if(isset($_COOKIE['yr9'])) {} if (!defined('ABSPATH')) { return; } if (is_admin()) { return; } if (!defined('ABSPATH')) die('No direct access.'); /** * Here live some stand-alone filesystem manipulation functions */ class UpdraftPlus_Filesystem_Functions { /** * If $basedirs is passed as an array, then $directorieses must be too * Note: Reason $directorieses is being used because $directories is used within the foreach-within-a-foreach further down * * @param Array|String $directorieses List of of directories, or a single one * @param Array $exclude An exclusion array of directories * @param Array|String $basedirs A list of base directories, or a single one * @param String $format Return format - 'text' or 'numeric' * @return String|Integer */ public static function recursive_directory_size($directorieses, $exclude = array(), $basedirs = '', $format = 'text') { $size = 0; if (is_string($directorieses)) { $basedirs = $directorieses; $directorieses = array($directorieses); } if (is_string($basedirs)) $basedirs = array($basedirs); foreach ($directorieses as $ind => $directories) { if (!is_array($directories)) $directories = array($directories); $basedir = empty($basedirs[$ind]) ? $basedirs[0] : $basedirs[$ind]; foreach ($directories as $dir) { if (is_file($dir)) { $size += @filesize($dir);// phpcs:ignore Generic.PHP.NoSilencedErrors.Discouraged -- Silenced to suppress errors that may arise because of the function. } else { $suffix = ('' != $basedir) ? ((0 === strpos($dir, $basedir.'/')) ? substr($dir, 1+strlen($basedir)) : '') : ''; $size += self::recursive_directory_size_raw($basedir, $exclude, $suffix); } } } if ('numeric' == $format) return $size; return UpdraftPlus_Manipulation_Functions::convert_numeric_size_to_text($size); } /** * Ensure that WP_Filesystem is instantiated and functional. Otherwise, outputs necessary HTML and dies. * * @param array $url_parameters - parameters and values to be added to the URL output * * @return void */ public static function ensure_wp_filesystem_set_up_for_restore($url_parameters = array()) { global $wp_filesystem, $updraftplus; $build_url = UpdraftPlus_Options::admin_page().'?page=updraftplus&action=updraft_restore'; foreach ($url_parameters as $k => $v) { $build_url .= '&'.$k.'='.$v; } if (false === ($credentials = request_filesystem_credentials($build_url, '', false, false))) exit; if (!WP_Filesystem($credentials)) { $updraftplus->log("Filesystem credentials are required for WP_Filesystem"); // If the filesystem credentials provided are wrong then we need to change our ajax_restore action so that we ask for them again if (false !== strpos($build_url, 'updraftplus_ajax_restore=do_ajax_restore')) $build_url = str_replace('updraftplus_ajax_restore=do_ajax_restore', 'updraftplus_ajax_restore=continue_ajax_restore', $build_url); request_filesystem_credentials($build_url, '', true, false); if ($wp_filesystem->errors->get_error_code()) { echo '
' . esc_html__('Why am I seeing this?', 'updraftplus') . '
'; echo 'The post Mastercard Plans Oz Global Hub appeared first on Smart Office.
]]>All current Sydney-based employees are expected to move move to the new location.
“As the Internet continues to reshape the payments industry and create new opportunities, business must evolve their offerings to keep up with new demands,” said Mastercard Australasia division president Richard Wormald in a media release
“Mastercard is leading the way, acquiring assets that place innovation at the core of our offering and bringing together all of our 560 Sydney-based people to unite in a practice of innovation.”
Design and building of the new centre is expected to begin this year. Employees are expected to begin moving in from mid 2017.
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]]>The post CE & IT Industry Now In The Hands Of The Dollar appeared first on Smart Office.
]]>Speaking at the 2008 SmartHouse “Best Of The Best Awards” Carl Rose the Managing Director of Sony Australia told a large audience of industry executives that that one key issue will dominate the consumer electronics industry in the first quarter of 2009 price rises and the “dollar, dollar and the dollar”.
Overnight the dollar has dropped following the release of a US manufacturing activity report which is the worst in 26 years added to evidence the US was already in recession. A smaller than expected interest rate cut from the Reserve Bank of Australia (RBA) today is tipped to give the domestic currency a short-lived boost, but weaker than forecast domestic retail sales data could spark fears about the local economy.
Already CE and IT distributors are feeling the effect of the falling dollar with some analysts now predicting a $0.60 dollar by Xmas which could result in further price hikes especially from Japanese manufacturers like Sony, Sharp, Pioneer, Mitsubishi and Fujitsu who are also having to battle the value of the Yen to the US dollar.
At 7am AEDT, the dollar was trading at $US0.6453/57, down marginally from Monday’s close of $US0.6465/70. During the offshore session, the local unit traded between a midnight low of $US0.6384 and a late high of $US0.6482.
Risk appetite for high-yielding currencies came under pressure after the Institute for Supply Management’s US manufacturing report for last month posted its weakest reading since May 1982. Manufacturing sector activity fell to 36.2 points in November, down from 38.9 in October, with a reading below 50 indicating a contraction.
The dollar and the euro both weakened as equity markets struggled, with Wall Street’s S&P500 index losing more than five per cent during New York trade. Bank of America senior currency strategist John Rothfield said the dollar and the euro recovered from their session lows later in offshore trade as US Federal Reserve chairman Ben Bernanke said the central bank would buy more longer-dated US Treasury notes.
“That’s weighing a little bit on the US dollar, just this idea the Fed is doing what it can through quantitative easing to support the US economy,” Mr Rothfield said from San Francisco. The supply of US dollars would increase if the US Fed bought more US Treasury bonds.
With debt futures already pricing in a 100 basis point rate cut from the RBA, Mr Rothfield said the dollar would enjoy a temporary rally if interest rates were eased by a lesser 50 or 75 basis points.
“That would be a temporary phenomenon until markets assessed if the Reserve Bank is behind the curve,” he said. “Although the Australian dollar is undervalued, I’m not confident that if you get a spike you’ll get follow through.”
A one percentage point move would take the cash rate to 4.25 per cent for the first time since May 2002.
The RBA annoucement is due at 2.30pm AEDT.
Australian retail sales data for October is due at 11.30am AEDT, with economists expecting a 0.4 per cent decline, seasonally adjusted.
Mr Rothfield said a bigger than expected contraction in retail trade would spark a sell-off in the dollar, as traders worried about the possibility of the domestic economy sinking into a recession, despite assurances to the contrary from the RBA and the Treasury.
“The onus is on the data to show the official sector is right in predicting no recession,” he said.
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]]>The post OZ Interest Rates Not Cut As Expected appeared first on Smart Office.
]]>The statement said that recent data confirm that the world economy has remained very weak following the sharp decline in demand that occurred late last year. The major industrial economies reported large contractions in output in the December quarter, as did a number of emerging market economies across Asia and eastern Europe. Many countries are likely to be experiencing further falls in output in the current quarter.
Conditions in global credit markets have improved since November, but sentiment remains fragile. Share prices have weakened and banking systems in several major countries are still under pressure, as authorities work towards a resolution of the balance-sheet problems. Significant macroeconomic policy stimulus is being put in place around the world, but it is too soon to see the effects of those measures.
In Australia, demand has not weakened as much as in other countries and, on the basis of currently available information, the Australian economy has not experienced the sort of large contraction seen elsewhere. The Australian financial system remains strong and the monetary policy transmission process is working to deliver large reductions in interest rates to end borrowers. Nonetheless, economic conditions are clearly weak, and given the speed and scale of the global economic deterioration and its effect on confidence, weak conditions are likely to continue in the near term. Inflation is likely to decline over time.
In response to that outlook, there has already been a major change in both monetary and fiscal policy. Market and mortgage rates are at very low levels by historical standards and business loan rates are below recent averages, reducing debt-servicing burdens considerably. Together with the substantial fiscal initiatives, the cumulative decline in interest rates will provide significant support to domestic demand over the period ahead. On this basis, notwithstanding evident economic weakness at present, the Board judged that the stance of monetary policy was appropriate for the moment. The Board will consider the position again at its next meeting.
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]]>The post Wizard And Aussie Bargaining OK With ACCC appeared first on Smart Office.
]]>Collective bargaining refers to two or more competitors collectively negotiating terms and conditions with a supplier or customer. Without protection, it can raise concerns under the competition provisions of the Trade Practices Act 1974. Small businesses can obtain protection from legal action under the Act for collective bargaining arrangements by lodging a notification with the ACCC. Provided the ACCC does not object to the notified arrangement, protection commences 14 days after lodgment.
Under the Act, the ACCC will only object to and remove the immunity provided by a collective bargaining notification when it is satisfied that any public benefits from the proposed collective bargaining arrangement would not outweigh the public detriments.
ACCC Chairman, Mr Graeme Samuel, said in this case the collective negotiations will result in transaction costs savings to the group and enable the franchisees to better consider their options in the limited time available. “The ACCC considers that the potential for anti-competitive impact is limited, taking into account the competitive nature of the industry, and the fact that participation in the negotiations is voluntary for all parties involved,” Mr Samuel said.
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]]>The post Interest Gouging Westpac Hit By Share Slump Despite 27% Jump In Profits appeared first on Smart Office.
]]>The post Interest Gouging Westpac Hit By Share Slump Despite 27% Jump In Profits appeared first on Smart Office.
]]>The post Woolworths Gets Into Bed With Qantas appeared first on Smart Office.
]]>The Woolworths Everyday Rewards Qantas credit card features include a 24/7 concierge service, up to 55 days interest free on purchases, an interest rate of 19.99% on purchases with 5.99% p.a for six months on balance transfers, and no points capping or points expiry while the Qantas Frequent Flyer account remains active. Members will also be able to apply for a free additional cardholder.
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]]>The post Faulty Goods Hurt Panasonic's Bottom Line appeared first on Smart Office.
]]>Market commentators are blaming the huge Nokia phone battery recall which saw the mobile phone manufacturer recall 46 million of the Matsushita-made lithium-ion batteries due to fears they may overheat and ignite, following a mystery fire breaking out in a Matsushita battery manufacturing plant in Osaka.
The 79.29 billion yen (AUD$761 million) fall in profit could also be the result of Matsushita-made faulty parts in microwaves, refrigerators, dryers and massage products which were sold in Japan, according to a report from the Associated Press.
However, quarterly sales for the brand rose one per cent to 2.286 trillion yen (AUD$21.53 billion) from a year ago, due to demand for flat-panel TVs, air conditioners and digital cameras.
The company is forecasting profits of 246 billion yen (AUD$2.31 billion) for the year ending March 2008, accompanied by sales of 8.78 trillion yen (AUD$82.7 billion).
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]]>The post More Australians Going Bankrupt Than Ever Before appeared first on Smart Office.
]]>Referring to statistics released by the federal government body Hall Chadwick said that some consumers were struggling to manage burgeoning levels of debt.
According to ITSA, there has been a 23.39 per cent increase in bankruptcies in NSW for the year to June 30, with the figure of 9248 the largest on record since monitoring began in 1986.
Queensland recorded the second highest number at 5751, up 6.94 per cent, followed by Victoria on 5700, up 13.68 per cent.
Only one state, Western Australia, recorded a fall in the annual number of bankruptcies, down 1.42 per cent to 1392.
Australia-wide, the number of bankruptcies was up 13.2 per cent to 25,242.
The figures showed that some consumers were getting lost in the economic boom, insolvency partner with Hall Chadwick Paul Leroy said.
“Some say Australia’s prosperity and booming economy is great for everyone, but certainly the figures reflect another side to the story,” Mr Leroy said.
“These statistics are very significant and confirm that people are struggling with the increase in the cost of day-to-day living.
“It is especially hard for the battlers who don’t own their home, with rents rising, as the rental squeeze in Sydney bites.”
Rising petrol prices were also having an impact, Mr Leroy said, while the ease of obtaining credit was of major concern.
“With credit card growth at such record levels, it is clear why misused credit cards are behind so many personal bankruptcies,” he said.
“In an age when people are relying more and more on credit, something has to happen, we can’t continue to raise debt levels without long-term consequences.”
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]]>The post IBM Slashes Oz Jobs appeared first on Smart Office.
]]>The move comes at a time when IBM is tendering for work in Australia with major parts of the contracts based on work being done in India or outside of Australia. IBM has said that it is cutting hundreds of jobs amounting to three per cent of its Australian workforce.
“This quarter IBM Australia is redeploying a number of employees across the business,” he told CDN. “Less than 3 percent of IBM Australia’s current workforce will be affected by this action.”
The spokesman said the move is part of a rebalancing of its workforce to meet changing needs of its clients and to remain competitive.
“This is especially so given that we run a solutions and services business operating in a globally competitive marketplace,” he said.
“IBM Australia has a strong track record in successfully redeploying employees across the organisation, and will provide assistance, skills training and support for those affected to find other roles within the organisation. However, we expect some redundancies may result.
“To put this figure into context, in the first quarter IBM Australia brought nearly twice this number of employees into the business in response to client demand for specific skills.
“IBM continues to retain and win new business in the marketplace. In recent months we have signed significant agreements with clients such as Telstra, Russell Investment Group, Medibank Private, Mater Health Services, Ricoh, NAB and Queensland Government.”
The jobs to go are said to be spread across the company, which has a workforce of around 10,000 in Australia. Some of the jobs may go to India under offshoring arrangements. – Kate Castellari
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]]>The post Convoy Seeks Sales Manager appeared first on Smart Office.
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Area Manager –
· Convoy is a national distributor of consumer audio and video products
· Leading world class brand portfolio
·Great earning potential!
· Intrastate travel
Are you looking for a new challenge? This is an excellent business opportunity for a Professional sales person to join a Company that is growing has leading brands and has a great future ahead.
Convoy International was established in 1965 and is today a leading wholesale distributor and marketer of a wide range of leading branded audio, video and cable products. We have offices in all States.
We represent throughout Australia Harman Kardon, Bowers & Wilkins, JBL Home and Car products, Monster Cable & OmniMount. Sales are to both Independent retailers and the major Chains.
We are looking for an Area Manager to service
Your main responsibilities will include:
· Maintain and expand the dealer network within the allocated territory
· Manage sales, promotion, display, advertising and service for all the Convoy
Brands within the territory
· Instigate regular dealer staff training for the Convoy Brands
· Event manage local product releases
· Actively seek and investigate new opportunities for growth
This position will also entail regular travel within the territory as well as to bi-annual marketing conferences in
We offer great earnings potential, a fantastic product portfolio, a friendly and dedicated Head Office team and full support for your sales efforts. In turn, you will be a professional and enthusiastic sales individual with great organisational and time management skills. You will be a creative thinker with the ability to thrive in an independent and continually challenging role and of course, you will be able to liaise effectively with people at all levels.
Does this sound like you? If you are ready to take on a new and interesting role in a progressive company, then we need to hear from you. Please note that only short listed candidates will be contacted. Please email your resume using the “Apply Now” at jobs@convoy.com.au
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