PC Market Pumping 20% Growth Tipped Continued strength of the portable PC sector will see worldwide PC shipment growth leap almost 20 percent in 2010, according to a new IDC report. This compares with overall growth of just 3 percent in 2009, the market research firm says.
Spending Rises Consumers Confident Say ABS Spending in Australia has risen 1% which is twice as much as economists estimated according to the Australian Bureau of Statistics.
Retail Obscured By Government Policy Claims Westpac A new Westpac report called What’s in store claims that retail performance and consumer spending is being “badly” obscured by Government policy. They also claim that consumer spending is set to rise from a forecast 0.4% for the quarter to 0.6%, this say Westpac will deliver a bigger 'payback' later in the year.
Retail Confidence Up Despite Sackings 23% of all retailers have sacked staff or closed stores a new research study conducted by the Australian Retailers Association has revealed, yet despite this retailers are optimistic about an economic recovery .
CE & IT Values Are Up But TV Values Are In Decline Say GFK As the going gets tough vendors and retailers are looking to the bottom line as opposed to getting a sale for the sake of a sale says David Ackery the General Manager orf Electrical at Harvey Norman and if the latest research from GfK is anythig to go by some vendors are making big returns with the product tracking Company reporting record growth in several key categories.
Australians Are Better Off And Will Spend Say Citigroup Australians in particular those with families are better off now than they were before the economic downturn claims Citigroup one of the world’s leading investment banks. Mortgages have fallen by 2% Petrol prices are at an average of $1.04 Vs $1.41 twelve months ago and share market dividend yields have risen substantially. This they say has added $75 to the average weekly income.
Dont Blow It GFK Warns CE Retailers The penetration of flat panel TVs in Australian households is increasing at a rapid rate claims GFK, with analysts claiming that the industry could get a big boost running into Xmas from the release of billions of dollars in funding by the Federal Government.
Harvey Norman Sales Slump As Consumers Say We Are In A Recession Harvey Norman sales have declined 3.1% sales for the 28 days ended 23rd November 2008. Revenues are down $32 million according to CEO Gerry Harvey in a report to the Australian stock exchange.
CE Advertisers Move Online Vendors, retailers and distributors of consumer technology are turning to online marketing due to the sheer volume of consumers who search for goods and services online say Price Waterhouse Coopers.
Online To Boom Despite Economic Woes Online news services are set to benefit from the current economic downturn say research group Frost & Sullivan.They also claim that Australia’s total general advertising market revenues to increase 24% year-on-year in 2008, growing from $387 million to $481.4 million.
MasterCard Say Retail Sales To Grow CE Remains Strong Consumer electronics is set to be one of the strongest retail sectors running into Xmas say research Companies GFK and Gartner. At the same time MasterCard has said that retail sales around Australia are predicted to grow 4.5 per cent, compared to the same time last year.
GFK In $4.4B Merger Deal Staff Cuts Coming GFK is set to merge withTaylor Nelson Sofres (TNS) a UK research Company. The deal worth $4.4 billion will save save TNS over $152 million over three years as they plan to cut $500 jobs. It is not known whether any jobs will be cut in Australia.
Social Networking Sites Recommended For Employees Want to hire bright young workers with exceptional talent? It might help if your company allows access to social networking sites like Facebook and MySpace, according to new research by law firm Deacons.
Why You Can Fail Occasionally COMMENT: How many of us remember our failures more than our successes? My own divorce, the time I didn't get a research grant, the last job that I was fired from (come to think of it, there were some other messy situations that I still recall), the I time I rear-ended someone on a slippery freeway. The list goes on and on. You could say that I have had a full life.
Big Names Gather For Comms Solutions 2008 The biggest names in telecommunications, including Alcatel Lucent, Cisco, Mitel and MTV Telecom will gather Wembley Stadium in London on 16 and 17 April 2008 for Comms Solutions 2008 – a trade show to showcase and address some of the key issues impacting the industry’s development today.
ARA Gags Garrett Bag Ban The Australian Retailers Association (ARA) has called the Federal Government’s push to ban plastic bags, lead by Environmentalist Minister, Peter Garrett, an example of “populist politics” that won’t help to save the planet anyway.
