Weekly Australia Hottest News

Today, interest rate rise again for another 0.25%. the australia reserve bank said they increase the official rates to 7.25% to reduce the inflation. It is the highest interest rate in almost last 12 years. Some analysts said that the bank and other homeloan  lenders could increase mortgage rates by between an extra 10 to 20 basis points which would add 0.10 to 0.20 per cent on what the Reserve bank has pushed through today. For a 25 years, $200,000 mortgage, today rise increases repayments to about $34 /month. And Those people on a $300,000 mortgage over the same period would have to pay an extra $57 in repayments. 
 
Following the interest rate rise, the Australian dollar aus$ sank more than three quarters of a US cent after the announcement on expectations that the softening economy has eased some of the pressure on further rate rise. The Australian dollar was trading at 93.80 US cents shortly before today’s announcement, and then down to as low as 93 US cents.

Comments(0)

NetRegistry registered 30% of all .com.au registrations in May, overtaking MelbourneIT whose 100% monopoly of this market has dropped to below 20% in less than 4 years. 

“MelbourneIT continues to charge $140 for a .com.au domain name, when NetRegistry provides the same service for only $45”, says Larry Bloch, CEO. “We’ve always viewed domain names as an opportunity for customers to trial and evaluate our hosting services and we’ll always be significantly lower priced than MelbourneIT. This result demonstrates that not only are we cheaper than MelbourneIT, we are more trusted for registering Australian domain names”. 

(Read the article)

Comments(0)

Ten million Australians now use the Internet for transactions, according to a report released today by the Minister for Communications and Information Technology, Senator Helen Coonan.

In a statement the minister said that trust and growth in the online environment details findings of a survey of the perceptions, experiences and security practices of Australians who transact online.

The survey found that for many people the convenience of using the Internet far outweighed any security concerns.

The report stressed, though, that some Australians who transact online should do more to improve their online security.

(Read the article)

Comments(0)

Prepaid Phone cards business in Australia market recently is getting big and bigger. the market itself is increasing as the international students number is increasing as well and also the number of immigrants from other country is increasing as well.

There are a lot of prepaid phone card supplier in Australia. But these are some of the biggest player of  phone card distributor in Australia market:
(Read the article)

Comments(1)

Because my business will be sort of ecommerce site which is target for australian market, then thats why i need a website as the main place to get the order.
I’ve spent quite a lot of time to search for a good domain name for my new business.
For you who dont really know how to choose a good domain name, this points might be useful for you:
1. make it short , so its easy to be remembered by your user.
2. register the .com and also the local one( such as .com.au if you are in australia)
For the .com.au the rule to register the domain name , its not as easy as register the .com, you need to check some rule for registering .com.au site.
3. If you are targetting some keywords, it might be a good idea to include the keywords in your domain name. for example, you a reselling flower, then 123flower.com might be a good idea because its inlcude the flower keyword inside.

I hope above tips can be useful for you guys who want to start your internet based business, especially in choosing the best domain name.

Comments(0)