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Ausbuy was no longer able to continue as a going concern. Despite a wide range of activities and strategies designed to retain and grow membership over the previous 18 months, the organisation had continued its decline to a point where a voluntary winding up of the company was the only prudent option.
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On 26 May 2016, the board of directors decided to undertake voluntary winding up of the company. As a result of a number of factors including changes to country of origin labelling, downturn in membership renewals, increased one off costs associated with company structure, compliance and technology,
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where policy makers like to raise an appeal to patriotic behaviour, shifting the responsibility of employment and the level of high import penetration towards consumers. Ultimately a successful moral suasion campaign which reduces import penetration significantly can be seen as a tax on imports with
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Ausbuy was founded in 1991 by Harry
Wallace as a result of his family business of 120 years being lost to foreign imports deposited in Australia to gain market share. His company was only one example of this, as an increasing number of companies in Australia had been forced to sell out to foreign
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The lower supply of the
Australian dollar may cause it to be of higher value in the foreign exchange markets, which obviously leads to a tax on exports, or consequently employment of Australians by Australian manufacturers producing goods for overseas markets will reduce. Furthermore, given that
178:
Australia faced the problem of having an underdeveloped manufacturing base, which left it dependent on overseas supplies. There was a realisation that this situation, combined with
Australia's geographic isolation, made it vulnerable. This led to the decision being made to build up manufacturing
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By 2007, Ausbuy had approximately 100 members, producing more than 3000 products across 150 categories. During the 2009 Truth in
Labelling Senate Inquiry, Ausbuy was the only large representative organisation that asked for Country of Origin to be required on labelling used by food producers,
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consumers are shifting their demand for consumer goods to domestic products, it still remains a dilemma whether the retailers and manufacturers of domestic products invest in
Australian business operations. Or in other words, which authority controls that the profits remain in Australia?
29:
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Ausbuy presented a petition of over 55,000 signatures to the
Federal Government in November 2012 asking for a moratorium on the sale of Australian land and wealth-creating assets until the establishment a national interest test.
249:, which means their procurement policies are centrally driven; they demand bulk orders from specific price competitive producers and farmers nor do these retail giants acknowledge local peculiarities and set a priority on
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is well regarded as an impartial source of information for
Australian consumers, but the Australian Consumers' Association refused to make a commitment to favour an Australian product over a better product from overseas.
199:, floating of the Australian dollar, and the reduction of trade protection. Justifications for reducing trade tariffs included the portrayal of Australia as a good global citizen and, at the same time, reducing
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interests, and foreign governments subsidised their producers to sell cheaply into the
Australian market in competition with Australian-owned companies who do not enjoy that level of government support.
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exceeds A$ 600 billion and is growing. Australia simply does not produce more than it uses. The country has been living on borrowed time, and
Australians have stopped talking about
97:
to support
Australian-owned and Australian-made products and services. Their goal was to keep the jobs and profits in Australia and for the decisions to be made by Australians.
195:
Australia adopted policies of economic liberalisation and micro-economic reform in the early 1980s, including the privatisation of government corporations, deregulation of
179:
capability. The aftermath of war provided opportunities to recruit skilled workers from Europe and Australia was able to establish capacity behind the protection of a
308:, consumers are urged to buy locally made products to help create jobs, assist in defeating unemployment and to avoid import penetration. Sometimes it is a so-called
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has been matched domestically with the rise of the mega store concept of retailing. Large supermarkets as well as warehouses have their selling policies based on
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have been signed by Australia, which further expose what manufacturers it has left, and then Australian governments bolster strategic industries to save jobs.
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wall. It became obvious that this wall had to be reduced but the rate of reduction ran well ahead of Australia's increasing ability to compete in a
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country, and it needs local governments and consumers to appreciate and support what is unique to this country. The international trend of
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has risen extremely quickly, factories have closed and well-paid skilled jobs in factories have been replaced by unskilled jobs in the
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Due to a downturn in membership renewals and increased costs, the company went into voluntary administration and was
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when the quality was equal and the price comparable to imported products. Nevertheless, it is notable given that
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to operate in a way that is consistent with furthering the national good. In the United States it is known as
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the potential to increase unemployment in the import sector as a result of decreasing demand for imports.
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that states a Knowledge editor's personal feelings or presents an original argument about a topic.
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289:) which has been used to persuade consumers and institutions to keep to official guidelines. The
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in 2016. The ownership of the Ausbuy logos, business name and trademarks were transferred to the
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In countries experiencing economic decline, especially those with a high unemployment level and
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Street Markets - Small Business & Farmers' Perceptions in Australia & New Zealand
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Fischer, Wolfgang Chr. (2007), Fischer, Wolfgang Chr.; Mwenda, Kenneth Kaoma (eds.),
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Country of Origin – A Law and Economics Approach to the Concept of Made in Australia
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Country of Origin – A Law and Economics Approach to the Concept of Made in Australia
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Gallagher, Micheal (2007), Fischer, Wolfgang Chr.; Mwenda, Kenneth Kaoma (eds.),
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of January 1987 the Australian Consumers' Association advised consumers to
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and its unique fine wool, but then imports them back at a higher value.
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621:(1st ed.), Marrickville, New South Wales (published January 1987)
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personal reflection, personal essay, or argumentative essay
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Australia has effectively exported jobs overseas and its
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stems from pressing on the targets of the suasion their
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How the Federal Parliamentary Labor Party Lost Its Way
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672:Fischer, Wolfgang Chr. (1995), Byron, Peter (ed.),
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222:and value adding. For example, Australia exports
203:pressures. The costs have been high: Australia's
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277:This could be classified as a typical means of
191:Effects of economic reform and tariff reduction
16:Earlier non-profit organization from Australia
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603:(1st ed.), Lohmar, Cologne: EUL Verlag,
562:(1st ed.), Lohmar, Cologne: EUL Verlag,
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247:anytime, everywhere, everything the same
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423:. 3 June 2016. Archived from
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700:Ausbuy.com.au (archived)
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310:war against unemployment
257:Buy Australian campaigns
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48:Local purchase alliance
1331:Australian nationalism
785:Snowy Mountains Scheme
760:Banking crisis of 1893
142:by rewriting it in an
640:Black, Terry (1995),
228:Free trade agreements
1321:Economy of Australia
1149:Poverty in Australia
741:Economy of Australia
295:moral responsibility
1228:Japan–Australia FTA
1223:China–Australia FTA
1208:Australia–Korea FTA
1203:Australia–Chile FTA
1164:Wealth in Australia
1144:Income in Australia
1127:Economic conditions
1023:Regulatory agencies
982:Banking and Finance
770:Four pillars policy
675:Buy Australian made
481:, pp. 111–113.
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1050:Corporations power
999:Official cash rate
903:Telecommunications
427:on 30 October 2017
209:service industries
144:encyclopedic style
131:is written like a
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1103:Green electricity
832:Western Australia
801:Australian dollar
580:, Lohmar, Cologne
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453:3 August 2012 at
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251:Made in Australia
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220:productivity
216:foreign debt
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201:inflationary
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176:World War II
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152:January 2010
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62:Headquarters
36:Company type
18:
1113:Solar power
893:Real estate
863:Agriculture
421:RetailWorld
95:Australians
1290:Categories
1118:Wind power
973:Tax return
943:Fuel taxes
868:Automotive
856:Industries
827:Queensland
685:0864435231
549:References
431:30 October
239:productive
235:innovative
112:Background
39:Non-profit
913:Transport
878:Insurance
299:jawboning
66:Australia
1262:Category
935:Taxation
842:Tasmania
822:Victoria
794:Currency
650:citation
627:citation
586:citation
451:Archived
342:See also
102:wound-up
44:Industry
1274:Commons
1078:Biofuel
989:Banking
952:dispute
908:Tourism
873:Fishing
748:History
702:at the
391:(1920s)
283:suasion
138:Please
54:Founder
1173:Unions
1070:Energy
888:Mining
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271:Choice
263:Choice
181:tariff
174:After
91:Ausbuy
73:Parent
22:Ausbuy
918:Ports
396:Notes
1180:ACTU
1040:ASIC
1035:APRA
1030:ACCC
925:Wine
680:ISBN
656:link
633:link
605:ISBN
592:link
564:ISBN
433:2017
237:and
85:The
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