gambled. The development of Interne
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Page 160 and 161: Making a purchase over the Internet
Page 162 and 163: Customers who access troubleshootin
Page 164 and 165: they does not actually sell those i
Page 166 and 167: Key points There are few other sect
Page 168 and 169: e-commerce allows quicker order pro
Page 170 and 171: 9.3 New costs The demand for busine
Page 172 and 173: How a ticket is sold, through an ag
Page 174 and 175: Box 10.1 Case study: E-commerce and
Page 176 and 177: The education and training sector h
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Page 180 and 181: 11.2 Production Manufacturing busin
Page 182 and 183: Opportunities for re-intermediation
Page 184 and 185: Value could transfer within the sec
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Page 188 and 189: years’ time. 30 This reflects an
Page 190 and 191: seeks to provide a point of referen
Page 192 and 193: To a small extent, direct selling t
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Page 196 and 197: Box 13.1 Austmine—a window for th
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