News

Virgin Money’s launch of new credit cards and an online savings account is good news for consumers who have been victims of gouging by the four major banks.

BuzzNumbers, Australia’s first social media intelligence and monitoring company, has launched BuzzElection to track Australia’s 2010 Federal Election online.

Ongoing uncertainty over the tax treatment of trusts has emerged as the top election issue for Australia’s taxation professionals.

The Australian Domain Name Administrator (auDA) has terminated the accreditation of Melbourne based Bottle Domains after the Court of Appeal of the Supreme Court of Victoria dismissed Bottle Domains’ appeal in proceedings against auDA.

Tony Abbott, in turning his back on the $43 billion National Broadband Network will leave Australia languishing in the ‘Dark Ages of broadband’, Comscentre’s Ben Shipley says.

Optus iPhone 4 business plans blow away rival Telstra by serving up equivalent value to Optus’ iPhone 4 consumer plans with free iPhone 4 tethering (using the iPhone 4 as a modem).

Australian online insurer The Buzz Insurance has won the 2010 Australian Business Award for Innovation today, due to its creative customer service

Optus’ iPhone 4 plans have declared all out war on rival Telstra as with Optus delivering up to four times the downloads as equivalently priced Telstra iPhone 4 plans.

Sydney company Marathon Robotics has won a $57 million contract with the US Marine Corps to trial the use of advanced robot technology in live firing exercises

Telstra’s iPhone 4 plans fail to impress, after Telstra made an aggressive play with the company’s iPad data plans hopes were high that the company’s iPhone 4 plans would be similarly priced.

With the Australian Bureau of Statistics’ Producer Price Index figures coming in lower than expected, the chance of the Reserve Bank of Australia increasing interest rates in August has decreased with inflation likely to fall within the target 2-3 percent range tomorrow.

Voyager Travel, the Australian travel management company, will acquire rival Lets Go Australia, as it seeks to expand in the West Australian and Japanese speaking travel market.

eChoice, the national online mortgage broker eChoice (eChoice.com.au) is predicting a flood of refinancing activity over the next 24 months, should the Australian Securities and Investment Commission’s (ASIC) review of mortgage fees help to deliver a healthier playing field for borrowers, searching for a better deal on their mortgage.

Furnitex 2010 and Decoration + Design expo’s attracted record numbers of visitors this year, with visitor numbers up 13 percent since last year.

Jaycar Electronics expands this week with the launch of its latest store in New Lynn, Auckland; its 11th store across New Zealand.

Julia Gillard has come under fire from many Australians today with her announcement of the ALP’s Climate Change policy, but the author behind a recent survey on green jobs, business & climate change has offered strong support to the policy.

Vodafone Hutchinson Australia, in launching the Sony Ericsson Xperia X10 Mini Pro Android handset will give customers 1GB free per month for a year.

The Storm Botnet, responsible for the majority of spam email on the internet is now resorting to using URL shortening services made popular by Twitter such bit.ly and tinyurl.com to bypass spam filters.

Blink Mobile, an Australian Platform-as-a-Service provider, took home three Australian Business Awards for 2010 in the categories of Best E-Business Product, Product Innovation and Best New Product.

Debt collection agency Collection House haave announced a 21 percent higher net profit for the last financial year as calls for debt collection post-GFC soar.