5 things you need to know in Australian tech today

Picture: Tom Pennington/Getty Images.

Here’s the tech news making headlines Monday:

1. This is how Australia will be in a few years’ time. I landed in the US on the evening of Black Friday and Americans were shocked when I told them Amazon had only just arrived in Australia. They told me shopping habits there have changed dramatically in the last 10 years – and warns we will see many malls shut down. Read more here.

2. Meanwhile, many Australians who already buy groceries online say they won’t use Amazon Australia for that purpose. Deutsche Bank’s annual Battle for Baskets survey of 2,400 people found a third of shoppers who currently get groceries online would not buy from Amazon and more than half (57%) of all shoppers wouldn’t consider buying from the US giant. It looks like some brand trust needs to be built up before Amazon can launch Amazon Fresh in this country.

3. Blockchain doesn’t replace the need for trust. A Western Australian professor of finance writes blockchain isn’t about not verifying and transferring assets without a lawyer – it simply means our trust of financial institutions is transferred to the blockchain technology itself. Read more.

4. The NBN has stopped rolling out on pay-TV cables. The level of problems with users that have been connected through the hybrid fibre-coaxial (HFC) network has forced the NBN’s hand and its embarrassing halt to further installations. NBN revealed today that remediation on existing HFC connections would take place to bring the performance up to scratch before a resumption in new rollouts would be considered. Read more here.

5. Australian tech professionals are earning more than ever. iTnews reports industry body ITPA’s analysis of 2016 census numbers that show 30% average wage growth since the 2011 census for IT security specialists and IT managers. Security staff now earning an average of just under $113,000, with IT and project managers getting about $121,000.

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