Feeds

Australian IT imports plunge

Second-lowest spend since 2005

Protecting users from Firesheep and other Sidejacking attacks with SSL

That grumbling you hear in channel-land and retail-land about no-one buying IT right now?

New data shows it is justified, as Australia imported just $569m of what the Australian Bureau of Statistics calls “Office machines and automatic data processing machines” in February 2012.

That’s a big fall compared to January, when imports reached $678m. December 2011 clocked up $750m and November 2011 saw $872m of goods in that category cross our borders.

February is seldom a good month for imports in the International Merchandise Imports series, which goes back to January 1988. But to get an idea of how sharp February’s fall was, the last month with a five in front of its import numbers was February 2011’s $564m. But before that you need to go back to February 2009 to find another $500m month ($581m to be precise) and before that to February 2005 when the ABS counted $572m of goods in this category.

The January-to-February fall for 2012 is also far larger – at $109m – than the fall between the two months going back to January 1988.

It's hard to account for the fall. Numerous surveys point to slowly growing business confidence and greater profit expectations, fuelled in part by a colossal investment pipeline in the resources sector. Others suggest consumers are keeping their wallets and purses shut, preferring to save rather than shop. We'll keep an eye on next month's release of this data to offer more longitudinal reporting. ®

Website security in corporate America

More from The Register

next story
Hey, Scots. Microsoft's Bing thinks you'll vote NO to independence
World's top Google-finding website calls it for the UK
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Apple CEO Tim Cook: TV is TERRIBLE and stuck in the 1970s
The iKing thinks telly is far too fiddly and ugly – basically, iTunes
Israeli spies rebel over mass-snooping on innocent Palestinians
'Disciplinary treatment will be sharp and clear' vow spy-chiefs
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
OECD lashes out at tax avoiding globocorps' location-flipping antics
You hear that, Amazon, Google, Microsoft et al?
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.