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COVID-19 Retail: JB HI-FI’s Appliances & Tech Sales Skyrocket

Elise Reid May 6, 2020 No Comments

While many retailers are struggling during the COVID-19 lockdown, the JB HI-FI group, which includes The Good Guys, has reported strong sales in Q3 FY20, driven by robust demand for…

Treasurer Grants Virtual AGM Green-Light Amid COVID19

Roma Christian May 6, 2020 No Comments

Treasurer Josh Frydenberg has granted Australian companies the ability to hold annual general meetings (AGMs) online for the next six months, as the economy seeks to get back on its…

Apple Confirms Virtual Worldwide Developers Conference

Elise Reid May 6, 2020 No Comments

Apple has confirmed that it will be hosting its annual Worldwide Developers Conference (WWDC20) virtually this year via the Apple Developer app and the Apple Developer website this year. Further…

ACCC: ‘Mainly Bad, But Some Good From COVID-19’

Elise Reid May 5, 2020 No Comments

In his virtual address to the Australian Chamber of Commerce and Industry, ACCC Chair Rod Sims said that while many challenging circumstances have arisen from the COVID-19 pandemic, there have…

Oz Retail Industry Preps For Quick Return

Roma Christian May 5, 2020 No Comments

The Australian Retailers Association (ARA) says the local industry may return to work as early as next week, however, rental agreements remain a pain point for navigating challenging waters ahead.…

Consumer Confidence Improves Fifth Week In A Row

Elise Reid May 5, 2020 No Comments

The ANZ-Roy Morgan Australian Consumer Confidence index picked up for the fifth consecutive week, rising by 5.3% last week, an improvement on the 1% gain of the week prior. “The…

Aussie E-Sports Operators Face Match-Fixing Charges

Computer Daily News May 5, 2020 No Comments

MELBOURNE: Five organisers of e-sports in Australia have been charged with match-fixing offences which, if proved, carry penalties of up to 10 years in prison. Victoria Police say the five…

Q1 Global Smartphone Demand Lowest On Record

Roma Christian May 5, 2020 No Comments

Global smartphone shipments have reportedly dropped 17% year-on-year in Q1Y20 – the industry’s worst quarterly performance on record according to research firm Strategy Analytics. Shipments for the quarter notched 275…

Afterpay Surges 24pc Following Stake Sale To China’s Tencent

Computer Daily News May 5, 2020 No Comments

SYDNEY: Shares in Melbourne-based Afterpay leapt almost 24 percent on the ASX yesterday, following the weekend announcement that Chinese giant Tencent has acquired a five percent interest in the Australian…

Covid-19 Impact Still To Hit Oz Business: Report

Computer Daily News May 5, 2020 No Comments

CANBERRA: Some 72 percent of Australian busnesses expect reduced cash flow to have an adverse impact on their business over the next two months, according to a new report from…