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Allegro Removes JobKeeper Subsidies From Profit Numbers Ahead Of $400M Float

Nathan Jolly May 12, 2021 No Comments

Allegro Funds are planning a proposed $400 million float of Best & Less in the near future, but the removal of $42.6 million in JobKeeper subsidies from profit numbers sent…

The Federal Budget Includes Tax Offsets For Video Game Developers

Nathan Jolly May 12, 2021 No Comments

The Federal Budget includes a refundable tax offset for developers of video games. The offset is available for businesses that spent a minimum of half a million dollars to qualify,…

Wesfarmers Chief Executive Applauds The Budget

Nathan Jolly May 12, 2021 No Comments

Wesfarmers chief executive Rob Scott has welcomed the Federal Budget, highlighting the support for small-to-medium business investment, saying it “recognises the central role of business” in the country’s future prosperity.…

CSA Launches New Global Standard For Better Smart Home Connectivity

Nathan Jolly May 12, 2021 No Comments

CSA, formerly known as the Zigbee Alliance, have announced a new global smart home standard named Matter, described as “the interoperable, secure connectivity standard for the future of the smart…

Cloud Stocks Plunge

Computer Daily News May 12, 2021 No Comments

Cloud stocks are being hammered as investors rotate their money out of tech stocks into financials, commodities and industrials. The Dow Jones Industrial is trading just below a record, but a…

You Can’t Please Everyone: IT Initiatives Draw Mixed Reax

Computer Daily News May 12, 2021 No Comments

Budget reaction from the IT and communication sector was generally positive, particularly the initiatives aimed at small business. But independent industry commentator Paul Budde, said it has been the coronavirus…

Bose Gets Into Consumer Hearing Aids

Nathan Jolly May 12, 2021 No Comments

Bose has announced its SoundControl Hearing Aids, which are the first FDA-cleared, direct-to-consumer hearing aids; the move comes as Sennheiser is sold to a Swiss hearing company. This is a…

Patent Box To Drive Innovation

Computer Daily News May 12, 2021 No Comments

A jack-in-the-box set by Treasurer Josh Frydenberg has surprised many in the R&D industry, with the Government offering a patent box. Targeting last stage of the innovation lifecycle, namely commercialisation…

Budget: Plan To Up-Skill Oz Via Artificial Intelligence

Computer Daily News May 12, 2021 No Comments

Unlike budgets of bygone days, there is plenty in last night’s announcements from the Treasurer to have Australia’s technology and communications sectors licking their chops. The main part, implementation of…

Electronic Arts Announce Date For EA Play LIVE 2021

Nathan Jolly May 12, 2021 No Comments

Electronic Arts have confirmed that EA Play Live 2021 will be held on July 22, 2021. They haven’t announced any games that will be featured, but considering the below tweet…