Tag: Australia


Australia’s “Amazon tax” likely to go ahead

Australia’s “Amazon tax” likely to go ahead

Australia will become the first country in the world to force online marketplaces to collect the country’s consumption tax on low-value items sold to Australians from sellers based overseas, from July.  Dubbed the “Amazon tax,” the Australian government’s Treasury Laws Amendment (GST Low Value Goods) Act 2017 closes a loophole that meant purchases under $1,000 AUD from overseas sellers were exempt from Goods and Services...

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Australian classified ad spend up 15 percent

Australian classified ad spend up 15 percent

In Australia, classified advertising spends increased 15 percent last year, contributing $1.5 billion AUD to the country’s total digital advertising spend of $7.9 billion, according to a report released by Interactive Advertising Bureau (IAB) Australia and PricewaterhouseCoopers (PwC).


Amazon’s surprise Australian launch

Amazon’s surprise Australian launch

At least Amazon (Nasdaq: AMZN) can say it’s Australian launch managed the element of surprise. It’s local site went live a little after midnight on Tuesday, after analysts speculated just last week that it might not materialize until 2018. But, Aussies were also surprised by the e-commerce site’s prices, which were mostly more expensive than local retailers, or only a fraction cheaper, and certainly didn’t...

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No surprises as Seek’s tipped to grow 13%

No surprises as Seek’s tipped to grow 13%

Analysts said there were no surprises at Seek’s annual meeting this week, despite the Australian job site experiencing strong revenue growth and upgrading its full-year earnings forecast. Chief executive Andrew Bassat told investors that Seek (ASX: SEK) expected earnings before interest, tax, depreciation and amortization (EBITDA) to increase 13 percent from last financial year, up from the previous forecast of 10 percent growth. However, Morgans...

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Amazon will launch in Australia this week

Amazon will launch in Australia this week

After months of speculation, it looks like ecommerce giant Amazon will soft-launch its marketplace in Australia this Thursday, followed by a full launch on Friday, just in time for the Black Friday sales in U.S. Although there’s been no confirmation from Amazon (Nasdaq: AMZN), a number of Marketplace sellers received an email from the company advising of a testing phase to begin on Thursday. The...

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New Aussie classified app promises free forever

New Aussie classified app promises free forever

WorkApp, an Australian, mobile-first classified horizontal, hopes to revolutionize the classified industry with its free platform that has so far ratcheted up 20,000 registered users since launching a year ago. The app, which requires users to register their details and create a profile to access listings on the platform, was four years in the making, according to founder Shane Wallace, who told the Courier Mail...

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EBay Australia promotes Tim MacKinnon to MD

EBay Australia promotes Tim MacKinnon to MD

The Australian arm of e-commerce giant EBay (Nasdaq: EBAY) promoted its chief marketing officer Tim MacKinnon to the role of managing director for Australia and New Zealand. MacKinnon joined EBay in 2011 as head of merchant solutions, and has since held a variety of positions leading the Australian and New Zealand marketing and sales teams. EBay’s Asia-Pacific senior vice president Jooman Park said MacKinnon’s reputation...

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Cars are Gumtree Australia’s No. 1 focus

Cars are Gumtree Australia’s No. 1 focus

In Australia, EBay-owned Gumtree, wants to become the “Google” of buying and selling things — cars, in particular. It’s the reason the classified site plans to launch a standalone cars portal (in addition to the standalone jobs app launched last month), Gumtree Australia’s managing director Martin Herbst told The Australian. According to the Australian, traffic to Gumtree’s autos, parts and services category represents 15 percent...

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