Appliance and consumer electronics retailers are set to win big after the 2015 Federal Budget handed down significant tax benefits to small businesses. The $5.5 billion small business package represents the single biggest spending item in the Budget.
A strong residential property market, improved consumer confidence and high demand in homemaker categories have been credited with bolstering Harvey Norman’s 27.4 per cent profit increase in the first half on the financial year.
Harvey Norman today delivered strong financial results for full year ended 30 June 2014 “despite some short term weakness associated with the Federal Budget and a generally challenging retail environment,” chairman Gerry Harvey said.
Harvey Norman chairman Gerry Harvey has used an interview on ABC TV’s Lateline to declare online trade irrelevant, criticise the mining tax as irrelevant and to promote his company’s pro-Australian made furniture policy.
Harvey Norman might not be known for online sales prowess, but its online social media platform is significant. Today we speak to the man managing this strategy. On the agenda: competitions, whinging consumers and ‘Hardly Normal’.