Copyright © 2008 4 Square Media http://www.channelnews.com.au/News/Business_News Mon, 1 Dec 2008 11:38:00 GMT Business News on www.channelnews.com.au newsfeed.sichbo.ca http://www.channelnews.com.au/News/Business_News/R5A7R2J8 EXCLUSIVE: The Australian consumer electronics market is starting to wobble according to the latest GFK Australia data which shows that the overall market has declined 1.7% in October. With the November figures not yet out some vendors are concerned about the accuracy of the latest GFK report. Mon, 01 Dec 2008 11:38:00 GMT http://www.channelnews.com.au/News/Business_News/R5A7R2J8 David Richards http://news.smarthouse.com.au/images/shared/20081202103925f9398.jpg http://www.channelnews.com.au/News/Business_News/J7N2T5A9 Consumer electronics, IT and Hi Fi vendors are set to get hit hard by the falling Australian dollar. Yesterday Sony announced price increases by up to 30% with both Samsung, LG and Panasonic saying that they will have no price increases untill the new year when it expected that they will lift prices by up to 15%. Mon, 01 Dec 2008 09:33:00 GMT http://www.channelnews.com.au/News/Business_News/J7N2T5A9 AAP & David Richards http://news.smarthouse.com.au/images/shared/20081202083533c2149.bmp http://www.channelnews.com.au/News/Business_News/N7R6V7K4 Panasonic a leader in the plasma TV market and a Company that was seen as one of the most stable of the Japanese consumer electronics Companies has hit a brick wall reporting a 90% dive in net profits. The result is a bad sign for other Japanese CE manufacturers. Sun, 30 Nov 2008 09:07:00 GMT http://www.channelnews.com.au/News/Business_News/N7R6V7K4 David Richards and Wire Services http://news.smarthouse.com.au/images/shared/2008120108085468820.jpg http://www.channelnews.com.au/News/Business_News/T3T8N6L7 The fate of Melbourne based retailer Clive Peeters appears to be doomed with major investors dumping the stock during the past week. Among those to have bailed include Westpac, BT Funds Management and Kap Investments. Fri, 28 Nov 2008 01:42:00 GMT http://www.channelnews.com.au/News/Business_News/T3T8N6L7 David Richards http://news.smarthouse.com.au/images/shared/20081128124330387b9.gif http://www.channelnews.com.au/News/Business_News/K9F4P4V7 Telstra will blow off the opposition to win the National Broadband Network dollars, following its wily non-compliant bid in the Rudd Government's RFP process, a telecommunications commentator has predicted. Fri, 28 Nov 2008 12:25:00 GMT http://www.channelnews.com.au/News/Business_News/K9F4P4V7 David Richards http://news.smarthouse.com.au/images/shared/200811281130500a8fe.jpg http://www.channelnews.com.au/News/Business_News/M7U4S3X3 Consumer electronic vendors are battling a big new marketing issue due to the economic downturn with “staying in replacing the old going out” however consumers are becoming conscious about taking on finance says a leading CE retail marketing director who also says that the Boxing Day sales are set to be big. Thu, 27 Nov 2008 01:13:00 GMT http://www.channelnews.com.au/News/Business_News/M7U4S3X3 David Richards http://news.smarthouse.com.au/images/shared/2008112712172924888.jpg http://www.channelnews.com.au/News/Business_News/B3R7C4W2 Woolworths is close to making an offer to buy consumer technology retailer JB Hi Fi. Executives at Investment Bank JP Morgan have also been consulted on a possible new bid and are now working on a tangible offer say Company insiders. Tue, 25 Nov 2008 10:53:00 GMT http://www.channelnews.com.au/News/Business_News/B3R7C4W2 David Richards http://news.smarthouse.com.au/images/shared/200811250958275ed86.jpg http://www.channelnews.com.au/News/Business_News/J4T4K8K9 Up martket department store David Jones who are currently expanding their consumer technology offerings is set to boost annual sales by 10% with the opening of three new stores by 2012. Tue, 25 Nov 2008 05:36:00 GMT http://www.channelnews.com.au/News/Business_News/J4T4K8K9 David Richards http://news.smarthouse.com.au/images/shared/20081125043837f103b.jpg http://www.channelnews.com.au/News/Business_News/L2C7B9S3 In a move that would have ACCC Chairman, Graeme Samuel calling in the hit squad Sony who tend to sell at the premium end of the market has called for price fixing claiming it eliminates competition among retailers and is a great benefit for consumers. Sun, 23 Nov 2008 04:11:00 GMT http://www.channelnews.com.au/News/Business_News/L2C7B9S3 David Richards http://news.smarthouse.com.au/images/shared/2008112303130106e9c.jpg http://www.channelnews.com.au/News/Business_News/U2T7X2E8 Shares in Clive Peeters climbed 18.5% today after the Company announced new online initiatives, new store openings and expanded marketing activities. Thu, 20 Nov 2008 07:00:00 GMT http://www.channelnews.com.au/News/Business_News/U2T7X2E8 David Richards http://news.smarthouse.com.au/images/shared/20081120060059a6cea.gif