ASX Bounces Back As Retailers Take Action
The ASX 200 is up 2.63% today, as a number of Australian retailers post positive sales results and strong action plans despite,... Read More
COVID-19: States Ditch Supermarket Truck Curfews
More states have joined Queensland in lifting curfews on delivery trucks to ensure supermarkets have consistent stock supply and to curb panic... Read More
Amazon Asks Consumers to Cooperate In COVID-19 Price Gouging Investigation
Amazon has reportedly asked customers in the US to cooperate with the Department of Justice in its criminal investigation into third-party seller... Read More
COVID-19 Hits Global Internet Speeds, Australia Flat
Despite the coronavirus outbreak putting pressure on global networks, Australia’s internet speeds have stayed relatively flat over the past few weeks. Speedtest.net... Read More
ACCC’s Scamwatch Warns Consumers About New COVID-19 Scams
The ACCC’s Scamwatch has warned consumers to be wary of scammers taking advantage of fears surrounding COVID-19. Reported scams have included fake... Read More
Microsoft Teams Adds New Features As Usage Surges
Microsoft Teams has added new features to aid in working from home during the COVID-19 pandemic, as daily usage skyrockets and the... Read More
BREAKING NEWS: Sea Freight Banned For 14 Days By Queensland Labor Government, Tipped To Be Extended To All Ports
In a major blow for distributors and retailers the Queensland Labor Government has moved to impose a 14-day offshore quarantine order on... Read More
BREAKING NEWS: OZ Dollar Crashes As RBA Delivers $90 Billion To Prop Up Businesses
The Reserve Bank has cut the official cash rate to 0.25 per cent from 0.5 per cent with banks set to have... Read More
Aus Post Signature Policy Results In Missing Parcels, Queensland Lifts Truck Curfews
Freight companies such as Australia Post, Star Track, Toll, DHL and FedEx are facing a backlash with CE and audio distributors reporting... Read More
Dutton Vows To Come Down “Like Tonne Of Bricks” On Panic-Buyer Buses
Home Affairs Minister Peter Dutton has slammed anecdotal reports of city-dwellers travelling to rural supermarkets by the busload and buying out stock.... Read More
Facebook Gives $100m To Small Biz To Offset Impact Of Coronavirus
SAN FRANCISCO: Facebook plans to award US$100 million in cash grants and ad credits for up to 30,000 small businesses in more... Read More
Harvey Norman Oz Sales Up 9%, International Takes A Pounding
With Australia’s COVID-19 panic buying extending into consumer electronics, Harvey Norman has posted strong sales – though many of its international stores... Read More
Fujifilm May Have Covid 19 Cure
TOKYO: Shares in Japan’s Fujifilm Holdings, maker of the famous camera and film equipment, have surged 15 percent after a Chinese official... Read More
Samsung Chip Demand To Jump
SEOUL: Samsung Electronics says it expects higher demand and limited supply for computer chips. The demand comes even though the coronavirus pandemic... Read More
Covid 19-Affected Travelers May Qualify For Refunds: ACCC
SYDNEY: The Australian Competition and Consumer Commission says that consumers may be entitled to refunds on flights, events and other travel services... Read More
Call Centre Chaos Breaks Out
SYDNEY: Telstra CEO Andy Penn has told Australians not to bother ringing a call centre if they have problems with mobile reception... Read More
ACCC Targets Unsafe Button Batteries In Children’s Toys
The ACCC has named unsafe button batteries as a key priority in its action plan for 2020. In Australia two children have... Read More
Apple Doubles Storage, Lowers RRP On New MacBook Air
Apple has released the newest version of its MacBook Air laptop, which features expanded storage and improved performance alongside the Magic Keyboard,... Read More
Tech Stocks Take Another Tumble
SYDNEY: Telstra was hit with a whack of more than eight percent on its share price yesterday as the ASX tumbled again,... Read More
Morrison To Offer Stimulus No. 2 In Bit To Avoid Rout
CANBERRA: As financial markets suffered another day of panic selling yesterday, the Australian Government flagged a potential second round of stimulus, only... Read More
COVID-19: NBN Co & Some Providers Promise To Give Free Data
NBN Co has said it will provide retail service providers (RSPs) with free bandwidth from Monday, in order to support the higher... Read More
Amazon Suspends Non-Essential Warehouse Deliveries
Amazon is suspending deliveries of non-essential items to its warehouses due to shortages resulting from the COVID-19 pandemic. The freeze is in... Read More
OZ Dollar Falls Below $0.60 Westpac Claims ‘Technical Recession’ Consumers Still Spending
The Australian dollar has fallen below $0.60 due to the Coronavirus and the slump in share values in Australia, and while goods... Read More
Apple Plans Entry-Level IPhone
SAN FRANCISCO: Apple is reportedly planning to launch a new 5.5-inch entry-level iPhone. The small device, which has been rumoured for some time,... Read More
COVID-19 Affected Travel Could Mean Refunds, Says ACCC
The ACCC has advised that consumers may be entitled to refunds on flights, events and other travel services impacted by COVID-19. Level... Read More
Telstra Offers Unlimited Data …
SYDNEY: In a bid to alleviate problems associated with the coronavirus pandemic which is forcing people forced to work from home, Telstra... Read More
Tech Looks On The Bright Side As COVID19 Boosts Service Demands
SAN FRANCISCO/SYDNEY: Shares in major technology companies may have tanked for the moment, along with the rest of the stockmarket but, to... Read More
Coles & Woolies Enforce 2-Pack Limit On Most Items
Australia’s major supermarket chains have put a two-pack limit on a wide range of grocery items as COVID-19 panic buying continues. From... Read More
NBN, The Beers Are On You, Bevan
SYDNEY: Several days ago, tech entrepreneur and Superloop founder Bevan Slattery, pictured page 1, wrote an open letter to Prime Minister, Scott... Read More
Coronavirus Spurs Aussie Demand For Speedier NBN
CANBERRA/SYDNEY: Onset of the coronavirus crisis – and the ensuing drive for employees to work from home – has seen the Federal... Read More
Apple Extends Shutdown Period For Retail Stores
Earlier this week Apple announced that it was closing all its retail stores outside of Greater China until the 27th of March,... Read More
COVID-19: Shopping Centres Face Horror Time, Rent Relief Demands
The COVID-19 virus has seen shopping centres deserted with owners desperate to avoid having to shut down malls as retailers look for... Read More
Big Smartphone Retailer Slashes Jobs Closes Stores
Shares in Dixons the UK equivalent of JB Hi Fi have soared 14% after the Company announced the closing of 531 stores... Read More
Afterpay To Refund $1.5 million To Consumers
Following an inquiry launched last year, Afterpay Touch has agreed to refund US$905,000 of late fees paid by 640,000 Californian consumers and... Read More
New Devialet Custom Speakers To Take On Bose & Sonos
Custom installers are being offered a deal that could see them dumping integrated Bose and 16bit speakers for an all new 24bit... Read More
Virus Panic Tipped To Hit Economy
SYDNEY: Accounting outfit KPMG has tipped the coronavirus to result in an 0.9 percent hit to the Australian economy in 2020, with... Read More
ATO Plans To Offer Relief To Businesses Hit By Coronavirus
SYDNEY: Along with the Morrison Government’s stimulus package, set up in a bid to head off a recession brought on by the... Read More
New Hours, New Rules: Coles, Woolies Sort Customer Problems
SYDNEY: The dreaded coronavirus has been hitting a peak for just a few days, but the two icons of the Aussie grocery... Read More
Online Demand Bright Spot For Coronavirus-Hit Game Industry
Online video game services have seen massive traffic from people self-isolating due to COVID-19; however, the games industry is also experiencing a... Read More
Wearable Device Shipments Soar
SAN FRANCISCO: The global market for wearable devices grew 82.3 percent in Q4 2019, reaching a new high of 118.9 million devices... Read More
Back In The Black: Amazon Oz
CANBERRA: Amazon Web Services Australia is back in the blue, reporting an $8.6 million profit for the year ended December 31, 2019.... Read More
Kogan Marks 14th Birthday With High Volumes, Home Offices
Staff at Kogan’s Melbourne HQ are celebrating the company’s 14th anniversary at home due to COVID-19. Kogan is experiencing high volumes of... Read More
With Traffic Tipped To Rise By 40%, NBN Pushes To ‘Augment The Network As Quickly As Possible’
In response to more Australians working, studying, shopping and streaming from home due to the looming COVID-19 crisis, NBN Co has said... Read More
ASX’s Worst Day Ever: $160bn Lost Amid Heavy Trade
SYDNEY: The Australian Stock Exchange yesterday had another horror day, losing around $160 billion and falling almost 10 percent yesterday in one... Read More
OZ Post & Star Track Cut Back Deliveries Claim Distributors
Distributors have reportedly been advised of cutbacks at Australia Post and Star Track, which could impact deliveries at a time when more... Read More
Leading CE Distributor Fined A$115M, Apple Hit A$1.8 Billion
Leading IT distributor Ingram Micro has found themselves front and centre of a fight that has seen Apple fined A$1.8 Billion by... Read More
Coronavirus Spurs App Demand
SAN FRANCISCO: Global downloads of business apps including Tencent Conference, WeChat Work, Zoom, Microsoft Teams and Slack have risen nearly five-fold since... Read More
Bill Gates Exits Microsoft Board
SEATTLE: Microsoft co-founder Bill Gates has stepped down from the company’s board to dedicate more time to his philanthropic priorities, including global... Read More
Coles And Woolworths Introduce Dedicated Shopping Times For The Elderly and Disabled
Starting from tomorrow Woolworths will be exclusively opening their doors to the elderly and people with disabilities an hour early so these... Read More
Morrison Offers $17.6bn Injection
CANBERRA: Prime Minister Scott Morrison has outlined a $17.6 billion stimulus package, aimed at heading off full-blown recession, partly brought on by... Read More