Tag: Paul Zahra

Interest rates on hold

The Reserve Bank of Australia (RBA) has left the cash rate target unchanged at 4.35%. According to the central bank, inflation continued to ease in the December quarter. “Despite this progress, inflation remains high...

Aussies to spend $465 million this Valentine’s Day amid cost-of-living pressures

Australians are set to spend $465 million this Valentine's Day (down 4.1% or $20 million from 2022) as cost-of-living pressures dampen consumer spend. Research from the Australian Retailers Association (ARA), in conjunction with...

Retailers welcome common-sense approach from crossbench on Closing Loopholes

The Australian Retailers Association (ARA) has thanked the crossbench and opposition senators for their common-sense approach to the Closing Loopholes inquiry, while raising concerns about the governments’ recommendations that threaten to make...

Retail sales fall in December

Consumers spent $35.1 billion across the country in December, according to figures released by the Australian Bureau of Statistics (ABS). Australian retail turnover fell 2.7%, following a rise of 1.6% in November and...

Australian e-commerce leads the charge in mass AI adoption

Salesforce has released its latest ‘State of Commerce’ report in collaboration with the Australian Retailers Association (ARA) revealing four in five Australian e-commerce businesses are already harnessing the power of artificial intelligence...

Aussies to spend $2.5b as school returns

Australia’s back to school (BTS) purchases are set to generate $2.5 billion in sales, according to research by the Australian Retailers Association (ARA) and Roy Morgan. The inaugural research reveals that approximately five...

Retail sales rise in November

Consumers spent more than $36.5 billion across the country in November, according to figures released by the Australian Bureau of Statistics (ABS). Australian retail turnover rose 2%, following a fall of 0.4% in...

Aussies to spend $9b in final festive week

Retailers are set to bring in $9 billion in sales in the final week before Christmas, according to the Australian Retailers Association (ARA). The pre-Christmas re-forecast by the ARA, in conjunction with Roy...
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