Articles by: Albert Taylor

Why Demand for Construction Supplies Remain Steady in Australia

Sydney Australia city viewDemand for construction essentials ranging from nut and bolt suppliers to concrete products remain stable in Australia, thanks to the steady flow of work in the commercial and retail sectors.

Based on the Rider Levett Bucknall’s (RLB) Crane Index, there were 684 cranes at work across the country in April. The index based the number of cranes in use as an indicator of construction activity.

Industry leaders

Non-residential construction has offset a decline in the number of cranes for residential projects. So far, in the second quarter, the RLB index recorded a 42% increase in cranes for commercial and retail projects.

This countered a 10% decline in residential cranes nationwide. Sydney accounted for a majority of the cranes with 346 in use, followed by nearly 160 cranes in Melbourne. Brisbane and the Gold Coast have 67 and 23 cranes, respectively, while Canberra and Perth have a combined 50. The rest are located in Adelaide, Hobart, Newcastle and the Sunshine Coast.

Sydney apartment boom

An apartment building boom in Sydney explains why most of the cranes at work are in the city, despite the broader decline in residential construction in other parts of Australia. CoreLogic’s analysis of data from the Australian Bureau of Statistics showed that there are more than 16,700 approved projects in New South Wales.

These projects likely broke ground after being approved in the last quarter of 2017. The additional supply would benefit home buyers, as property prices in Sydney are expected to fall in the next two years. The level of apartment construction in New South Wales contrasted the trend in Victoria and Queensland, where activity has begun to slow down.

A stable construction activity presents a win-win for builders and suppliers. As demand remains steady, suppliers will offer competitive prices for construction supplies to lure as many customers as possible.

May 2, 2018 at 8:19 pmStraight Study

4 Tips to Build a Farming Business in a Rural Area

Farmer feeding livestockTech is not the only industry that is experiencing a massive surge in demand. As the population of the world is increasing, the need for food is also rising in ways humanity has never seen. This is the reason why farming has become a good idea for a business for most entrepreneurs.

However, it can be a struggle to do it in a rural area due to the logistical and accessibility issues. These four things can help you build a farming business in a rural area.

Stock up on fuel

When you are in a rural area, there is a big chance that you are nowhere near a gasoline station where you can purchase fuel. Fuel is especially useful in running several farm equipment so you cannot afford not to have it when you are working.

One effective way to store your fuel is within fuel tanks. Search for a supplier of portable fuel tanks, so you no longer have to go to the gasoline station every time.

Buy a small truck

A small truck is very versatile on the farm. You can use it for transporting supplies to the farm. But most importantly, it saves you a lot of delivery fees as you can do the task yourself.

Choose crops that would do well in the weather

You want your yield to be of high quality and quantity. This is why you should choose crops you know grow well in the area.

Make sure you have access to water

To say that water is important to crops is an understatement. This is why you should have a water source.

Establishing a farming business can be incredibly challenging especially when you are venturing into it for the first time. But the financial rewards of this industry are worth the hassle you will get.

May 1, 2018 at 8:06 amInfo Tech

Daycare Hunting: 3 Essential Questions

Children enjoying daycare“Choosing a daycare is one of the most important decisions that a parent is going to make,” says Linda Anderson, the senior director at the National Association for the Education of Young Children (NAEYC) Academy. And she couldn’t be even more right.

Parents need to look for a daycare center that meets the highest of standards if they want their child to grow up right. With many Phoenix daycare centers out there, however, it’s possible to be overwhelmed. To help you get through this challenging task, here are some important questions to ask:

1. Where do you start looking?

A good starting point is the recommendations of friends and family members. If that isn’t enough, roam around the neighborhood and look for a daycare center in your area. This makes more sense, as it’ll be convenient for you and your kid. If you want a more efficient search online, narrowing down your options is ideal. Choices in child care differ — there are formal child care centers, family day care, and in-home care. Know your and your child’s preferences first then start browsing.

2. What should you look for in a daycare?

The first thing you need to be on the lookout for when visiting a potential daycare is how the staff interacts with children. In an ideal setup, the caregivers should be actively playing and interacting with each child. Children need all the attention they can get, so it’s best that their first caregivers are warm and responsive.

3. What are their policies?

It’s essential that you and the daycare are on the same page in terms of parenting philosophies and particulars like discipline, television hours, feeding, and sleeping. Before committing to anything, talk with the administrators and caregivers in the daycare you’re eyeing.

As parents, you want the best for your children. While choosing a daycare is one of the essential decisions you’d make, it’s also one of the most challenging. Ask yourself these three important questions to get the best.

April 25, 2018 at 2:16 pmStraight Study

Four Tips for Saving on Warehouse Storage Expenses

Two businessmen talkingIf a business is to maximise its profits, the company must ensure that operations cost is brought down. One of the things that contribute to a high operations cost is storage expenses for finished products.

In whatever industry you are in, warehouse productivity is an important factor. These are four things that can help in decreasing the cost of warehouse storage for your company:

1. Get great shelving.

Retail shelving is an important feature of a good warehouse. You will need shelving solutions that are cost-effective, customisable and accessible. It should make putting stocks and removing products easy.

This is why long-span shelving is great for your business. The great thing about it is that it is strong but not too heavy and can hold a wide variety of products. Search for a supplier of heavy-duty long-span racking system near you.

2. Maximise the storage options you have.

You may not realise it, but the space you utilise in the storage facility contributes to the costs. You need to maximise the space you have by storing more in it. You also have to consider the ease of accessing a particular set of products as time is also a resource for the company.

3. Implement inventory protection mechanisms.

Billions of dollars are lost yearly in warehouses all over the world. You must protect these products and supplies against damage, theft or misplacement. You could do this through several different mechanisms such as proper packaging and employee training.

4. Use cross-docking techniques.

Cross docking is when products are directly sent to customers instead of through middlemen. Cross-docking terminals help in the efficient transfer of goods.

The key to bringing down the expenses of factory storage is by optimising what you already have and making proper use of new additions to your facility. This way, the warehouse will be more efficient than it already is.

April 18, 2018 at 5:37 pmStraight Market

A Guide to the Various Types of Auto Loans

Approved Car Loan ApplicationAbout 85% of new car purchases are financed through loans. Approximately half of the people who borrow money to buy a car get their loans from car dealerships while the rest get their financing from credit unions and banks.

There is an 80% chance that you will be borrowing cash for you to get the keys to your new ride. As such, it pays to understand the various types of loans as well as the best auto loan rate in Utah. That said, this article focuses on your auto loan options.

Unsecured vs. secured auto loans

With a secured loan, the car acts as the collateral to the loan. That means the financing company has the security interest indicated in vehicle title. So if you default payment, the financing institution will seize the vehicle.

Other financing institutions offer unsecured loans. This means the lending institution has no security control over the vehicle. Consequently, these loans are only offered to people with substantial assets and income, as well as those with high credit scores. Additionally, due to their high-risk nature, these loans come at a significantly high-interest rate in comparison to the secured loan.

Simple interest vs. pre-computed interest

Pre-computed interest is calculated based on the total amount of the interest rate over the period of the loan. The total figure is then divided by the number of months you will be paying the loan. That means your monthly payments will include the specific amount of interest regardless of the remaining loan balance.

Simple interest loan, on the other hand, calculates the interest rate based on the outstanding loan balance. That means, if you took a car loan for $10,000 and you now have an outstanding amount of $5,000, the interest will be calculated based on the $5,000 and not $10,000.

Regardless of the auto loan that you want, shopping around is worth your while. Picking a loan is not just another paperwork procedure in car purchasing process. The loan is a purchase by itself and is likely to cost you thousands of dollars.

April 7, 2018 at 1:00 amFinance

US IPO Market: Chinese Firm Alibaba Chooses NYSE For Its Listing

Alibaba will be the New York Stock Exchange’s biggest Internet IPO, winning the battle to be the market home for the Chinese e-commerce giant.

NYSE’s reputation

Alibaba_group_Headquarters

Image by Thomas LOMBARD | Wikimedia

The decision is a big victory for the NYSE, which had competed with the Nasdaq for what is expected to be one of the largest initial public offerings.

“We participated in a comprehensive and deliberate exchange selection process, and we are pleased to welcome Alibaba Group to the New York Stock Exchange,” an NYSE spokesman said.

Shares of Alibaba could begin trading in the US this summer, according to sources familiar with the matter who spoke on the condition of anonymity.

Hot IPO market

Some industry experts say the public share sale could be worth more than $20 billion. Alibaba handles more than 80% of online retail transactions in China.

Nasdaq and NYSE constantly compete for much-awaited initial stock offerings, hoping to win listing fees and attract other big firms.

Alibaba will be the biggest Chinese firm to list in America.

June 30, 2014 at 7:10 amFinance

Siemens Says Revamp Will Cut Up To 12,000 Jobs

Image from GNU Free Documentation License | Wikimedia

Image from GNU Free Documentation License | Wikimedia

Siemens said it was weighing cuts of 11,600 jobs worldwide, as the Germany industrial giant seeks to restructure its business.

Jobs Under Threat

The planned cuts directly affect 7,600 jobs. Another 4,000 positions are potentially affected as part of the company’s plan to simplify regional operations.

“A certain amount of people do stuff for coordinating things, analyzing things,” said Chief Executive Joe Kaeser in a conference. “About 20 percent of those we believe can be put to work elsewhere, but not there. They can be taken out of the system because the work goes away.”

Strategy Overhaul

The executive said some of the employees would be assigned other roles. Siemens is also holding meetings on the plans with its works council.

The reductions come after the previous 15,000 job cuts. Siemens prepares to reorganize itself into nine divisions from its initial 16.

CEO Kaeser tried to calm the waters in a statement to employees, highlighting that not all 11,600 positions would be cut.

June 3, 2014 at 6:07 amDirect Service

Obama Makes Unannounced Trip To Afghan, Says War Will Come To An End

obamaPresident Barack Obama made a surprise trip to Afghanistan on the eve of Memorial Day, as his administration plans to end the country’s longest war at the end of 2014.

End Of War

Obama was cheered by soldiers during his trip to Bagram Airfield outside Kabul.

“By the end of this year… Afghans will take full responsibility for their security and our combat mission will be over. America’s war in Afghanistan will come to a responsible end.”

Obama thanked U.S. troops in Afghanistan for their fight to protect America and promising to repay the sacrifice with lifetime commitments.

Security Agreement

Combat troops are expected to leave the country by year’s end.

However, Obama is seeking to keep a small number of soldiers in Afghanistan beyond 2014 to train Afghan security forces and conduct counterterrorism missions. That plan depends on the next Afghan leader signing a bilateral security deal.

Obama clarified that America would remain committed to Afghanistan if the incoming leader approved the security deal.

May 27, 2014 at 3:19 amDirect Service

Mysterious Flight 370: The Search Expands To Indian Ocean

The search for the missing Malaysia Airlines Flight 370 started in the sea between Malaysia and Vietnam and has expanded into the vastness of the Indian Ocean.

The search continues

Malaysia_Airlines_B777

Image by Charaka Ranasinghe | Wikimedia

As days passes by, the wider the search area for the missing plane becomes.

“It’s a completely new game now,” said Cmdr. William Marks of the U.S. 7th Fleet, which is helping in the search.

“We went from a chess board to a football field,” he added when asked to describe the situation.

U.S. officials believe the plane may have crashed into the Indian Ocean.

‘Look further’

USS Kidd, a destroyer from the U.S. Pacific Fleet, headed for area to help with search.

“A normal investigation becomes narrower with time, I understand, as new information focuses the search,” said Hishammuddin Hussein, the minister in charge of defense and transportation, in a statement. “But this is not a normal investigation. In this case, the information we have forces us to look further and further afield.”

March 18, 2014 at 5:21 amDirect Service

Twitter Bans Explicit Content On Vine App

twitter logo

Image by Denise R

Social media site Twitter has officially banned pornographic content on its video-sharing app Vine.

‘Not a good fit’

Twitter changed its content policy to remove explicit content from Vine, an app that allows users to share videos.

“We’ve found that there’s a very small percentage of videos that are not a good fit for our community,” the company said in a blog post.

The changes go into effect immediately.

Naughty content

As social media sites grow, there’s an increasing tendency that more users share explicit content even though it has already been part of the web culture since the beginning.

But Twitter’s move shows it’s no longer comfortable with that type of content.

Meanwhile, Vine issued a statement regarding Twitter’s latest move.

“For more than 99% of our users, this doesn’t really change anything. For the rest: we don’t have a problem with explicit sexual content on the Internet – we just prefer not to be the source of it,” said Vine.

March 10, 2014 at 3:31 amE-Commerce