ACCM4300 - Financial Reporting Assignment Assignment 1. Identify the Head Corporation of Australia Post for Annual Report of 2011. The Head corporation of Australia Post is Australian Postal Corporation formerly known as Australian Postal Commission. 2. Identify the jointly controlled entities held by Australia Post at 30th June 2011. List the percentage of ownership interest. Australia Post has number of subsidiary and joint venture with national and international entities
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| Qantas Airways | Growth Strategy Report | | | | Jin Ju ID: 213016540 Letter of Transmittal To Dr. Shrimal Perera: Department of Accounting and Finance‚ Room 3.43‚ Building H‚ Caulfield Campus‚ Monash University‚ 23th May‚ 2011. Dear Board of Directors: A copy of the Growth Strategy Report for Qantas Airways is attached. The report has evaluated Qantas Airways’ performance in past five years with a view to recommended a financially justified strategy for a strategic
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• Aviation market in Australia continued to be volatile‚ characterized by relatively flat growth‚ low margins and financial pressure. • High rivalty among competitors - Virgin Blue took about a third of the domestic market from Qantas‚ but Qantas fought back by launching Jetstar. Social • Population in Australia is a growing‚ but also aging. The Generation Y represents about 4.5
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explain how Qantas develops its situational analysis which is made up of the SWOT analysis and product life cycle. Throughout this report competitor analysis will be explained and there will be examples used in order to back up the information stated throughout the report. Background Information: The most important objective in a business is to identify and satisfy customers and by doing this the business will generate revenue. Marketing is one of the most important business strategies for Qantas and this
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Executive Summary Qantas Groups’ performance over the 2007 to 2011 period has been relatively poor mainly as a result of the global financial crisis adversely affecting the firm’s international operations. Strategically‚ Qantas is likely to continue to dominate the domestic airline industry with the success of Jetstar prompting expansion into the Asia Pacific region. The most significant threats facing Qantas include high fuel prices‚ the value of the Australian dollar and industrial action. A comprehensive
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analysis report of Qantas Airways Limited (Qantas Group) basis on the 2011 annual report. For the auditing purpose‚ the report will mainly focus on auditing perspectives. First of all‚ an overview of the company and industry‚ it gives an idea of what the business conditions in which they face with. By using the SWOT tool‚ we ensure the analysis is matched with the real business situations. Moreover‚ the report will discuss different categories of laws which would be applicable the Qantas Group and also
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Below is the example of continuous improvement taking in account the cost‚ maintaince‚ techniques etc. The multi brand strategy allowed the Group to position Qantas’ domestic network as ‘best for business and premium travel’ supported by Jet star offering consistently low fares. The successful execution of the strategy is evidenced by Qantas and Jet star continuing to be the two most profitable Australian domestic networks‚ maintaining the Group’s profit maximizing 65 per cent market share. This
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Introduction: "Qantas has grown to be Australia’s largest domestic and international airline. Registered originally as the Queensland and Northern Territory Aerial Services Limited (QANTAS)‚ Qantas is widely regarded as the world’s leading long distance airline and one of the strongest brands in Australia" http://www.qantas.com.au/travel/airlines/company/global/en. SWOT and PEST analysis for Qantas Airline:
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their prices and making a large dent in the leisure market‚. As a result‚ Virgin Blue introduced a premium economy cabin class in March 2008. This aimed to appeal to the business end of the travel market‚ thus emerging as a market challenger (with Qantas being the business travel market leader). Instead of purely focusing on getting the customer from A to B for a cheap price‚ they aimed to increase the customer experience of those choosing to fly premium economy by: * Making the customer feel
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analyse the background of the Qantas and its decision to launch Jetstar on May 2004 that operated around 800 flights a week across network of 14 destinations within Melbourne‚ Sydney and Brisbane. Secondly‚ this essay will evaluate how Data Collection Feedback Cycle change model is used to gather major information and to critically analyse it. Thirdly‚ this essay will critically evaluate the background of Qantas and Virgin Blue and will also highlight various reasons that eventually led the Qantas group
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