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The article reports that packaging manufacturers Visy and Amcor Ltd. are losing market share in the paperboard packaging industry in Australia. According to IBISWorld research, their combined share of industry revenue fell from 78.4 percent in 2002 to 73.8 percent in 2007. On the otherhand, competitors like Detmold Holdings and Carter Holt Harvey Ltd. are investing to strengthen their presence in the market.

The article emphasizes the importance of the exit strategy in joint ventures in the business sector's strategic alliances in Australia. The success of joint ventures is not just dependent on how they are structured in the beginning with clear expectations between the partners and mutually agreed financial practices. But also to the conclusion of the venture for the settlement of all the aspects involved in the alliance.

Presents an overview of Australia's manufacturing sector as of October 1995. Ranking of companies within the building materials industry; Food sector; Machinery and equipment; Metal products; Petroleum, chemical and coal; Printing and publishing; Textiles and clothing; Wood and paper.

Reports the effort of the business and accounting sector for continued self-regulation in Australia. Introduction of policies and practices in terms of corporate governance and auditor independence; Creation of a code of professional ethics; Release of the issue paper on audit regulation and corporate disclosure. INSETS: The reforms.;US toughens its law..

Presents a profit growth outlook for industrial companies in Australia for 1995 to 1996. Potential of mining stocks; Paper and packaging as the most promising sectors; Reasons for bullishness about resources; Relationship between commodity prices and the Australian dollar; Effect of the level of competition and low-inflation environment.

The article examines whether the quota system is the right approach for Australia in its efforts to develop knowledge in Asian business practices. It says that when the Australian government released its white paper, "Australia in the Asian Century," one of the goals was that by 2025, one-third of board members of ASX 200 companies should have a deep experience in and knowledge of Asia. It questions the wisdom of such a goal because of its heavy slant towards Asian capabilities.

This section offers news briefs on issues related to management. Australian Institute of Management released the paper "Managing in a Flexible Work Environment" regarding the underrepresentation of women in senior management roles. A survey of information technology contractors was conducted by the Information Technology Contract and Recruitment Association. A survey of businesses was conducted by the Victorian Employers' Chamber of Commerce and Industry and the Commonwealth Bank.

The article reports on the review in the area of contract law being conducted in Australia. A discussion paper was released by Attorney-General Nicola Roxon calling for submissions ahead of proposed reforms to contract law. Roxon says the country's contract law need to support businesses in creating a culture of innovation, embracing technology and looking for new trading opportunities.

The article reports on the impact of the increasing number of companies sourcing paper packaging from overseas in the local packaging industry in Australia. It is said that prices and revenue have decreased in the wake of growing import penetration. It is expected that the revenue of the industry will decline by 2.9% to $2.6 billion. It is also anticipated that there will be a big change in generic labels and environmental issues will remain.

The article profiles Tony Hall, chairman of Australia-based environmental certification program company greenbizcheck. The paper provides information on Hall's personal background, educational attainment, career achievements and milestones, and his business philosophy and management practices. A brief history of the company is also provided.

The article profiles Naomi Simson, chief executive officer of Australia-based online gift retailer RedBalloon Days. The paper provides information on Simson's personal background, educational attainment, career achievements and milestones, and her business philosophy and management practices. Information about the company is also provided.

Reports on donations of several businesses in Australia to tsunami victims in Asia. Founder of telecommunications company, Tangible Solutions, David Watson's fund raising for the benefit of tsunami victims in Asia; Total donations of Frank Lowy's Westfield Group; Financial contribution of the Commonwealth Bank; Richard Pratt's paper and packaging company, Visy Industries' donation through the Pratt Foundation.

Highlights a discussion paper by the insolvency firm KordaMentha which suggests that employee entitlements should not take priority over the rights of secured creditors when a company goes broke in Australia. Call for cutting the entitlements of highly paid managers in insolvent companies; Claim of KordaMentha that companies will get around the federal government's position by creating corporate structures with employees in one structure and assets in another.

Reports on submissions received by the Corporations and Markets Advisory Committee (CAMAC) on its discussion paper, 'Rehabilitating Large and Complex Enterprises in Financial Difficulties'. CAMAC's review of the voluntary-administration provisions introduced in the Corporate Law Reform Act 1992; Main corporate rehabilitation procedure used in Australia.