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Earn Australian, buy American? Shop USA startup pins hopes on soaring Australian dollar

Soon, Harris and Nyo also discovered an even more significant financial fact that further raised their hopes of building a successful business: the average mark-up on most apparel and footwear at most Australian retail stores is a high 142%, making online overseas shopping even more attractive. Thus was born Online Shopping USA, an online American mall, if you will. Now, is Online Shopping USA a threat to High Street retailers in Australia?

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New Zealand’s Xero eyes US IPO, further disruption as subscribers increase...

Xero recently held its annual meeting in Wellington, during which the company revealed some interesting details about its future. As has been widely suspected, the...

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