The retail trade figures released by the Australian Bureau of Statistics (ABS) today revealed that sales for January remained sluggish but were an improvement on the December 2017 slump. The ABS figures show that retail turnover rose by 0.1 per cent seasonally adjusted in January, following a drop of 0.5 per cent in December last […]
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), […]
Newsflash: Boxing Day NSW Amendment Bill 2015
The Retail Trading Amendment Bill 2015 (NSW) was introduced on the 11th of November and is the first major reform of trading laws since 2008. The bill (which has passed but will come into effect on the date of assent) removes the restrictions on NSW businesses from operating on Boxing Day (26th December). Previously, trading […]