Holiday Period Boosts Employment
Unemployment rates in Australia have dropped as the Christmas holiday period adds 40,000 jobs to the market. Data revealed by the Australian... Read More
Online Retail Picks Up Down Under
Online retail sales are on the rise Down Under, according to the latest figures from the Australian Bureau of Statistics. Stats’ figures... Read More
June Retail Sales Up, Electronics Strong
Australian retail sales jumped a sharp 0.4% in June, beating economist expectations for a 0.3% lift – buoyed by income tax cuts... Read More
May Retail Sales Soft
Australian retail sales grew ever so slightly in May, with the expected (and then delivered) Reserve Bank interest rate cut being credited... Read More
March Retail Sales Beat Forecasts
Australian retail sales jumped 0.3% in March [seasonally adjusted], beating market expectations for a 0.2% lift. The results follow a revised gain... Read More
February Retail Sales Smash Forecasts
Australian retail sales soared 0.8% in February, trumping analyst expectations for a 0.3% jump. It follows a disappointing 0.1% lift in January.... Read More
Myer Slash 50 Jobs Amid Turnaround
Embattled department store, Myer, has reportedly slashed around 50 jobs across management and marketing, following a thorough review of its “customer first”... Read More
November Retail Sales Beat Forecast
November retail sales have beat analyst expectations, notching 0.4% growth versus 0.3% forecast. The Australian dollar has since spiked over 0.2% to... Read More
October Retail Sales Up 0.3%, Online Soars
Australian retail sales remained subdued in October, lifting 0.3% [seasonally adjusted] in line with analyst expectations. Excluding food (-0.9%), retail turnover jumped... Read More
Oz Unemployment Steady At 6 Year Low
Latest numbers from the ABS reveal Australia’s unemployment rate has remained near a six year low of 5%. It follows a better-than-expected... Read More