dinosaur harvey pleas for online tariffs , page-60

Hi MarC,

To my knowledge, Amazon's Australian distribution network has already been sealed in a single deal with more than one major Australian retailer. One of Amazon's famous traits has been its remarkable ability to catch the competition completely off guard so it is probably pointless to assume which products or retail segment is in the immediate firing-line. Amazon have publicly stated that it is choosing to enter Australia which is considered relatively small on a global scale before some of the more traditional larger markets due to some significant opportunities it has found so we really need to take a closer look at Amazon's real strengths in order to figure out what product lines may be in the firing line. For example, Harvey Norman's furniture offerings require up to two months (8 weeks or 56 days) for delivery from China while Amazon recently acquired French shipping company Colis Privé and registered for a license to ship products from China in addition to placing an order for 40 Boeing 767 cargo jets, the first of which was recently being 'primed' for service at one of Boeing's hangers in Seattle...

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Amazon’s plans for Australia are a hell of a lot bigger than most local analysts have been predicting. Also, if you spare a little time to look into, Amazon Prime Now, Amazon Go, and Amazon Echo (as a small example) you'll probably begin to see part of a bigger picture emerging. Amazon Go is still currently undergoing beta testing in the US so is probably not expected to arrive in Australia until 2018 however the concept still provides a little insight into what plans the retail behemoth may have in mind when the guy currently charged with rolling out Amazon's business here in Australia is saying, "We are going to destroy the retail environment in Australia"

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I'm led to believe there's some exciting new developments and features coming with the Australian introduction of the Amazon Echo later in the year. Its all relative!


Wrt to QIN, yes one should consider applying the word "alleged" to any serious accusation posted on a public forum (my bad), especially where the target is quite well known for its trigger-happy reputation of threatening those who question its true intentions. On this note however I also have a lot of respect for companies such as Glaucus Research Group who freely share hundreds of hours of in depth research uncovering some questionable antics within the local business culture for which our market regulator is inherently unprepared. The latest report on QIN released by Glaucus today is a great addition to the excellent research presented by the short selling firm last week. Understandably the appropriate course of action must take place before any serious 'allegations' from any short-side research analysts are to be realized, such was the case with China Medical Technologies last week which saw two of its Company executives charged in the US for stealing more than $400 million from investors five years after Glaucus first raised the alarm back in 2011.