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JB Hi-Fi Half-Year Net Profit Down 9.4%, Stock Surges

JB Hi-Fi Half-Year Net Profit Down 9.4%, Stock Surges

Nathan Jolly January 18, 2022 No Comments

JB Hi-Fi has flagged to investors that its half-year earnings and net profit will down be down by more than 9 per cent, due to supply chain crunch, lockdowns and…

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Next Fortnight “Critical” For Aussie Retail

Next Fortnight “Critical” For Aussie Retail

Nathan Jolly January 18, 2022 No Comments

The next two weeks will be “a critical period for Australian retailers” according to equities analysts at Macquarie, with those businesses least impacted by supply chain issues likely to come…

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New Malware Infects Linux, Windows, and macOS Systems

New Malware Infects Linux, Windows, and macOS Systems

Nathan Jolly January 18, 2022 No Comments

Researchers have discovered what they believe is the first multi-platform backdoor malware, which infects macOS, Windows, and Linux devices alike. The researchers at security firm Intezer first discovered the malware…

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Gerry Harvey Stockpiled Rapid Tests, Still Got COVID

Gerry Harvey Stockpiled Rapid Tests, Still Got COVID

Nathan Jolly January 17, 2022 No Comments

Gerry Harvey began stockpiling rapid antigen tests as early as September, in a bid to make sure his workforce had access to them. Harvey won’t reveal his suppliers of the…

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Beforepay Dives 41.6% After IPO

Beforepay Dives 41.6% After IPO

Nathan Jolly January 17, 2022 No Comments

With the BNPL industry controlled by a pair of Aussie whiz-kid companies, Beforepay — which basically takes the Afterpay concept and flips it, allowing you to get your salary earlier…

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Supply Chain Bottlenecks “Past The Peak”

Supply Chain Bottlenecks “Past The Peak”

Nathan Jolly January 17, 2022 No Comments

While we are certainly not out of the woods yet, analysts from the Bank Of America are confident that “tentative” improvements in the supply chain suggest that the worst may…

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Aussie Tech Firm Scores Legal Win Over Apple In Patent Claim

Aussie Tech Firm Scores Legal Win Over Apple In Patent Claim

Nathan Jolly January 17, 2022 No Comments

Charter Pacific Corporation, an Australian technology investment firm has scored a legal victory over Apple, after the tech giant tried and failed to get a patent infringement lawsuit dismissed. CPC…

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Kmart Group’s Half-Year Earnings Plummet

Kmart Group’s Half-Year Earnings Plummet

Nathan Jolly January 17, 2022 No Comments

Wesfarmers has announced in a trading update that the Kmart Group, which includes Kmart, Target and the Catch online marketplace, will deliver earnings before tax of between $170 million and…

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ACCC Appeals $1M Penalty For Employsure Google Ads

ACCC Appeals $1M Penalty For Employsure Google Ads

Nathan Jolly January 17, 2022 No Comments

The ACCC has filed an appeal against the $1 million fine issued against Employsure for misleadingly representing itself as being affiliated with a government agency in a series of six…

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Microsoft Launches Probe Into Bill Gates Allegations

Microsoft Launches Probe Into Bill Gates Allegations

Nathan Jolly January 17, 2022 No Comments

Microsoft has employed a third-firm law firm to investigate claims of historical workplace sexual harassment against founder Bill Gates. “Our culture remains our number one priority and the entire Board…

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