Tag: Paul Zahra

RBA cash rate pause at 4.35%

The Reserve Bank of Australia decided to leave the cash rate target unchanged at 4.35% in its final monetary decision before Christmas. Today’s cash rate pause provides some relief for consumer and business...

Retailers call for more time on workplace relations reforms

The Australian Retailers Association (ARA) says the governments’ amendments to the Closing Loopholes legislation will “increase costs, complexity and confusion without any uplift in productivity, wages or employment outcomes”. “There has been an...

Retail turnover falls in October

Consumers spent more than $35.7 billion across the country in October, according to seasonally adjusted figures released by the Australian Bureau of Statistics (ABS). Australian retail turnover fell 0.2% in October, following rises...

Retailers welcome resilience measures

The Australian Retailers Association (ARA) has welcomed a suite of government announcements aimed at building retailer resilience. Yesterday (20 November), the federal government announced a $7.2 million voluntary cyber health check program, allowing...

WA retailers call for action to stop assaults

The Western Australian retail and fast-food industry is calling for the local government to legislate higher maximum penalties for assaults on workers. As a call of action, the SDA Union along with major...

Christmas gifting spend to drop

This year’s holiday season will see shoppers spending less per head but more purposefully. According to a new survey by the Australian Retailers Association (ARA), in collaboration with Roy Morgan, 30% of surveyed...

RBA raises interest rates to 4.35%

The Reserve Bank of Australia (RBA) has raised the cash rate target by 25 basis points to 4.35%. It has also increased the interest rate paid on Exchange Settlement balances by 25 basis points to...

Retailers support Crossbench bid to split controversial IR Bill

The Australian Retailers Association (ARA) has commended a move by Crossbench Senators to split the Federal Government’s contentious industrial relations bill. Senators David Pocock and Jacqui Lambie will introduce Private Members Bills bringing...
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