Retailers warned to keep surcharges down under new credit card reforms
Retailers across the country are being reminded to monitor surcharges on card transactions in their stores, with new rules coming into place today controlling the amount retailers can charge for credit and debit card transactions.
Mon 18/03/2013 12:00:00 / Read More »ARA, NRA and TLS disagree on RBA interest rate action
The Australian Retailers Association (ARA) and the National Retailers Association (NRA) are at rare loggerheads this week over whether the Reserve Bank of Australia should tomorrow lower the cash rate, effectively lowering interest rates.
Mon 04/02/2013 12:00:00 / Read More »Retail group upset that Reserve Bank leaves interest rates on hold
The Reserve Bank of Australia today left the cash rate unchanged at 3.5 per cent, effectively keeping interest rates on hold. This decision has frustrated NRA boss Gary Black.
Tue 04/09/2012 12:00:00 / Read More »Consumers cautiously confident according to Westpac Index
Consumer confidence is on the rise, with the Westpac Melbourne Institute Index of Consumer Sentiment seeing a slight increase over the past month, but considering the RBA's recent rate cut, things could be better.
Wed 13/06/2012 12:00:00 / Read More »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 »RBA has listened to retailers at the coal face with rate cut: ARA
The RBA has lowered the official cash rate to 4.25 per cent, to help combat the "changed behaviour by households and the high exchange rate [that] have had a noticeable dampening effect" on the economy.
Wed 07/12/2011 12:00:00 / Read More »Not out of the woods yet: RBA takes the cautious path and drops rates
A November rates announcement from the RBA is always a stealthy affair (those pesky horses always seem to get all the attention), but yesterday there was good news for some as the RBA announced a drop in interest rates.
Wed 02/11/2011 12:00:00 / Read More »RBA leaves rates on hold at 4.75%
The board of the RBA has decided to leave Australia's cash rate unchanged at 4.75%, with RBA governor Glenn Stevens citing global financial instability and cautious consumer behaviour as key factors in the decision.
Tue 04/10/2011 12:00:00 / Read More »Think of the spooked consumers: ARA calls for hold on interest rates
The Australian Retailers Association has called on the Reserve Bank of Australia to consider the current weakness of the retail market and keep interest rates on hold.
Mon 01/08/2011 12:00:00 / Read More »Rates rise and retail woes
About twenty minutes before the streets became still, offices emptied and all eyes turned to the race yesterday afternoon, the Reserved Bank of Australia (RBA) announced it would lift the official cash rate by 25 basis points, to 4.75 per cent.
Wed 03/11/2010 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 »JB Hi-Fi CEO comments on rate hold
The anticipated hold on interest rates was well received by consumers and retailers alike, although executives like Terry Smart approach the future with reservation.
Thu 05/08/2010 12:00:00 / Read More »RBA raises interest rates once again
Just after it was announced that retail sales were back on track in 2010, the Reserve Bank of Australia has thrown a spanner in the works by raising interest rates by a quarter of a per cent.
Wed 03/03/2010 12:00:00 / Read More »A sigh of relief from retailers as interest rates remain unchanged
The Reserve bank of Australia has decided to hold interest rates at 3.75 per cent. The Australian Retailers Association has applauded this decision as it will provide retailers with a chance to post consistent growth.
Wed 03/02/2010 12:00:00 / Read More »ARA warns of retail slowdown if rates rise in February
The Australian Retailers Association has warned that if there is a fourth consecutive RBA rate rise in February, retailers will suffer as much needed growth in consumer spending will be halted.
Mon 01/02/2010 12:00:00 / Read More »"This may be one of the shallower recessions Australia has experienced": RBA
In his address to the House of Representatives Standing Committee on Economics, RBA governor, Glenn Stevens, has commented on Australia's position in the economy and how this may well be 'one of the shallower recessions' the country has ever had.
Fri 14/08/2009 12:00:00 / Read More »'So far so good, but don't get too comfortable': RBA Governor
The Governor of the Reserve Bank of Australia, Glenn Stevens, has commented that the Australian economy has performed surprisingly well throughout the global economic crisis. But he has warned Australians not to get complacent.
Wed 29/07/2009 12:00:00 / Read More »RBA Governor forecasts recovery for Australian economy
The Reserve Bank Governor, Glenn Stevens, has commented that he believes Australia is well placed to emerge strongly from the current global financial crisis.
Fri 05/06/2009 12:00:00 / Read More »1-10 11-18
