Retail shows strong sales momentum

Australian retail sales increased 5.2% year on year in October, and increased 4.9% compared to the previous month, according to the latest results from the Australian Bureau of Statistics. Victoria and NSW led...

eftpos deploys next-gen online security

The latest stage of eftpos’ online security technology went live this week and a number of Australian banks, FinTechs and merchants are set to rollout the capability over the next 12 months. The...

NSW to lift Covid restrictions next month

The NSW government has updated the roadmap for easing Covid-19 restrictions. After the state reaches the 95% double dose vaccination target, or come 15 December, most of the remaining restrictions will be...

Foodservice Australia to return bigger and better in 2022

Following an absence of shows over the last two years, the organisers of Foodservice Australia has announced the event will be returning next year bigger and better than ever before with the...

Weekly diesel prices

The average price of diesel fuel in Australia remained at 163.8¢ a litre nationally in the week ending 21 November, according to the Australian Institute of Petroleum’s ‘Weekly Diesel Prices’ report. The average...

Weekly petrol prices

The average price of unleaded petrol in Australia rose 1.7¢ to 166.2¢ a litre nationally in the week ending 21 November, according to the Australian Institute of Petroleum’s ‘Weekly Petrol Prices’ report. The...
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Coles announces three-year…

Coles announces three-year enterprise agreement Coles says team members voted overwhelmingly in favour of the new agreement that will deliver an average annual wage increase of three per cent each year. The new agreement,...

Launceston second regional location for ACCC petrol monitoring

The ACCC has announced Launceston as the second regional location to be studied as part of the petrol monitoring arrangements launched by Minister for Small Business Bruce Billson last December. The in-depth regional...

Woolworths outlines three-year growth strategy

Woolworths Limited has announced a new 'Lean Retail' model intended to deliver more than $500 million of cost reduction across FY15-16. Woolworths Ltd CEO Grant O'Brien said the cost reductions will enable investment...

Woolworths Ltd announce $15 billion in third-quarter sales

The results are an increase of three per cent on the previous year, excluding petrol, or a decrease of 1.6 per cent, including petrol, which was impacted by changes to the Woolworths-Caltex...

Caltex profits up in first quarter

In its 2015 annual general meeting held yesterday, Caltex Australia revealed an unaudited profit of $162 million after tax on a replacement cost of sales operating profit basis for the first quarter,...

Competition policy review final report released

The Competition Policy Review Panel’s final report sets out many pro-competitive reforms which, if adopted, could significantly enhance economic productivity over the years ahead. Competition in retail markets has been an important focus,...

Australia’s happiest little Vegemites revealed

Vegemite is overwhelmingly more popular among people born here than overseas-born Aussies, as revealed in findings from Roy Morgan research. 
 In the 12 months to September 2014, 39 per cent of the...

SPC launches fruity frozen dessert range

SPC has launched Perfect Fruit, a frozen dessert made from 100 per cent Australian-grown fruit that boasts the creaminess and consistency of ice-cream. Free from dairy and fat, Perfect Fruit is available in...

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