Industry – Page 174 – channelnews

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Oz Household Wealth Drops $9982

Computer Daily News June 26, 2020 No Comments

SYDNEY: Average household wealth dropped 2.3pc – or $9982– to $428,585 per person, the largest decrease since the September quarter 2011 and largely due to the coronavirus, according to new…

ACCC Warns On Transaction Fees

Computer Daily News June 26, 2020 No Comments

SYDNEY: Consumers should be aware of the potential for unexpected international transaction fees when buying online from some major brands, the Australian Competition and Consumer Commission has warned. It says…

Retailers Call For Flexible Rent Structure That Can Go Up Or Down

Elise Reid June 26, 2020 No Comments

At The Australian Financial Review Virtual Retail Summit that was held yesterday, multiple sector stakeholders put their support behind a more flexible rental structure that would enable retailers to pay…

Australian Consumers Turning Off Chinese Brands As Backlash Kicks In

David Richards June 26, 2020 No Comments

The “tide is turning” against Chinese brands as consumers in Australia and around the world move to stop buying smartphones, TV’s appliances and security cameras made by Chinese Companies. The…

‘Emeals’: Turning Your E-Waste Into Free Meals For People In Need

Elise Reid June 26, 2020 No Comments

JB HI-FI and The Good Guys have become the first retailers to support ‘emeals’, an initiative run by Ecoativ and PonyUp for Good that is taking consumers’ preloved electronics and…

33% Of Supply Chain Leaders Have Moved Out Of China Or Plan To

Elise Reid June 26, 2020 No Comments

A Gartner survey of 260 global supply chain leaders, conducted in February and March, revealed that 33% had moved their sourcing and manufacturing activities out of China, or had plans…

Cogworks Moves To New Showroom To Keep Up With Demand

Elise Reid June 26, 2020 No Comments

Due to increasing dealer support and an expansion of its products and services, Cogworks has confirmed that they will be moving their warehouse to much larger premises in July. “This…

Job Vacancies Fall By A Record 43%

Elise Reid June 25, 2020 No Comments

According to the Australian Bureau of Statistics (ABS), the number of job vacancies in the country fell by 43% in the May quarter, marking the largest drop on record. Job…

Australian Smartphone Market Expected To Fall 12.3% In 2020

Elise Reid June 25, 2020 No Comments

Market research firm International Data Corporation has estimated that Australia’s smartphone shipments will fall by 12.3% in 2020, due to a range of factors related to COVID-19. “Issues in the…

Oz Consumers Hit By Hidden International Transaction Fees

Elise Reid June 25, 2020 No Comments

The ACCC is encouraging consumers to be on the look out for unexpected international transaction fees when buying goods online, as even sites with ‘.com.au’ domains can still charge such…