As Australia’s official cash rate continues to rise, cost of living spikes and pay rises fail to keep pace with surging inflation, we might be heading for a personal and corporate insolvency...
Retail sales have marked 15 consecutive months of growth, with a record $35.9 billion spent in stores and online in November 2022. This was an increase of 7.7% on the same time...
Retail sales continued to strengthen in October with sales increasing 12.9% in October compared to the same time last year, according to Mastercard SpendingPulse. Sales were also up 28.2% on pre-pandemic levels.
All retail...
Two-thirds (65%) of Australians have revealed inflation and the rising cost-of-living have made them leave brands they were previously loyal to in order to save money, according to new research by customer...
Woolworths Group reported sales of $16.4 billion in F23 Q1, up 1.8 per cent on the same period last year.
In its Australian food business, sales were below the prior year (down 0.5%...
Retail sales continued to strengthen in August, with trade increasing 25.1% compared to the same month last year, according to the latest Mastercard SpendingPulse. Sales are also up 27.4% compared to pre-pandemic...
Retail sales continued to strengthen in July with trade increasing 17.9% compared to the same month last year, according to Mastercard SpendingPulse.
Most retail categories recorded substantial year on year sales growth as...
The Consumer Price Index (CPI) rose 1.8 per cent in the June 2022 quarter and 6.1 per cent annually, according to the latest data from the Australian Bureau of Statistics (ABS).
The quarterly...
