The Ticker: Modern business life

Economists agree: Australia is not heading towards a recession; Stopping the rise of the machines: Meet Google's new method for tripping up web bots and why the ASX won't break last year's Christmas capital raising record.

On today's blog:

Got something you would like to add to the blog? Email (harrison.polites@businessspectator.com.au) or get in touch on Twitter


Yesterday, The Ticker revealed how Australian retailers have rekindled their investment in physical stores despite the rise of online retail. Meanwhile, over in the US, the opposite has happened in response to the trend.

We argued that the debate around online retail has stagnated in Australia, and that this Christmas may be a true test of our retailers' online capabilities.
And what a test it's shaping up to be.

Today online retailer eWAY published its online Christmas spending figures, showing a rapid uptick in online Christmas spending in Australia over the past five years. Based on its own data (which excludes other merchants and terminals), the company processed a whopping $319 million in Christmas transactions last year. This year, it expects that figure to rise to over $400m.

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