Tag: KPMG

Cautious spending over Christmas quarter hinders fast recovery for retailers, KPMG

The latest KPMG Australia Retail Health Index (RHI) indicates that a slower than expected Christmas trading period will see a sluggish return to positive health for the retail sector no earlier than...

Retail sector health forecast to improve faster than anticipated, KPMG

The latest modelling from the KPMG Australia’s Retail Health Index (RHI) indicates the retail sector will return to positive health by the end of 2024 as the cumulative impacts of higher population...

Retail recovery not forecast until 2025

Modelling from KPMG Australia’s new Retail Health Index (RHI) indicates the sector will be unlikely to return to pre-pandemic levels until late 2025, with discretionary retailers expected to be hit the hardest. The...

Beverage companies reduce sugar content across drink portfolios

Australia’s “leading” non-alcoholic beverage companies have reduced sugar across their drink portfolios by more than 16% between 2015 and 2021, placing them well on track to achieve the 20% sugar reduction target...

Drinks industry will reduce environmental footprint

The Australian non-alcoholic drinks industry is putting certain key areas under the microscope, to ensure the wider economy gets back on their feet. A report compiled by KPMG Australia details a number of...

Illicit tobacco burns two billion in excise

A new report shows illicit tobacco currently costs the Australian government up to $1.91 billion. According to KPMG LLP’s ‘Illicit Tobacco in Australia 2017 Full Year Report’, illegal tobacco – as a...

One in seven cigarettes consumed last year was illicit

The latest report by KPMG estimating the size and value of the illegal tobacco trade in Australia found that 14 per cent of total tobacco consumption in 2015 was illegal. KPMG estimates that...
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