News

Pessimistic consumer mood continues in Australia

The latest Westpac Melbourne Institute Index of Consumer Sentiment results show a  continued ‘downbeat’ mood among Australian consumers. According to the institute’s report, pessimistic consumers outnumber the optimists for the 10th consecutive month, with pressure on family finances, concerns around interest rates, deteriorating housing affordability and rising energy prices all …

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Record numbers for Fine Food Australia

The figures are back from Fine Food Australia (FFA), held in Sydney last week, and show the largest number of exhibitors on record, with initial figures indicating the event attracted the highest attendance in the city for eight years. Held in Sydney’s newly revamped International Convention Centre at Darling Harbour, …

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Westpac results positive for SMEs

The Westpac-Melbourne Institute SME Index results show business confidence rose by 3.2 per cent in the third quarter of the year. Westpac says the Index, which examines the economic health of Australian small and medium sized enterprises (SMEs) shifted above the 100-neutral mark for the first time in the year, …

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Steady retail results, concerning forecasts

The Australian Bureau of Statistics (ABS) has released its retail trade figures, showing a steady result for the retail industry leading into the last half of 2017. July showed an estimated turnover of 0.3 per cent, which aligns with May and June’s 0.4 per cent increases. “The trend estimate rise …

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Costco heads north

Retail giant Costco has selected its second Queensland site – Walker Corporations’ $1 billion Citiswich Business Park in Ipswich. The decision ended months of speculation giving the Ipswich business park, located 25 minutes west of Brisbane a welcome boost. “We are thrilled to be continuing our investment in South East …

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Woolworths launches Pick Up service

Woolworths has launched a pick-up service nationwide to make their customers lives easier. Pick Up, which was formerly known as Click & Collect, is aimed at providing a convenient collection service for Woolworths customers. According to Woolworths, it is the first and only supermarket to provide such a service nationally, …

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Ageing population offers huge opportunities for FMCG marketers

The number of people aged 60 will increase by 56 per cent globally, from 900 million in 2015 to more than 1.4 billion, by 2030, according to GlobalData, which says FMCG brands will have to adapt to cater for this age group. In its latest report, TrendSights Analysis: Aging Populations, …

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Woolworths/FoodCo’s ‘meet the buyer’ event

Woolworths/FoodCo and Food Innovation Australia Ltd (FIAL) will hold a meet-the-buyer event as part of the Fine Food Australia trade exhibition in Sydney next week. FIAL and Woolworths are giving suppliers the chance to learn more about the way Woolworths operates, and to pitch their products to the buyers during …

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SA family companies team up for home cooks

Thomas Farms Kitchen and Drakes Supermarkets have joined forces to introduce a new product category in South Australia with “time-poor home cooks” firmly in sight. The Thomas Farms Kitchen Recipe Bags, exclusively launched with Drakes Supermarkets, contain portioned ingredients for fresh, ready-to-cook meals. The bag range features six recipes, with …

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Coles celebrates its suppliers

NSW-based family-owned business The Cordina Food Company has won the Coles Supplier of the Year Award for Product Innovation. The Coles Supplier Awards were presented at a gala dinner in Melbourne last week, attended by about 1,200 suppliers and team members, with Cordina honoured for its fresh and chilled crumbed …

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