New Streaming Service To Be Billion-dollar Flop?
A new streaming service called ‘Quibi’ has commentators predicting a multi-billion dollar flop, despite the paid-for TV app for mobile attracting a... Read More
Wesfarmers Tipped To Lament $3.6B Target Hole
Wesfarmers-owned department store, Target Australia, is tipped to have accrued total write-downs, impairments and goodwill relocation of $3.65 billion since 2012 according... Read More
Aussie Research Team Demos World’s Fastest Optical Chip
MELBOURNE: A team of researchers from Monash, Swinburne and RMIT universities claims to have achieved the world’s fastest communication speed from a... Read More
Amazon To Build A Second Solar Farm Down Under
SYDNEY: Amazon has revealed plans to build a 105-megawatt solar energy farm in Australia – its second such project Down Under. (The... Read More
Landmark Casual Worker Win Exposes Retailers To Backpay
Local businesses and retailers are set to see a lift in personnel costs, following new court rules which provide casual workers with... Read More
Oz New Job Ads Surge 26% in May
Popular online job board, SEEK, has reported a notable 26.8% on-month jump in new jobs listed during the month of May, suggesting... Read More
David Jones Grapple Lease Contracts & Big Debt
Iconic premium department store, David Jones, is reportedly working with KordaMentha as it grapples with landlords to manage debts of at least... Read More
SoundBay Hunts For Investment & Growth Partner
The country’s largest DJ & Music production equipment retailer, SoundBay, is reportedly seeking a strategic investor to pursue growth – first round... Read More
Woolies Eyes Check-Out Free, Contactless Buying
Australian supermarket giant, Woolworths, is reportedly preparing for an overhaul of its in-store operations, with checkout-free buying and digital assistants set to... Read More
PM: “Very Tough Day”, 594K Jobs Lost April
Prime Minister Scott Morrison has said it’s a “very tough day” after latest Bureau of Statistics numbers revealed 594,300 jobs were lost... Read More