Industry – Page 103 – channelnews

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Oz Buy Now Pay Later Sector Implements World First Industry Standards

Jake Nelson March 1, 2021 No Comments

Australia’s finance sector has become the first in the world to impose a code of practice on the booming buy now, pay later (BNPL) industry. From today, BNPL providers such…

Slow Moving Sees Dodgy Getaway

Computer Daily News March 1, 2021 No Comments

What appears to be slow-moving by the Australian Communications and Media Authority (ACMA) may have seen a telco services provider get away with what appear to be some distinctly dodgy…

Global Governments Tipped To Boost IT Spend, Datacentres

Computer Daily News March 1, 2021 No Comments

SAN FRANCISCO: Worldwide government IT spending is forecast to total US$483 billion in 2021, an increase of 5.1 percent from 2020, according to the latest forecast from Gartner, with remote…

Labor MP Blasts Harvey Norman For Taking Millions In JobKeeper After ‘Stonking’ Profits

April Glover February 26, 2021 No Comments

Labor minister Andrew Leigh has taken electronics retailer Harvey Norman to task after the company raked in $644 million in profits for the half-year – despite taking millions in JobKeeper…

Oz Should Have Own Satellites

Computer Daily News February 25, 2021 No Comments

CANBERRA: The CSIRO has told the Standing Committee of Industry, Innovation, Science and Resources, as part of its inquiry into developing Australia’s space industry that Australia should have its own…

Bunnings Gets Green Light For $48m NSW Megastore

Jake Nelson February 24, 2021 No Comments

Bunnings is set to open a mammoth new $48 million five-storey retail outlet in Sydney’s Northern Beaches after getting the nod from NSW planning authorities. Set to span 20,000 square…

Westfield Earnings Plunge By 42.5% After Pandemic Rent Losses

April Glover February 24, 2021 No Comments

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 ravaged its rental income. The decline in rent…

Big W Soars As Sales Pass $2.5 Billion

Jake Nelson February 24, 2021 No Comments

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 billion in sales over the half, up 20.1…

Retail Sales Enjoy Biggest January Growth Since 2015

April Glover February 19, 2021 No Comments

Australian consumers spent a staggering $30.5 billion in retail sales during the month of January – the strongest result for the month in six years. Numbers from the Australian Bureau…

Shaver Shop Profit Soars By 86pc To $14.2m, Online Sales Double

April Glover February 19, 2021 No Comments

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. The specialty shop enjoyed a revenue spike of…