Household Appliance Prices Soar In Oz After Pandemic Stock Shortage
The price of household appliances in Australia climbed significantly in the last six months due to pandemic stock issues, a new report... Read More
Oz Retail Surged Over Christmas Despite COVID
Australian retail sales defied the pandemic over Christmas, increasing almost 10 per cent year-on-year over the previous December. While turnover fell 4.2... Read More
Worldwide IT Spending To Grow 6.2pc In 2021
SYDNEY/SAN FRANCISCO: IT spending in Australia is forecast to grow four percent to reach almost A$98 billion in 2021, after a 1... Read More
Amazon Offers Biden Admin Help With COVID Vax Distribution
Amazon has offered help to US President Joe Biden in distributing the COVID-19 vaccines, as the new administration pushes to vaccinate 100... Read More
Afterpay Shares Hit Record High, Good Sign For Online Retail
In a potential positive sign for the retail industry, Afterpay shares have surged to a new all-time high after rising steadily over... Read More
Kogan Coughs Up $310k Spam Fine
Online retailer Kogan.com has paid a $310,800 fine for breaching the Spam Act, just a month after being slapped with a $350,000... Read More
PC Sales Top 91 Million In Last 2020 Quarter
PC sales continued to surge in the last quarter of 2020, with global shipments of desktops, notebooks, and workstations hitting 91.6 million... Read More
Cogworks Nabs StormAudio Distribution, Gives Up Trinnov
Queensland distributor Cogworks has picked up exclusive distribution of StormAudio AV processors and power amplifiers, while dropping distribution of the Trinnov brand.... Read More
Aussie Retail Industry Back On Track As JB Hi-Fi Shares Hits Record High
A surprisingly positive sales update from the owner of one of Australia’s biggest retail groups is a powerful indication the industry is... Read More
Dropbox Slashes 315 Staff, COO Heads For The Door
Cloud storage service Dropbox is slashing its global workforce by 11 per cent as its COO steps down from her role after... Read More
Consumers Looking To Spend More Despite COVID
The COVID-19 pandemic is still weighing on Australian consumers’ minds and the economy – but in good news for retailers, more consumers... Read More
Xbox Series S Consoles In Stock At JB Hi-Fi
JB Hi-Fi has stock available for the Xbox Series S console, which has been difficult to find ever since its launch last... Read More
JB Hi-Fi Adds New Gaming Chairs
A new range of ergonomic gaming chairs is coming to JB Hi-Fi from big global brand Anda Seat. Anda Seat, which boasts... Read More
EU Confirms Tech Giant Rules
LONDON: The EU has officially announced sweeping new rules that could see tech giants face hefty fines and stricter controls over their... Read More
Costco Undercuts Harvey Norman By Hundreds On CE
US retail giant Costco is expanding in Australia, while undercutting other retailers such as Harvey Norman on consumer tech – sometimes by... Read More
Tech Giants Face EU Fines Of Up To 10 Percent Of Turnover
BRUSSELS: New draft EU rules may penalise US tech giants such as Amazon, Apple, Facebook and Google if they don’t change their... Read More
Bpay, Eftpos And NPP Reveal Merger Plan
CANBERRA: Australia’s major three payment infrastructure providers – Eftpos, BPay and NPP Australia – have announced plans to merge. “In Australia, international... Read More
Sports Watch Maker Suunto Expands Into Harvey Norman
Suunto, the manufacturer of sports watches and diving technology, has announced it will expand the availability of its flagship smartwatch into Australian... Read More
Stake Makes Big Bet On Airbnb
SYDNEY: Australian investors have been pouring money into Airbnb since the US company went public on Friday, market watchers report. According to... Read More
COVID-19 Broadband Boosts Lifted Video Streaming Performance
Broadband speed boosts during COVID-19 have been good news for streaming services like Netflix and YouTube, which saw performance improve over pre-pandemic... Read More
JB Hi-Fi Holds One-Day Sale
JB Hi-Fi is having a one-day-only sale, with deals on TVs, phones, and computers. The retailer’s “wicked Wednesday” sale is part of... Read More
Canberra Adopts E-Invoicing To Speed Payments To Small Biz
CANBERRA: Small businesses that supply Federal departments with goods or services should be able to get paid faster after the Treasury Department... Read More
Online Sales Continue To Do Well As Australia Rides The Covid Era
CANBERRA: Australian retail turnover edged up 1.4 percent in October 2020, seasonally adjusted, according to the latest figures from the Australian Bureau... Read More
Harris Technology Tries To Make An ASX Comeback After Being Flogged By Officeworks
Harris Technology, who has had a questionable ride since Ron Harris flogged the company to Wesfarmers in 2006, is trying to make... Read More
Notebooks Fuel Surging PC Market In Age Of COVID
The surge in the PC market is no flash in the pan, with continued remote work and education combining with the holiday... Read More
Salesforce Buys Slack In $37.5 Billion Takeover
Global customer relationship management (CRM) giant Salesforce will buy Slack in a $27.7bn USD ($37.5bn AUD) deal. The major rival to Microsoft’s... Read More
Harvey Norman Scores Kids’ Smartwatches In Time For Christmas
Harvey Norman has nabbed the Spacetalk watch, a combination smartwatch and phone designed for primary school-aged children, in time for the Christmas... Read More
Should Google Buy Fitbit? ACCC Asks Aussies
The ACCC has called for submissions on Google’s proposed acquisition of Fitbit, and a court-enforceable undertaking that would protect user data. The... Read More
News Says No Thanks To “Blank Cheque” For Foxtel
News Corp reportedly turned down a “blank cheque” offer from a US firm to invest in Foxtel in the middle of this... Read More
We Are Watching You, Aussie Banks, APRA Outfit Warns
SYDNEY: Australian banks and other big money handlers have copped a grim warming from the little-known, but quite powerful Australian Prudential Rights... Read More
Oz Cabinet Rejig To Open Door For Anti-Ransom Push
CANBERRA: Scott Morrison will set up a new cyber security role as part of a Cabinet reshuffle next month, following the departure... Read More
Amazon To Pay Big Bonuses As Unions Try To Dent Business
Amazon is set to pay their Australian staff bonuses after sales soared during the COVID-19 lock down, but despite this unions are... Read More
Telstra Masks High Risk Chinese ZTE Phones By Branding Them As Their Own
Telstra who recently agreed to pay a $50 million penalty over the sale of mobile plans that left thousands of vulnerable Australians... Read More
Harvey Norman & Kogan Shares Surge After AGMs
Harvey Norman shares have surged by 5.2% after the department store giant reported its stellar results in yesterday’s Annual General Meeting. On... Read More
TVs & Fridges & Phones, Oh My! JB Hi-Fi’s Best Black Friday Deals
JB Hi-Fi is yet again clearing stock and flogging massive discounts as part of its Black Friday Thanksgiving sale. The electronics retailer... Read More
Smartphones To Bounce Back In Holiday Quarter
The global smartphone market is set to rebound in the holiday quarter, returning to growth after a stronger-than-expected third quarter of 2020.... Read More
“Unconscionable” Sales To Indigenous Customers Could Cost Telstra $50M
Telstra could pay out a $50 million settlement over admitted breaches of Australian consumer law and “unconscionable” sales of post-paid mobile products... Read More
BREAKING: Amazon Web Services Down
Amazon Web Services (AWS) has suffered a major outage, bringing down a swathe of websites and services with it. Issues were reported... Read More
‘I’ll Live To 100’: Gerry Harvey, 81, Won’t Step Down From Harvey Norman Any Time Soon
Harvey Norman boss Gerry Harvey, who is worth an estimated $1.8 billion, told shareholders at the company’s Annual General Meeting he has... Read More
Gerry Harvey Wins Thumping Re-Election As Harvey Norman Profits Soar
Gerry Harvey has been overwhelmingly re-elected as executive chairman of Harvey Norman, which posted a massive 160 per cent jump in pre-tax... Read More
Samsung TV Sales Surge The Big Loser Is Hisense
Samsung Electronics TV sales are surging both locally and across the world according to new data released this week, the big loser... Read More
$599 65″ TV Headlines Big Tech Deals In Aldi Special Buys
A $599 65-inch Bauhn 4K smart TV is headlining Aldi’s Special Buys for Black Friday, with a wide range of other tech... Read More
COVID Fuels $7m In Aussie Losses To Online Shopping Scams
More than $7 million has been lost to online shopping scams this year, prompting the ACCC to warn Australians ahead of the... Read More
Better Days On The Way, Business-Wise, Stats’ Figures Suggest
CANBERRA: There are promising signs of increasing business confidence across Australia, according to the Australian Bureau of Statistics (ABS, or Stats). Some... Read More
NSW Calls Compulsory Check-Ins
SYDNEY: The NSW Government has introduced a new compulsory QR (quick-response) check-in system for use in cafés, restaurants, gyms, pools and a... Read More
Massive GST Fiddle Sends Melbourne Man To 5 Years In Jug
MELBOURNE: A 38-year-old fraud syndicate member who conspired to defraud the Commonwealth of more than $5 million through goods and services tax... Read More
ASIC To Investigate ASX Crash
SYDNEY: Last week’s software glitch that brought the ASX tumbling down for most of a day is currently being investigated by the... Read More
OZ Bluestream Cracks US Market With RTI Deal
Blustream which is a standalone Company owned by the directors of Melbourne based Qualifi has cracked the giant US market with their... Read More
BREAKING NEWS: Apple Security Head Hit With Bribery Charges
Apple has found themselves caught up in a bribery scandal with a US district attorney accusing Apple’s Chief Security Officer Thomas Moyer... Read More
Kogan Sales Figures Won’t Hold Up Post Pandemic, Warns Morningstar
Kogan shares have been “materially overvalued”, a financial services firm has warned, with investors wrongly expecting the current online sales surge to... Read More