Tag: Paul Zahra

Interim report on Grocery Code calls for harsher penalties

The interim report of the Review of the voluntary Food and Grocery Code of Conduct was released yesterday (8 April). Independent Reviewer Dr Craig Emerson announced eight firm recommendations, including that the Code...

Small growth in February retail sales

Consumers spent $35.8 billion across the country in February, according to figures released by the Australian Bureau of Statistics (ABS). Australian retail turnover rose 0.3%, following a rise of 1.1% in January and...

DIY, travel and treats set to reap $18b for economy this Easter

As Australians gear up for the Easter break, a spending spree across DIY projects, holiday travel, and festive treats is set to bolster the economy. Across the three categories, Aussies are tipped to...

Greens targets supermarkets with divestiture legislation

The Australian Greens will introduce a bill to parliament that would grant divestiture powers to target Australia’s supermarket duopoly. Commenting on the legislation, Greens Economic Justice spokesperson Senator Nick McKim says the giant...

Interest rates on hold again

The Reserve Bank of Australia (RBA) has left the cash rate target unchanged at 4.35%. According to the central bank, inflation continues to moderate but remains high. “The headline monthly CPI indicator was steady...

Tap into Melbourne’s twilight trade

City of Melbourne retailers should respond to changing consumer behaviour by extending core trading hours, creating a link between the daytime and night-time economy a new report by Australian Retailers Association (ARA)...

Aussies to spend $2.05b this Easter

Australians are expected to spend $2.05 billion on hot cross buns, Easter eggs and other special food this Easter, approximately $400 million more than in 2023. According to research from the Australian Retailers...

Retail sales rise in January

Consumers spent $35.7 billion across the country in January, according to figures released by the Australian Bureau of Statistics (ABS). Australian retail turnover rose 1.1%, following a fall of 2.1% in December and...
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