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since 1973


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Defects are not so much a technological problem as a sociological problem.

It's the system for building systems that we should be correcting.

The only unforgivable failure is the failure to learn from past failure.

Tom DeMarco: "Controlling Software Projects - Management Measurement & Estimation"


The lamp of experience... I know of no way of judging the future but by the past.

Patrick Henry


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Fri, 28 Jan 2022 00:00:00 +1100
Coal, gas power shrinking in Australia as renewable energy shines
Renewable energy is squeezing fossil fuels further out of the nation’s power mix and threatening the viability of coal-fired power plants.
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Fri, 28 Jan 2022 00:00:00 +1100
Government must recognise overseas skills to combat worker shortage
We need more workers, but we don’t recognise overseas experience.
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Thu, 27 Jan 2022 20:46:06 +1100
‘Probably more to go in this sell-off’: US rate rise fears trigger ASX slump
The Australian sharemarket dropped 1.8 per cent on Thursday, and more than $200 billion in value has been wiped from the ASX since last August’s peak.
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Thu, 27 Jan 2022 20:00:00 +1100
Half-empty planes are bad news for Qantas, but worse for its rivals
Qantas can turn a profit while flying far emptier planes than its rivals thanks to its aggressive pandemic cost-cutting drive, which analysts say will help shield it from competitors Virgin Australia, Rex Airlines and new challenger Bonza. 
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Thu, 27 Jan 2022 18:16:50 +1100
Cost of workers compensation COVID-19 cover was ‘overestimated’ by 103 per cent
The cost of providing essential workers automatic compensation for COVID-19 infection would be $315 million, according to new analysis, which is less than half the $638 million the state government estimated as the reason to repeal the cover.
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Thu, 27 Jan 2022 17:44:20 +1100
US Fed fears send ASX into a correction
Fears of rate hikes, triggered by comments from US Federal Reserve chairman Jerome Powell, are coming home to roost in Australia.
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Thu, 27 Jan 2022 15:48:34 +1100
Panic selling while markets are falling is a mug’s game
Massive fortunes have been made by astute investors that hold their nerve even when they see the whites in the eyes of share traders.
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Thu, 27 Jan 2022 14:24:51 +1100
Energy giant Woodside pulls out of junta-led Myanmar
Woodside is withdrawing from Myanmar a year after a military coup, causing a write-off of hundreds of millions of dollars.
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Thu, 27 Jan 2022 11:49:59 +1100
The Fed’s fuzzy policies rattle reeling sharemarkets
There was little in the US Fed’s statement that should have surprised investors. But when Jerome Powell answered questions afterwards, there was another sell-off in financial markets anyway.
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Thu, 27 Jan 2022 11:34:19 +1100
Premier, Kogan reveal strong online sales, supply chain struggles
Supply chain issues are continuing to wreak havoc on the Australian retail market with Kogan hit particularly hard.
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Thu, 27 Jan 2022 10:59:56 +1100
Tesla reports record profit but issues loom
Tesla sales continue to surge but it warns that supply chain problems will continue to hinder production.
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Thu, 27 Jan 2022 10:05:00 +1100
Bitcoin’s slump raises fears of a ‘crypto winter’
A hefty debate is under way in the crypto space about whether Bitcoin is mired in a drawn-out bear market.
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Thu, 27 Jan 2022 08:21:11 +1100
As it happened: US Fed triggers ASX correction as stocks plunge
The Australian sharemarket dropped as much as 2.9% this afternoon after the US Fed signalled a US interest rate rise is coming as soon as March.
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Thu, 27 Jan 2022 07:48:17 +1100
Fed signals rate rise ‘soon’; ASX set to fall as stocks retreat
Stock indexes initially rose then flipped into the red as Fed chair Jerome Powell took repeated questions about how and when the central bank will start letting its balance sheet shrink.
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Thu, 27 Jan 2022 05:00:00 +1100
Family trust eyes legal action against CommSec over frozen account
A stoush has erupted between CommSec and a family trust that claims its trading account was frozen in the middle of a busy trading day.
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Thu, 27 Jan 2022 05:00:00 +1100
Rate rises tipped to ease squeeze on bank profit margins
Banks are likely to get some relief from the crunch on their profit margins if the RBA bows to investor pressure and lifts interest rates later this year.
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Thu, 27 Jan 2022 05:00:00 +1100
Putin threatens to light fuse on overvalued sharemarkets
Most sharemarket crashes and bear markets require some kind of trigger to set them off. The stand-off over Ukraine looks uncomfortably like it could be that moment.
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Thu, 27 Jan 2022 05:00:00 +1100
Dangerous liaisons: CSL’s other line of work is poisonous
Biotech giant CSL makes countless life-saving therapies, but there’s one medicine it hopes gets thrown out before it ever has to be used.
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Thu, 27 Jan 2022 03:02:50 +1100
Boeing sinks to $US4.2b loss as Dreamliner problems escalate
The company’s shares dropped as the manufacturer recorded $US5.5 billion in total costs to cover higher factory and customer expenses for the Dreamliner.
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Wed, 26 Jan 2022 19:03:14 +1100
Motorists warned record petrol prices may persist for weeks
Australian motorists are facing the threat of high petrol prices persisting for weeks to come as a global oil supply crunch continues.
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