Are Australian building unions to blame for the current National Broadband Network (NBN) construction debacle, and is Communications Minister Stephen Conroy, now caught between supporting his party and the unions vs. the best interests of all Australians?
In an effort to unseat Optus, Vodafone is set to spend up to $30 million during the next 12 months with the Company today confirming that they have axed One Barrack St in favour of Clemenger BBDO as their new advertising agency.
Woolworths and JB Hi Fi management have met to discuss the possibility of the mass supermarket retailer buying JB Hi Fi. ChannelNews has been told that Woolworths has appointed an external investment team to evaluate the possibility of acquiring the consumer electronics retailers who this week is set to report their latest profit results.
Elly Valas a leading US retail consultant and the co-author of Guerrilla Retailing has warned Australia retailers that despite an economic downturn they must not become complacent and if anything they should increase their level of service and "spend more on marketing".
While petrol is going up consumer electronic prices are crashing with leading investment bank Citi Group claiming that the consumer electronic market is set to be impacted by continued price deflation and that the average selling price for CE goods has crashed up to 25%
Hotels are installing thousands of display screen and in room automation systems in an effort to improve guest comforts lower operating costs and beat the phasing out of traditional CRT analogue TVs. Among the industries benefitting are the display industry and Companies like Control4.
With Australians set to be bombarded by broadband video streams to both PC's and mobile phones a recent research study has revealed that a great majority of digital video consumers will find the inclusion of advertising a "reasonable" expectation for accessing free online video content.
LG Electronics, who claim that they are the #1 consumer electronics brand in Australia, have reported higher quarterly sales and profits due to strong mobile phone and flat-panel TV sales. In their latest report sales have jumped 22.1 percent to $12.534 billion and operating profit was $843 million, which results in a 6.7 percent profit margin for its fiscal second quarter, ended June 30.