Too early to make tax changes for bitcoin in Australia: Treasury
It is too early into bitcoin's development in Australia to make changes to the tax laws around the cryptocurrency, according to the Australian Treasury Department.
Latest from Leon Spencer
Subscription move boosts Reckon profit
Australian online accounting and legal software player Reckon has seen an 18 percent increase in cash flow for the year ending 2014, with the company attributing part of the boost to its new subscription model.
99 Wuxian and China UnionPay ink deal for cloud POS platform
A partnership between Australian-listed m-commerce player 99 Wuxian and Chinese bankcard company China UnionPay will see the launch of a new cloud-based point-of-sale platform in 2015.
Australian POS startup Kounta launches in the US
Australian e-commerce startup Kounta is making its move into the North American business software market, with the launch of its point-of-sale platform in the United States.
Alibaba quarterly net income falls amid mobile growth
Alibaba Group's net income continues to be hampered by costs associated with its landmark IPO in the United States last year, despite seeing a moderate rise in income from operations for the December quarter and a whopping 448 percent year-on-year surge in mobile revenue.
Woolworths online sales hit AU$1.2 billion
Woolworths Limited has reported over AU$1.2 billion in online sales for the financial year ending June 2014, a 50 percent boost on its online showing for the previous year.
Freelancer makes payment play with Escrow.com buy
Australian online freelancing marketplace Freelancer is moving to corner the online payments market, striking a deal to acquire online escrow service provider Escrow.com for $7.5 million.
Australia retailers lag in mobile presence: Frost & Sullivan
Australian retailers are lagging in mobile presence, according to new research by Frost & Sullivan, which found that only 21 percent of retailers surveyed had developed a mobile app for customers.
PayPal releases revamped mobile credit card reader
PayPal has revamped its mobile card reading technology, releasing its new PayPal Here Bluetooth-enabled credit card reader for smartphones in Australia.
Oneflare boosts user numbers with WOMO acquisition
Australian online local services platform operator Oneflare Group estimates that it will now see over 1 million unique visitors each month, following its acquisition of online customer review website WOMO.