Tag Archives: Australian Bureau of Statistics

Budget boom: Aussie retailers enjoy 24-hour surge

Retail enjoyed a boom 24 hours following key announcements in the federal budget, says the National Retail Association (NRA). The NRA also says Australian Bureau of Statistics (ABS) figures show that the sector “broke free of its shackles” in February. ‘Welcome relief’ NRA CEO Dominique Lamb says the news regarding …

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January trade figures ‘softer’ than forecast, says ARA

The Australian Retailers Association (ARA) says the January 2019 trade figures have fallen short of forecasts, indicating “conservative” post-Christmas trade. The figures, which the Australian Bureau of Statistics (ABS) released on Friday, show a 2.66 per cent total growth year-on-year. ARA Executive Director Russell Zimmerman said: “As we forecasted a …

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Workplace mental illness costing Australia $60bn a year

Mental illness in the workplace is costing the economy $60 billion a year, claims a counsellor who specialises in treating business leaders. Gabriel Edwards (right) is the founder of Breathing Space Counselling Practice. She says senior management has a duty to make workplace mental health and wellbeing a priority. “CEOs …

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December sales data divides commentators

‘Reputable trade’ or ‘dismal run’? The Australian Retailers Association (ARA) was bullish about the December trade figures, but others struck a more downbeat tone. Responding to the Australian Bureau of Statistics’ (ABS) latest data, the ARA says it represents “a reputable Christmas trade”. The figures show a 2.75 per cent …

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Christmas sales should meet forecasts, says NRA

The National Retail Association (NRA) says the ‘strong’ retail sales for November 2018 suggest Christmas sales will hit forecasts. It made the announcement after the Australian Bureau of Statistics (ABS) released its latest Retail Trade report. The report showed an increase in turnover of 0.4 per cent (seasonally adjusted). Based …

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October trade figures bode well for festive season

October trade figures suggest a strong lead-up to the Christmas trading period, with a 3.56 per cent total year-on-year increase. The Australian Retailers Association (ARA) welcomed the figures, just released by the Australian Bureau of Statistics (ABS). ARA Executive Director Russell Zimmerman says the results should increase confidence and he …

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Retail index predicts steady growth in run-up to Christmas

The CHEP Retail Index has predicted that there will be steady retail growth in Australia in Q4 2018. The index is a lead indicator of Australian Bureau of Statistics retail trade data. Based on transactional data from CHEP pallet movements, it predicts year-on-year retail sales to continue growing in the …

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Soft sell: slow retail year continued in August

The retail sector has continued its slow year, according to the latest Australian Bureau of Statistics (ABS) report. The report showed soft sales figures for the month of August. There was a small rise in turnover of 0.3 per cent, making it the weakest back-to-back results for 2018. Acting National …

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On the up: retail sector grows for three months in a row

Aussie retailers have welcomed their third consecutive month of retail growth, according to the Australian Bureau of Statistics (ABS). National Retail Association Dominique Lamb gave the figures a cautious welcome. She says there is still a long way to go for the domestic industry. But she also acknowledges that June’s …

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Surge in retail turnover led by clothing and department stores

The Australian Bureau of Statistics (ABS) has reported a 0.4 per cent surge in Aussie retail turnover in May 2018. Department stores and clothing led the charge, with rises of 3.9 per cent and 2.2 per cent, respectively. The May results cement a second consecutive month of solid sales for …

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