Feeds

Gerry turncoat Harvey gives gamers a deal

Launches discount, offshore GST-free online gaming site

The Power of One Infographic

The CEO of Australian retailer Harvey Norman, Gerry Harvey has unleashed his fickle ways on the gaming industry, launching an offshore discount gaming site just days before Christmas.

Harvey has been one of the most vociferous protagonists against the growth of borderless online shopping, campaigning for months on the idea of instituting GST on international orders.

His new venture www.harveynormandirectimport.com, is the manifestation of the etailing model that he has been so strongly arguing against.

The site will be based in Ireland, which will allow Australian customers to buy games directly from Harvey Norman Ireland, GST free, and at the lowest prices currently available in Australia.

Harvey Norman’s European suppliers are sourcing hundreds of game titles on line, which are available for immediate shipping.

"The gaming customer in Australia has been paying too much for years and we look forward to providing our customers with a new cost effective offering”, said Ben McIntosh, GM, Harvey Norman Computers and Communications.

The announcement came at the same time as the company informed the ASX that it had extended a loan agreement with financiers for the repayment of $610 million which was due to be repaid in December 2012.

Under the new terms of the Syndicated Facility Agreement, the loan is repayable in two tranches, one of $370 million, on 22 December 2014 and the remaining $240 million on 22 December 2016.

That’s a lot of games to sell to online. ®

Top three mobile application threats

More from The Register

next story
NEW Raspberry Pi B+, NOW with - count them - FOUR USB ports
Composite vid socket binned as GPIO sprouts new pins
Child diagnosed as allergic to iPad
Apple's fondleslab is the tablet dermatitis sufferers won't want to take
Microsoft takes on Chromebook with low-cost Windows laptops
Redmond's chief salesman: We're taking 'hard' decisions
For Lenovo US, 8-inch Windows tablets are DEAD – long live 8-inch Windows tablets
Reports it's killing off smaller slabs are greatly exaggerated
Seventh-gen SPARC silicon will accelerate Oracle databases
Uncle Larry's mutually-optimised stack to become clearer in August
EU dons gloves, pokes Google's deals with Android mobe makers
El Reg cops a squint at investigatory letters
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Mobile application security vulnerability report
The alarming realities regarding the sheer number of applications vulnerable to attack, and the most common and easily addressable vulnerability errors.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.