The National Retail Association’s (NRA’s) prestigious 2018 National Retail Awards line-up of finalists is proving to be one of the most innovative and diverse in the event’s long-running history. NRA CEO Dominique Lamb said this calibre of entrants this year in particular, highlighted how quickly Australian stores were pivoting in such a rapidly-changing environment, to […]
Message from the CEO: 2 May 2017
The media’s certainly been abuzz over the past week after retail giant Amazon finally (after months of speculation) confirmed it would be expanding onto Australian shores, with a distribution centre tipped to be in Melbourne or Sydney. While many are already heralding the end of the retail world as we know it, or tipping that […]
ABS: Retail turnover increases in September
Australian retail turnover rose 0.6 per cent in September 2016, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures. This follows a rise of 0.5 per cent in August 2016. In seasonally adjusted terms, there were rises in household goods retailing (2.3 per cent), cafes, restaurants and takeaway food services […]
Christmas shopping to top $1 billion a day
MEDIA RELEASE With 50 shopping days until Christmas, the National Retail Association (NRA) has today released its pre-Christmas and Boxing day trade projections which show that Australians are poised to spend more than a billion dollars a day during the busiest trading period for the year. The pre-Christmas and Boxing Day trade period runs from […]
MEMBER ONLY ARTICLE – BDO complimentary engagement session
BDO is a global professional services firm that service a diverse range of clients, from large corporate organisations to private businesses, entrepreneurs and individuals across a broad array of industry sectors. Their Retail team uses more than just the combined knowledge and experience of our staff and partners to provide audit, tax and advisory services […]
Household goods continue to drive retail trade growth
The recent release of the November 2015 retail trade figures by the Australian Bureau of Statistics revealed continued growth in the Household Goods sector. As indicated in the graph below, the retail sector grew by 3.8 per cent nationally, with Victoria (5.5 per cent), Tasmania (4.3 per cent) and New South Wales (3.9 per cent), […]
Small businesses protected from unfair contract terms
Following a 12 month transition period, from 12 November 2016, a new law will protect small businesses from unfair terms in standard form contracts. The law will apply where the contract: is for the supply of goods or services or the sale or grant of an interest in land; at least one of the parties […]