The payments tech firm has hit back at damning criticism but is still days away from fixing an EFTPOS outage that’s frustrated thousands of businesses.
Rebecca Le May
A problem with Tyro EFTPOS terminals, which has left many businesses unable to collect payments, could be resolved by the end of the week.
Australia’s remarkable virus shopping blitz has major retailers on track for record profits that may not abate for another year, and until the opening of international borders.
Retail groups which own the Supercheap Auto and JB Hi-Fi stores have reported booming first-half earnings, based on preliminary figures.
The owner of Super Cheap Auto and Rebel is touting a major profit rise due to surging customer demand over the past six months.
A key lieutenant behind the success of Solomon Lew’s Premier Investments empire has pulled the plug after nearly a decade with the company.
Continued strong demand for home electronics and appliances is likely to deliver JB Hi-Fi an 86.2 per cent profit bump for the first half.
Businesses are divided on whether to bet big on high levels of trading that have boosted the fortunes of many WA industries continuing into 2021, or exercise more caution.
Danielle Le Messurier
The New Year has seen WA’s biggest increase in newly created job opportunities since 2012, with a list of industries desperately seeking workers.
Investment bank UBS says the currency’s rise should lower costs at big retailers making private label products overseas
With the end of the Federal’s Government JobKeeper payment looming, the “vast majority” of WA businesses are ready to see the end of the stimulus measure.
An Aussie wine company had its iconic, luxury brand counterfeited by Chinese fraudsters who put cheap wine in fancy-looking bottles.
Payments provider Tyro may face legal action from shareholders and businesses over the glitch that has left many EFTPOS terminals disconnected for about a week.
Woolies is trialling a major change to its catalogues in certain areas, despite another supermarket giant copping backlash for doing the same thing.
In a further sign of improving economic conditions, payment times between businesses declined in many industries last year.
The owner of Coon Cheese has decided on a new name for the product after a review sparked by some customers who objected to the branding.
The famous name will be rebranded after 85 years due to racist connotations, with the company saying the new moniker has ‘a lot of joy and happiness’ in it.
Dr. Martens is considering an initial public offering on the London Stock Exchange, as owner Permira Holdings seeks to sell a stake in the iconic British bootmaker amid rallying stock markets.
The cult beauty icon will open its first store in Perth late this year, giving WA shoppers in-store access to its array of cult and luxury brands — including Rihanna’s Fenty Beauty range.
The state’s success in handling the COVID pandemic has seen WA outperform the other states and territories in retail spending growth in the 12 months to last November, according to the latest data.
The personal grooming retailer is on track to almost double its profits for the first half of the financial year, with Australians still opting for home job hair cuts despite salons reopening.
Retail sales in November were better than previously reported after statisticians raised a preliminary estimate to 7.1 per cent.
An Australian company will receive federal government backing for its technology which creates milk with a two-month fridge life.
The Italian luxury fashion house has snuck out of the State, marking another high-end departure from Perth’s most lavish shopping strip.
© West Australian Newspapers Limited 2020