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Hail Didi! Chinese Open Bid To Overtake Uber Down Under

Computer Daily News June 18, 2018 No Comments

Watch out Uber Australia: China’s Didi Chuzing is looking to grab a significant percentage of the Australian ride-sharing market now dominated by Uber. Didi has reportedly already conducted initial testing…

Optus Faces World Cup Broadcast Backlash

Roma Christian June 18, 2018 No Comments

UPDATE – After speaking with Optus Chief, Allen Lew, Australian Prime Minister Malcolm Turnbull has advised World Cup viewers, streaming problems will be fixed this evening. The news follows multiple…

EXCLUSIVE “Horrendous” Harvey Norman Franchisee Contracts Revealed Following ASIC Investigation

David Richards June 17, 2018 No Comments

New Harvey Norman retail supply contracts issued via a subsidiary, following last years, Australian Securities and Investment Commission investigation into the retailers franchisee operations, have been described as “horrendous” and…

Telstra Set To Deliver 4G Speeds Up To 2Gbps

Athina Mallis June 15, 2018 No Comments

Telstra is ramping up its 4G network with the telco planning to deliver 2Gbps speeds in ‘high-demand’ areas. Right now, the telco offers gigabit speeds to five CBD locations across…

Domain Name Corp Fined $1.9M For Illegal Renewal Notices

Roma Christian June 15, 2018 No Comments

The Federal Court has today penalised Domain Name Corp Pty Ltd and Domain Name Agency Pty Ltd nearly two million dollars combined, affirming the companies breached the ACL by sending…

Kogan & Shafer Confirm $42 Million Pay Day

Roma Christian June 15, 2018 No Comments

Disclosed in an ASX statement today, Kogan.com directors, Ruslan Kogan and David Shafer, have confirmed the sale of 6 million shares for $42 million. The deal pockets Kogan $31.2 million and…

Oz Businesses Rake In $394 Billion In Online Income

Roma Christian June 15, 2018 No Comments

The ABS’ latest numbers reveal local businesses collected a combined $394.3 billion in ‘internet income’ for the year ending June 30th 2017 – up $72.9 billion, from $321.4 billion the…

TEAC Still A ‘Basket Case’ In Australia

David Richards June 15, 2018 No Comments

Melbourne based, TTA Holdings whose core business is the distribution of TEAC branded products in Australia has reported another loss as sales slump another $2M. Sales revenue for the year…

Godfreys Posts 4th Profit Warning, Sales Down 14%

Roma Christian June 14, 2018 No Comments

Specialist vacuum cleaner retailer, Godfreys, has post its fourth profit warning for the year, with full-year earnings guidance forecast to be between zero and $1.5 million – a notable drop…

Deloitte Forecasts 2.6% Retail Growth Next Financial Year

Roma Christian June 14, 2018 No Comments

Deloitte analysts have forecast a modest lift in retail turnover next financial year – climbing from 2.4% growth in 2017-18, to 2.6% in 2018-19. The news is likely to provide…