Thorn Shareholders Query Proposed Buy Bid
Shareholders of Radio Rentals owner, Thorn Group, have reportedly expressed concern over the company’s decision to raise equity before announcing the results... Read More
Amazon Tipped To Etch Western Sydney Depot
E-commerce behemoth, Amazon, is tipped to etch a second Sydney depot, this time within the hotly anticipated ‘Oakdale West’ development – set... Read More
ACCC Energy Deal To Benefit Bunnings, Costco, Officeworks
The ACCC has issued a draft determination permitting selected Large Format Retail Association (LFRA) members to jointly tender and negotiate cheaper electricity... Read More
August Unemployment 5.3% Despite Jobs Surge
Australia’s unemployment rate has exceeded economist expectations, notching 5.3% in August despite creating 34,700 new jobs – more than double the ~15,000... Read More
Oz Retail Foot Traffic Steady Despite ‘Recession’
Australian retail foot traffic is reportedly steady, despite sluggish conditions and David Jones’ parent company declaring a state of retail “recession.” New... Read More
Huawei Banks On 5G For 2020 Sales Lift
[Image source: Evan Blass] Chinese telco giant, Huawei, is banking on 5G technology to lift next-year revenue, despite being banned from the... Read More
Thorn Group Reject Buy Bid, Raise $15M
Radio Rentals owner, Thorn Group, has rejected a buy bid for its Business Finance division, choosing to raise capital via rights issue... Read More
Google Joins Facebook To Pan ACCC Inquiry
Google has joined Facebook to pan the ACCC’s digital platforms inquiry, voicing concerns with regulation recommendations including intervention of the Android smartphone... Read More
Jabra Ink Amazon Exclusive Headphone Deal
Danish audio equipment manufacturer, Jabra, has cozied up to Amazon Australia, exclusively releasing a ‘Copper Black’ variant of its renowned Elite 85... Read More
LG ‘Styler’ Dry Clean System Lands In Oz
LG has released its innovative ‘Styler’ Steam Clothing Care System to selected Harvey Norman stores (A$3,299), targeting premium buyers with a convenient... Read More