IDC Forecasts Better Growth For Global AI Market In 2021
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March 2, 2021
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Worldwide revenues for the artificial intelligence (AI) market, including software, hardware, and services, are forecast to grow 16.4 percent year-over-year in 2021... Read More
Oz Buy Now Pay Later Sector Implements World First Industry Standards
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March 1, 2021
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Australia’s finance sector has become the first in the world to impose a code of practice on the booming buy now, pay... Read More
Slow Moving Sees Dodgy Getaway
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March 1, 2021
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What appears to be slow-moving by the Australian Communications and Media Authority (ACMA) may have seen a telco services provider get away... Read More
Global Governments Tipped To Boost IT Spend, Datacentres
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March 1, 2021
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SAN FRANCISCO: Worldwide government IT spending is forecast to total US$483 billion in 2021, an increase of 5.1 percent from 2020, according... Read More
Labor MP Blasts Harvey Norman For Taking Millions In JobKeeper After ‘Stonking’ Profits
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February 26, 2021
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Labor minister Andrew Leigh has taken electronics retailer Harvey Norman to task after the company raked in $644 million in profits for... Read More
Oz Should Have Own Satellites
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February 25, 2021
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CANBERRA: The CSIRO has told the Standing Committee of Industry, Innovation, Science and Resources, as part of its inquiry into developing Australia’s... Read More
Bunnings Gets Green Light For $48m NSW Megastore
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February 24, 2021
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Bunnings is set to open a mammoth new $48 million five-storey retail outlet in Sydney’s Northern Beaches after getting the nod from... Read More
Westfield Earnings Plunge By 42.5% After Pandemic Rent Losses
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February 24, 2021
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Shopping centre giant Scentre, which operates Westfield malls, posted a devastating earnings plunge of 42.5 per cent to $766.1 million after COVID-19... Read More
Big W Soars As Sales Pass $2.5 Billion
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February 24, 2021
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Big W has surged in the six months to January 2021, with EBIT more than doubling year-on-year. The retailer pulled in $2.58... Read More
Retail Sales Enjoy Biggest January Growth Since 2015
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February 19, 2021
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Australian consumers spent a staggering $30.5 billion in retail sales during the month of January – the strongest result for the month... Read More
Shaver Shop Profit Soars By 86pc To $14.2m, Online Sales Double
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February 19, 2021
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Australian personal grooming retailer Shaver Shop Group announced its half-year financial results, with profit skyrocketing by 85.5 per cent to $14.2 million.... Read More
LIFX Smart Home Product Recalled
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February 18, 2021
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A product recall has been issued for an LIFX smart switch, which is sold at JB Hi-Fi, due to fire risk. The... Read More
Expensive Wellness Brand Therabody Picked Up By CE Retailers
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February 18, 2021
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Leading tech wellness brand Therabody, which sells Theragun massage devices from retailers such as JB Hi-Fi, Harvey Norman and Bing Lee, has... Read More
Target Finally Gets Traction But Still Behind Kmart
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February 18, 2021
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Kmart and Target have posted increased revenue and profits in the second half of 2020, with Target sales going up even as... Read More
Officeworks Sales Up 23%, New Push Into Education Market
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February 18, 2021
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Australia’s leading office supply and B2b retailer Officeworks has delivered sales growth of 23% as consumers move to working from home and... Read More
Catch Reels In Big Bucks For Wesfarmers
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February 18, 2021
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Wesfarmers-owned online retailer Catch has surged over the six months to December 31, more than doubling its revenue year over year and... Read More
$22.7 Million: ATO Hands Down Record Fine For Tax Rort
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February 17, 2021
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SYDNEY: A former tax agent has copped a massive penalty for scamming clients into claiming oversized tax offsets using a research and... Read More
Defence Renews Storage Deal With Chinese Outfit
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February 17, 2021
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CANBERRA: The Australian Defence Department has flown under the radar in extending a contract with a Chinese-owned company to continue storing data... Read More
IoT Developer Raises $21 Million
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February 17, 2021
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BRISBANE: Australian Internet of Things (IoT) software developer Canopy Tools has raised $21 million ahead of a planned float in 2022. The... Read More
Harvey Norman Now Stocking Entry-Level Oppo Smartphones
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February 16, 2021
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Chinese smartphone marker Oppo is now being flogged in Harvey Norman, less than a year after the retailer dumped the top-end Oppo... Read More
JB Hi-Fi Boss Warns TV Stock Shortages Aren’t Going Away
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February 16, 2021
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JB Hi-Fi boss Richard Murray has warned TVs and other electronics will suffer indefinite stock shortages in Australia as unprecedented demand and... Read More
Amazon, Bunnings, Tech Retailers Triumph In Online Traffic
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February 15, 2021
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Amazon and Bunnings Warehouse have topped the list for online Aussie retail traffic in Q4 of 2020, with Amazon website visits up... Read More
JB Hi-Fi Sales Up 23.7%, Online Doubles, 82% Div Increase
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February 15, 2021
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Consumer electronics group JB Hi-Fi is continuing to ride the pandemic wave, with sales jumping by 23.7 per cent to a total... Read More
Westfield Bails Out Of US After COVID Catastrophe
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February 11, 2021
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Former Australian retail giant Westfield is set to pull the plug on its US operations, a little over three years after it... Read More
JB Hi-Fi, Amazon AU Now Selling Audio Gear From Thronmax
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February 11, 2021
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European audio firm Thronmax has launched in the Australian and New Zealand market, with its professional recording gear sold in JB Hi-Fi... Read More
Vita Group Shares Tank As Telstra Gives It The Flick
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February 11, 2021
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Vita Group shares plummeted by more than 20 per cent as the ASX opened today, following Telstra’s move to regain control of... Read More
Macquarie Sniffs At Possible $3.4 Billion Aussie Vocus Takeover
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February 9, 2021
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SYDNEY: Sydney-based telecommunications provider Vocus, which has been languishing in the Aussie stockmarket, has received a non-binding offer from Macquarie Infrastructure and... Read More
Surprise: Vic Drives Retail Recovery
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February 8, 2021
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CANBERRA: Retail sales volumes across Australia rose 2.5 percent in the December 2020 quarter, seasonally adjusted, according to the latest figures from... Read More
Coronavirus Vaccine Certificates To Be Carried On Smartphones
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February 8, 2021
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CANBERRA: Australians will carry ‘proof of vaccination’ certificates with them on their smartphone or as hard copies under plans being finalised by... Read More
IT Channel Driving Huge Growth In Global Cloud: New Report
SINGAPORE: The IT channel is playing an increasingly important role in driving the growth of the cloud industry around the world, according... Read More
Small-Big Operators Increasingly Complaining About Online Services
MELBOURNE: Complaints from Australia’s small business sector about telecoms services – especially those delivered online – are on the increase, according to... Read More
David Jones Unites Physical, Online Stores Under One Exec
Struggling luxury department store David Jones is putting a single executive in charge of both its physical and online stores, in the... Read More
Solar Panels Blamed For 500pc Increase In Rooftop Fires
SYDNEY: Solar panels designed to keep firefighters safe from electric shock may actually be putting them at risk, according to a new... Read More
Okta Report Highlights Apps Driving The Digital Economy
SYDNEY: Enterprise identity company Okta has announced findings of its latest survey highlighting how technology has played a critical role in 2020... Read More
Chip Sales Rise Due To Pandemic-Fuelled Rush
SAN FRANCISCO: Global semiconductor sales rose 6.5 percent overall in 2020 due to a recovery during the last three months of the... Read More
Harvey Norman Gives Away $1m In Free Zoo Excursions
Harvey Norman is funding free visits to Sydney Zoo for every Year 2 public school student in NSW in a partnership worth... Read More
NAB Snaps Up 86 400 For $220m
SYDNEY: National Australia Bank (NAB) has agreed to buy out mobile digital bank 86 400 for approximately AU$220 million, and roll it... Read More
Aust Trading Apps, Super Funds Hit In GameStop Fustercluck
SYDNEY/NEW YORK/SAN FRANCISCO: The GameStop Fustercluck is essentially a finance story, but it is the technology fuelling what has been called a... Read More
Household Appliance Prices Soar In Oz After Pandemic Stock Shortage
The price of household appliances in Australia climbed significantly in the last six months due to pandemic stock issues, a new report... Read More
Oz Retail Surged Over Christmas Despite COVID
Australian retail sales defied the pandemic over Christmas, increasing almost 10 per cent year-on-year over the previous December. While turnover fell 4.2... Read More
Worldwide IT Spending To Grow 6.2pc In 2021
SYDNEY/SAN FRANCISCO: IT spending in Australia is forecast to grow four percent to reach almost A$98 billion in 2021, after a 1... Read More
Amazon Offers Biden Admin Help With COVID Vax Distribution
Amazon has offered help to US President Joe Biden in distributing the COVID-19 vaccines, as the new administration pushes to vaccinate 100... Read More
Afterpay Shares Hit Record High, Good Sign For Online Retail
In a potential positive sign for the retail industry, Afterpay shares have surged to a new all-time high after rising steadily over... Read More
Kogan Coughs Up $310k Spam Fine
Online retailer Kogan.com has paid a $310,800 fine for breaching the Spam Act, just a month after being slapped with a $350,000... Read More
PC Sales Top 91 Million In Last 2020 Quarter
PC sales continued to surge in the last quarter of 2020, with global shipments of desktops, notebooks, and workstations hitting 91.6 million... Read More
Cogworks Nabs StormAudio Distribution, Gives Up Trinnov
Queensland distributor Cogworks has picked up exclusive distribution of StormAudio AV processors and power amplifiers, while dropping distribution of the Trinnov brand.... Read More
Aussie Retail Industry Back On Track As JB Hi-Fi Shares Hits Record High
A surprisingly positive sales update from the owner of one of Australia’s biggest retail groups is a powerful indication the industry is... Read More
Dropbox Slashes 315 Staff, COO Heads For The Door
Cloud storage service Dropbox is slashing its global workforce by 11 per cent as its COO steps down from her role after... Read More
Consumers Looking To Spend More Despite COVID
The COVID-19 pandemic is still weighing on Australian consumers’ minds and the economy – but in good news for retailers, more consumers... Read More
Xbox Series S Consoles In Stock At JB Hi-Fi
JB Hi-Fi has stock available for the Xbox Series S console, which has been difficult to find ever since its launch last... Read More
