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Revolt against REA price gouging growing

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Original article by Samantha Hutchinson
The Australian Financial Review – Page: 15 : 25-Jun-14

Melbourne real estate agents are challenging the high prices charged by online property classifieds portal realestate.com.au. A group of 300 real estate agencies are angry about successive price rises. They have appointed a media buyer to negotiate with owner REA Group for fairer advertising rates. It is thought that Vizeum Australia will represent the group, which will be known as Real Estate Digital Marketing Services

CORPORATES
REA GROUP LIMITED – ASX REA, VIZEUM AUSTRALIA PTY LTD, AEGIS MEDIA AUSTRALIA PTY LTD, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, THE REAL ESTATE INSTITUTE OF VICTORIA LIMITED, REALESTATEVIEW.COM.AU LIMITED, RIGHT CLICK CAPITAL MANAGEMENT PTY LTD, CENTURY 21 REAL ESTATE, KAY AND BURTON, RAY WHITE REAL ESTATE, HOCKING STUART PTY LTD, MARSHALL WHITE AND COMPANY PTY LTD, BIGGIN AND SCOTT PTY LTD

Social media boo-boos: a how not to

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Original article by Kamal Farouque
The Australian Financial Review – Page: 37 : 25-Jun-14

Opera Australia terminated a contract with Georgian opera singer Tamar Iveri over an offensive anti-gay Facebook post. The incident highlights the issue of whether staff should be taken to task over their private affairs. Iveri’s homophobia would have damaged Opera Australia’s brand as well as many audience member’s ability to be drawn in by her performance. Social media breaches by employees are less clear-cut if the employer has a less prominent "brand", the employee lacks a public profile or the comments are less offensive

CORPORATES
OPERA AUSTRALIA, FACEBOOK AUSTRALIA PTY LTD, MAURICE BLACKBURN PTY LTD

Business under cyber siege

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Original article by John Kerin
The Australian Financial Review – Page: 3 : 20-Jun-14

The number of cyber attacks on Australian government agencies and private businesses by foreign hackers rose 21 per cent in 2013. Australian Signals Directorate assistant secretary Joe Franzi told a conference on 19 June 2014 that half of these attacks involved foreign governments. He expects even more cyber attacks to occur in 2014

CORPORATES
AUSTRALIAN SIGNALS DIRECTORATE, ASSOCIATION OF SOUTH-EAST ASIAN NATIONS

Banks still protected from start-ups

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Original article by Shaun Drummond
The Australian Financial Review – Page: 23 : 6/19/2014

Banks have spent billions on technology, but they are still vulnerable to competition from start-ups in the field of new banking technologies. The issue was discussed at a forum held in Sydney on 17 June 2014. Paul Bassat, co-founder of SEEK and Square Peg Capital, said that start-ups were particularly active in developing new technologies that facilitate payments and peer-to-peer lending. The position of banks is however so strong that disruption in the banking sector is not an immediate issue

CORPORATES
SEEK LIMITED – ASX SEK, SQUARE PEG CAPITAL PTY LTD, ATLASSIAN SOFTWARE SYSTEMS PTY LTD, MACQUARIE BANK LIMITED – ASX MBL, KOGAN TECHNOLOGIES PTY LTD, GOOGLE INCORPORATED, BENDIGO AND ADELAIDE BANK LIMITED – ASX BEN, PAYPAL INCORPORATED, TYRO PAYMENTS