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US online retail giant, Amazon, doesn’t allow Australian businesses to sell their products on its marketplaces. Nor does it have any offices in Australia, or staff located here. Even so, many Australian businesses are customers of the company’s online services. And perhaps tens of thousands of Australian consumers regularly go online to buy books, electronic Click on the title to read more Amazon plans to let Australian retailers sell at its marketplaces still unconfirmed “Yes, it may be a regulatory loophole” agreed Ross Temby, chief executive officer of the new, Brisbane based Payments Network International (PNI) business. Temby was speaking in the wake of media reports that PNI, through its subsidiary – China Payment Services – is offering online merchants the ability to accept payments from Chinese customers who Click on the title to read more Tzvetkoff case exposes regulatory black hole for Internet payments down-under. Novice Australian government assistant treasurer, Bill Shorten, has backed down on a gaffe earlier this week that saw him publicly commit to hitting online shoppers with GST if they buy offshore. ABC television news invited Shorten to comment on the existing GST exemption for online purchases under $1000 following claims from traditional local retailers (most Click on the title to read more Assistant Treasurer Shorten backs-off proposed online shopping tax You must be a subscriber, and register to login to view this page. All eCommerce Report content is copyright. Registration is restricted to paid subscribers. Subscriptions cost $A200 per annum. Paul Fisher, CEO, Interactive Advertising Bureau Australian businesses are continuing to shift their marketing budgets online at a rapid rate. In the first three months of 2010 they spent an estimated $512 million advertising online, up 17% on the same period last year. Paul Fisher, CEO of the Interactive Advertising Bureau of Click on the title to read more Google gets biggest chunk of $512million in March quarter online advertising down-under |
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