Business News

Recalibrate your approach to reach millennials

Retailers should reassess their business strategy and technological prowess by benchmarking their store layouts, systems and processes against shopping preferences of millennials and post-millennials, who are going to redefine the future of retail, says leading data and analytics company GlobalData. Pressed for time, millennial consumers look for convenience and flexibility, …

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Strong take-up as NSW launches container deposit scheme

The NSW government launched its ‘Return and Earn’ container deposit scheme (CDS) across the state this week, attracting strong participation. Within three days of launching, more than 500,000 beverage containers were returned to Return and Earn reverse-vending machines across NSW. Environment Minister Gabrielle Upton says the scheme is off to …

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Small business investment barriers identified

The Australian Small Business and Family Enterprise Ombudsman has released a study into factors affecting small-to-medium-enterprise investment. Speaking at the Institute of Public Accountants national conference on the Gold Coast in Queensland last week, Ombudsman Kate Carnell said barriers to investment included access to capital, red tape and energy prices. …

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Eftpos launches on Android Pay

Almost two million eftpos-only cardholders across Australia will now be able to pay using their Android mobile devices, with ANZ and Cuscal being the first Australian financial institutions to make the service available to eftpos-only cardholders. The service will use Australia’s first domestic token service provider (TSP) for increased security, …

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