2019 is shaping up to be a ‘gap year’ for Australian retail, according to Deloitte’s latest Retail Forecast for the year ahead. Retail turnover is expected to slip from 2.2 per cent during 2018 to a more modest 1.6 per cent, before lifting back up to 2.2 per…
A picture may be worth a thousand words, but in terms of actual dollars, it could be worth many times that, once you consider the cost of all but the most entry-level DSLR cameras, lenses and other accessories. But now, a hefty price tag need not be an…
Budget carrier Cebu Pacific has kept its market share lead in the Philippines to Australia route, a statement on Thursday showed. Citing data from Australia’s Bureau of Infrastructure, Transport and Regional Economics from November last year, Cebu Pacific…
AirAsia is offering cheap one-way fares to a tropical Indonesian island, which has been tipped to take the top spot as the favourite destination for Australians. The budget airline announced its new four-time weekly flights between Perth and Lombok, east of…
New office caters to burgeoning international demand for Australia’s investor migration programs, as well as interest from within Australia for alternative residence and citizenship options abroad. Global firm in residence and citizenship planning Henley &…
A new report from data and analytics firm ilion suggests there is a mass-shift underway in the way Australians finance their purchases. According to its inaugural credit card report released on Sunday, Australian consumers under the age of 30 hold over half…
The Australian Senate thinks there needs to be a comprehensive shift in power in the franchising sector. In a long-awaited report on its inquiry into the sector, released today, the Senate said the current regulatory environment has failed to deter poor…
The proposed merger between the owners of the Priceline and Amcal pharmacy chains is off after Sigma Healthcare rebuffed an approach by its rival. Amcal owner Sigma, which is restructuring after losing a contract to supply Chemist Warehouse, said on Wednesday…
Five or six years ago, Australian retail pundits who’d visited the 50,000sqf Eataly Italian “food emporium” in New York (which opened in 2010), were breathlessly rhapsodising about it in presentations back home. My visit to its Munich outpost two years ago…
Research firm IBISWorld on Tuesday revealed Australia’s top 1000 companies in 2018, with Wesfarmers and Woolworths placing within the top five. The list provides an overview of Australia’s corporate landscape, and highlights the largest firms, growing and…
US-based PVH Corporation opened its 13th full-price Tommy Hilfiger store in Australia on Friday, just days after the fashion brand held its Tommy Now runway event in Paris, featuring a collection designed in partnership with American actress and brand…
A Nike warehouse in Melbourne’s Altona North suburb has become the first facility in Australia to receive a ‘whole-of-building’ carbon-neutral certification from the National Carbon Offset Standard. The certification is the latest recognition for the site,…
Venture to the local shops and you’ll probably see dogs outside on the footpath waiting for their owners. Perhaps the store has provided a hook for dog leads and a bowl of water for thirsty canines. But travel further from home, into the city centre for…
The Australian dollar has risen slightly over the weekend to 70.42 US cents, up from 70.22 US cents on Friday. The Aussie dollar also trades at 62.67 euro cents, 54.20 British pence, $1.03 New Zealand dollars, 78.24 Japanese Yen, and 4.733 Chinese Renminbi.…
Digital platforms provide a host of challenges for governments. Questions about how to best protect privacy, democracy, and speech online become more pressing every year. But policies that affect online platforms also affect international trade. Many…
The big players on the Australian supermarket scene will be buckling up for some stiff competition this Friday morning, with the announcement that German hypermarket Kaufland has received planning approval for its first three stores in Victoria and…
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