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ACCC Head Calls For Global Collaboration On Tech Mergers

ACCC Head Calls For Global Collaboration On Tech Mergers

Nathan Jolly May 4, 2022 No Comments

The various competition watchdogs around the world need to collaborate across different jurisdiction as more complex, global mergers arise, according to ACCC Chair Gina Cass-Gottlieb. Cass-Gottlieb delivered the keynote at…

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JB Hi-Fi Continues Sales Growth, No FY22 Earnings Guidance

JB Hi-Fi Continues Sales Growth, No FY22 Earnings Guidance

Nathan Jolly May 4, 2022 No Comments

JB Hi-Fi saw sales grow over the first three months of the year, as its predicted “heightened customer demand” came to fruition. For the March quarter, JB Hi-Fi’s Australian business…

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Wesfarmers CEO Sees Inflation As An Opportunity

Nathan Jolly May 4, 2022 No Comments

Wesfarmers boss Rob Scott says that Australian consumers are in “relatively good shape” and that current inflationary pressures are an opportunity for his retailers. Speaking at the Macquarie Australia Conference…

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Labor Slams Cash Rate Rise: “Harder For Millions Of Australians”

Labor Slams Cash Rate Rise: “Harder For Millions Of Australians”

Nathan Jolly May 3, 2022 No Comments

Labor has issued what suspiciously seems like a pre-prepared statement following the RBA’s cash rate rise. “It was hard enough to make ends meet under Scott Morrison and today it…

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Activision CEO Kotick Set For Half-Billion Microsoft Pay Day

Activision CEO Kotick Set For Half-Billion Microsoft Pay Day

Nathan Jolly May 3, 2022 No Comments

Bobby Kotick, the controversial CEO of Activision Blizzard, could leave the company with as much as US$520 million in his pocket, after Microsoft completes its US$69 billion of the gaming…

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Nokia, Samsung, Optus Make World-First 5G Breakthrough

Nokia, Samsung, Optus Make World-First 5G Breakthrough

Nathan Jolly May 3, 2022 No Comments

Nokia, Optus and Samsung Electronics Australia today announced that they have achieved a world first. The three companies achieved a data session using 3 Components (3CC) Carrier Aggregation technology over…

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Aussie Broadband Shares Rebound After Horror Day

Aussie Broadband Shares Rebound After Horror Day

Nathan Jolly May 3, 2022 No Comments

Shares in telco Aussie Broadband have partially rebounded this morning, clawing back 11.5 per cent by 10:10am, to sit at $4.46. The company still has a way to go to…

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Apple Makes “Insufficient” Billing Changes, Cops More Fines

Apple Makes “Insufficient” Billing Changes, Cops More Fines

Nathan Jolly May 3, 2022 No Comments

Apple continues to rack up fines regarding the payment services for dating apps within its ecosystem. The Authority for Consumers & Markets in the Netherlands has been fining Apple 5…

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Big W Sales Decline Due To Slow Foot Traffic

Big W Sales Decline Due To Slow Foot Traffic

Nathan Jolly May 3, 2022 No Comments

Big W’s sales has dropped in the first quarter of the year, with the retailer blaming “lower customer mobility” during January. Total sales for the quarter were $989 million, down…

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Breville Confirms Guidance, Celebrates Five-Year Rise

Breville Confirms Guidance, Celebrates Five-Year Rise

Nathan Jolly May 3, 2022 No Comments

Aussie kitchen giant Breville has confirmed it is on track to deliver full year earnings before interest and tax of about A$156 million. The company also celebrated a number of…

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