Retailers Concerned As Australian Consumer Sentiment Hits Five-Year Low
The Westpac-Melbourne Institute Index of Consumer Confidence has fallen by 3.8% to hit 91.9, from 95.5 in February. This marks the index’s... Read More
Technology Leads The Way In Shares, Brings New Highs To Wall Street
After Apple issued a warning of a decline in sales amid supply disruption from China earlier this week that hit global tech... Read More
JB Hi-Fi Shrugs Off Coronavirus Concerns After Hike In Shares
Electronics retailer JB Hi-Fi has dismissed fears about the impact on stock and supply from the Coronavirus outbreak and is defying forecasts... Read More
Automation & Industry: Thousands Vulnerable To Job Cuts
Workers have been losing their jobs to automation for decades – from bankers to factory workers and now, retail and transport employees... Read More
Retail Sales Triumph Over Predictions
Late last year, retail bosses predicted a slow Christmas period for the sector – despite much needed economic stimulation. But figures released... Read More
Poor Tech Investment Seen As Hurting Small Business
Lower technology investment by small businesses is impacting their business performance and the broader Australian economy, according to new research commissioned by... Read More
Australians Feel Financially Worse Off
Australian’s are reportedly still feeling worse off despite consumer confidence rising by 0.3%. According to an ANZ survey reported by InsideRetail, optimism... Read More
September Unemployment 5.2%, Forecast To Climb
Australia’s unemployment rate has reportedly remained steady at 5.2% easing pressure on the Reserve Bank of Australia, though forecasts predict this reprieve... 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
Qantas Announce $25M Frequent Flyer Changes
Australia’s oldest airline has announced the biggest changes to its Frequent Flyers points program in more than 30 years, including over 1... Read More