Harris Scarfe CE & Appliance Suppliers Set To Only Get Cents But 5 Week Owner Gets $70M
Several appliance and CE distributors are set to only get between 1.3¢ and 20.5¢ in the dollar under a proposed deed of... Read More
Sweden Boozes On As Oz, Other Nations Close Up
SYDNEY/STOCKHOLM: Not every nation across the globe is taking the very strict type of response to the coronavirus as Australia, France and... Read More
Working From Home Tipped To Become Permanent For Many
SAN FRANCISCO/SYDNEY: Globally, four out of five people’s jobs are being hit by the coronavirus pandemic and a total of 81 percent... Read More
VIC Gov’s ‘Working For Victoria Fund’ Expects To Place 2500 Workers By The End Of The Week
The Victorian government’s $500 million ‘Working for Victoria Fund’ – which aims to find employment for people who have lost work due... Read More
DJs Online Sales Zoom As In-Store Purchases Drop 19pc
SYDNEY: David Jones’ parent company Woolworths Holdings Limited, which is based in South Africa – and is not related to the Australian... Read More
ACCC: ‘We Cannot Stop Price Gouging, But New Biosecurity Act Powers Will Protect Some Products’
Today, in a speech made at the Gartner CEO Forum, ACCC Chair Rod Sims said that although the commission has received a... Read More
Security Fears See Govt. Ban Zoom Use By Pollies, Agencies
CANBERRA: The Morrison Government has banned the use of popular video-conferencing software Zoom by government agencies and federal politicians, after defence sources... Read More
Australian Mobile Market Takes Major Hit From Coronavirus
SYDNEY: Mobile services revenue in Australia could decline by 10 percent in 2020, and sales of the much ballyhooed new “5G” gear... Read More
New GFK COVID-19 Service But Don’t Bank On Accurate OZ Data
European research group GFK has established a dedicated online resource centre to try and flog COVID-19 data, the only problem is that... Read More
Samsung Beats Coronavirus Downturn While LG Wobbles
Samsung Electronics whose health is crucial to South Korea’s economy has reported a 2.7% increase in profits and a 5% increase in... Read More
Vodafone Introduces $10 ‘Stay Connected’ Plan For Customers Experiencing Financial Hardship
From the 20th of April, Vodafone Hutchinson Australia will be offering a temporary ‘Stay Connected Cap Plan’ for customers that are experiencing... Read More
S&P Revises Outlooks For Australian Retail REITS
S&P has revised the outlooks for four Australian retail REITs to negative and one to stable, citing limited buffering to absorb “the... Read More
Sales at David Jones Fell 19% In March, But Online Sales Grew By 108%
David Jones’ parent company Woolworths Holdings Limited, which is based in South Africa, has disclosed how the COVID-19 pandemic has impacted the... Read More
Australia’s Consumer Confidence Rebounds By 10.1%, The Most Significant Jump On Record
Last week the ANZ-Roy Morgan Consumer Confidence index jumped up by 10.1%, the biggest gain since the survey moved to a weekly... Read More
Distributor Dicker Data Appoints New Head Of AV & New Business Development Manager For AV
Dicker Data – Australia’s largest locally owned and operated technology hardware, software and cloud distributor – has announced the appointment of two... Read More
Nod To Ultra-HD Streaming, As US Set To Release 6GHz Band
WASHINGTON: The US Federal Communications Commission (FCC) has drafted a proposal to extend the usable radio wave spectrum across the USA to... Read More
COVID-19: Oz Business Confidence Hits A Record Low In March, But Could Rise In April
The Roy Morgan Business Confidence index fell by 9.1% in March to hit 95.1, a record low. In the first two weeks... Read More
US Officials Look To Control High-Tech Exports To China
NEW YORK/WASHINGTON: The Trump Administration is reported to be trying to curb China’s access to US technology on the pretence of China... Read More
Google’s $2 Billion Bid For Fitbit ‘Not A Slam-Dunk’: Report
WASHINGTON: Assistant Attorney General Makan Delrahim, who heads the US Justice Department’s antitrust division, has recused himself from an investigation into Google,... Read More
Samsung Wobbles As COVID-19 Strikes New Financials Due Today
A slump in demand for mobile packages in Australia could be bad news for Samsung who pre the COVID-19 was talking positively... Read More
ACCC Chair Sims Zooms In On CV19 Comms Risk
CANBERRA: Rod Sims, chairman of the Australian Competition and Consumer Commission, has detailed COVID-19-induced communications risks that the ACCC hopes to mitigate.... Read More
Angus Jones, Former CMO Of LG: COVID-19 Will Not End Any Time Soon
I wish I did not write this headline and this is all a dream. However, of all industries, the Consumer Electronics industry... Read More
Bunnings Gears Up For Easter Rush, And Launches DIY Live For Australians In Lockdown
Bunnings is encouraging customers to get their shopping done earlier this week, ahead of what they say is traditionally a busy period... Read More
BREAKING NEWS: Another Greenlit Brands Linked Retailer Placed Into Administration
Debenhams the UK retailer who set up in Australia in 2017 is on the brink of administration for the second time in... Read More
Motorola Razr Not As Expensive As You Think
If you are into retro or a smartphone that will get people talking the new Motorola Razr Flip phone is finally on... Read More
With Zoom Proving Problematic, What Alternative Video Conferencing Tools Are There?
While Zoom’s CEO Eric Yuan apologised for data privacy and hacking issues last week, and has moved to tackle these problems with... Read More
Westpac Bucks Trend, Predicts Jobs To Increase In ‘Some Sectors’
SYDNEY: Westpac has forecast major job losses by Australian businesses in the June quarter, as a result of the COVID-19 pandemic,. It... Read More
COVID-19: How The Proposed Commercial Tenancy Rules And Banking Packages Will Support Retailers
The government has proposed new measures to protect commercial tenants during the COVID-19 pandemic. These will be discussed at the National Cabinet... Read More
Has Harvey Norman Revenues Started To Slump? Their Shares Have
Has Harvey Norman revenues slumped, following the ill-fated appearance of Chairman Gerry Harvey on 60 Minutes, who after bragging about his recent... Read More
Coronavirus: Kogan Exposed Rorting Hand Sanitiser
Kogan is back rorting all he can from the Coronavirus this time with antibacterial hand sanitiser, late last month we exposed the... Read More
Retail Turnover Was Up 0.5% In February, Before COVID-19 Really Hit Australia
According to the latest Australian Bureau of Statistics (ABS) figures, Australia’s retail turnover rose by 0.5% in February 2020. This followed a... Read More
Despite Forecasting Rising Unemployment, Westpac Expects Jobs To Increase In Some Sectors
Westpac has forecast that there will be major job losses in the June quarter as a result of the COVID-19 pandemic, estimating... Read More
Harvey Norman Shares Thumped, Directors Salaries Cut, Dividends Revoked
As JB Hi Fi shares climbed 2.3% Thursday, Harvey Norman shares were nosediving falling 7% after management revoked the $0.12 cent dividend... Read More
JB Hi Fi Not For Sale After Wesfarmers Speculation
JB Hi Fi stock rose today after speculation emerged that the cashed-up Wesfarmers Group, who earlier this week sold down their shareholding... Read More
Major Distributors Drop Staff Stock Financing For Some A Problem
Major distributors are laying off staff some up to 50% of their entire workforce due to the Coronavirus epidemic, this is despite... Read More
Bluestream Appoints Jands As Its Commercial Distributor In Australia
Australia’s HDMI, video and audio distributor Bluestream has announced its appointment of Sydney-based Jands as their professional and commercial distributor in Australia.... Read More
COVID-19: ACCC Releases Guidelines For Small Businesses Managing Refunds And Cancellations
The ACCC has issued guidelines to help small businesses understand their rights and obligations under the Australian Consumer Law, given the mass... Read More
Apple Rains In Dark Sky
SAN FRANCISCO: Apple has purchased Dark Sky, a popular US weather app and, according to the company, there will be “no changes” for... Read More
GPost Delivers Location Messages
SYDNEY: A group of Australian software developers has launched a free messaging app, dubbed GPost, that enables messages to be distributed to... Read More
Sonos, First They Nobble Customers Now They Nobble Retailers For Discounting
US sound Company Sonos, has moved to nobble the retail partners who helped get the brand off the ground in Australia, because... Read More
Data Show Oz Internet Speeds Slumping During COVID19
MELBOURNE: When it comes to working from home curing COVID19, it appears not all cities are equal. According to figures supplied to... Read More
NEC A/NZ Offers Health Monitor App For Those Quarantined
SYDNEY: NEC A/NZ and a group of software developers have come up with a smartphone app, iQuarantine, that uses NEC’s face-recognition technology... Read More
Major Cloud Space Scrambling, New Toilet Paper Issue
BRISBANE: “Datacentres are the new toilet-paper,”says the always colourful Superloop/Megaport/NextDC founder Bevan Slattery, pictured. In a post on LinkedIn he warns that... Read More
Kmart Insists There Was ‘Minimal Risk’ To Customers After Employees Test Positive For COVID-19
Chadstone Kmart, located in Melbourne’s popular Chadstone Mall, closed yesterday afternoon, after two casual team members tested positive for COVID-19. “As soon... Read More
Light At The End Of The Tunnel For Distributors As Dollar Heads To $0.70
For distributors there is light appearing at the end of the tunnel, especially those that have already put their prices up when... Read More
Amazon Workers Strike For COVID19 Protection
SAN FRANCISCO/NEW YORK: E-commerce giant Amazon is facing more problems than coronavirus as workers at their so-called fulfillment centres begin to exercise... Read More
Audiences On Australia’s Top-10 News Sites Up A Massive 54%
As a result of the COVID-19 pandemic, Australians have been consuming more news across the board. According to Nielsen data, the audience... Read More
COVID19 May Make You Fat, If You Don’t Exercise More
SAN FRANCISCO: Coronavirus may do more harm than give a life-threatening respiratory illness. It seems it may also make you fat. A... Read More
Parliament To Be Called Early
CANBERRA: Parliament could sit as early as next week to pass legislation related to the new JobKeeper payment, with Labor likely to... Read More
WA shutdown: Local Coppers Call In The Drones
PERTH: West Australian police will use drones to enforce unprecedented border closures as the State goes into lockdown in a bid to... Read More