RBA leaves rates on hold as retailers see modest boost in sales
The RBA has opted to leave the official cash rate on hold at 4.25% following a meeting of the board today. In other news, the Bureau of Statistics has released February retail trade figures, noting a small rise in turnover.
Tue 03/04/2012 12:00:00 / Read More »Broadband and PC use on the increase for young and old: ABS
More Australians have access to computers than ever before and more are using broadband, while the number of seniors logging on has doubled. That's according to new data released today by the Australian Bureau of Statistics.
Thu 15/12/2011 12:00:00 / Read More »Government responds to retail concerns over low value imports
The Federal Government has responded to the Productivity Commission's inquiry into Australian retail, establishing a taskforce to assess the importing of low value goods, as well as a Retail Council to assist in policy development.
Mon 12/12/2011 12:00:00 / Read More »The rise (and fall) of the machines: ABS tracks Australian appliance use
The Australian Bureau of Statistics has released statistics tracing Australia's use of appliances over recent years, noting a rise in laptop use (and a fall in desktop use), as well as recording the factors that go into appliance purchases.
Tue 25/10/2011 12:00:00 / Read More »Business internet uptake reveals strong growth, smartphones well entrenched
Internet subscribers have surpassed the 10 million mark in Australia, with the number of business and government subscriptions growing by 26 per cent in the six months to December 2010.
Mon 04/04/2011 12:00:00 / Read More »Glum CPI figures for CE industry
Today's Consumer Price Index announcement will be received by the shaking of retailer heads and likely trigger now typical phrases such as 'price deflation', 'shaken consumer confidence', 'repaying debt, and 'discretionary spending cuts'.
Tue 25/01/2011 12:00:00 / Read More »Closing the gap between front and top loading washing machines
New research says that front loaders are more popular in high-income households despite the two form factors being "much the same" in price.
Mon 06/12/2010 12:00:00 / Read More »CE retail trade figures below average
Consumer spending remains uncomfortably soft in the lead up to Christmas, with electrical goods registering zero growth in September compared with an average 0.3 per cent sales increase for the retail industry at large.
Fri 05/11/2010 12:00:00 / Read More »CE industry still dragging its feet, but on the up
Offsetting price falls in the audio visual and computing category have dragged the consumer price index (CPI) down to a rise of 0.7 per cent for the September quarter, according to figures released today by the Australian Bureau of Statistics (ABS).
Wed 27/10/2010 12:00:00 / Read More »Retail trade survival rates below national average
The number of actively trading retail businesses in Australia dropped more than twice the national average in 2008 and 2009, according to data released today by the Australian Bureau of Statistics (ABS).
Fri 22/10/2010 12:00:00 / Read More »RBA holds rates following weak retail results
Retail trade has slackened by 0.4 per cent compared to prior months and the latest Retail Figures show Australians are not as hungry for consumer electronics as they are for eating out.
Wed 06/10/2010 12:00:00 / Read More »Dial-up internet fades away
According to the latest Internet Activity report issued by the Australian Bureau of Statistics, dial-up internet connections are on a massive decline with around 90 per cent of consumers opting for high-speed alternatives.
Wed 31/03/2010 12:00:00 / Read More »Department stores shine as retail sales improve
The Australian Bureau of Statistics has announced that retail sales throughout January were surprisingly strong, especially when compared to the disappointing fall in December. Department stores in particualr performed extremely well.
Wed 03/03/2010 12:00:00 / Read More »Retail sales fall 0.7 per cent in December
According to the Australian Bureau of Statistics, retailers had it tough over Christmas with a 0.7 per cent decline in sales over December. This is compared to a 1.5 per cent growth for the November period.
Fri 05/02/2010 12:00:00 / Read More »Consumer Price Index increases 0.5%
According to the latest figures released by the Australian Bureau of Statistics, the Consumer Price Index rose 0.5 per cent in the December quarter of 2009, compared to a one per cent rise in the September quarter.
Wed 27/01/2010 12:00:00 / Read More »Early retail figures hint at strong Xmas season
Recent Retail Trade Figures released by the Australian Bureau of Statistics show that sales for the month of November were up 1.4 per cent on a month-by-month basis and up 7.3 per cent year-on-year.
Fri 08/01/2010 12:00:00 / Read More »Retail sales on the rise
According to figures released by the Australian Bureau of Statistics retail turnover for September in comparison to the same period last year rose 6.4 per cent in 2009. Sales also grew 1.4 per cent over the quarter.
Thu 05/11/2009 12:00:00 / Read More »Retail body slams inaccurate analysis of unemployment figures
Many economic analysts have been reporting in recent weeks that unemployment is on the rise in the retail sector; a leading retail body has hit back and claims the figures are inaccurate.
Mon 29/06/2009 12:00:00 / Read More »Retail sector continues to lose jobs
According to the latest jobs data out of the Australian Bureau of Statistics, the retail sector has been hit hard over the last three months, with 6,400 workers made redundant in the sector.
Fri 19/06/2009 12:00:00 / Read More »Australia narrowly avoids recession
It has been confirmed that Australia has just avoided a recession, with the Australian economy growing 0.4 per cent in the March quarter.
Thu 04/06/2009 12:00:00 / Read More »Household goods outperform other sectors in latest retail figures
According to the Australian Bureau of Statistics, retail turnover grew in line with predictions of 0.3 per cent in April. Household goods in particular were the star performers.
Tue 02/06/2009 12:00:00 / Read More »Retailers in trouble after 2 per cent drop in February
According to retail trade figures issued by the Australian Bureau of Statistics, the Australian retail sector declined by 2 per cent in February, demonstrating the biggest decline since the introduction of the GST in July 2000.
Thu 02/04/2009 12:00:00 / Read More »
