Tag Archives: Australian Bureau of Statistics

Meet your business hero

According to new research by leading loan-specialist RedZed, only one in five self-employed Australians have a mentor, while nearly half report never having one. “We believe in the importance of mentoring and recognise what an asset it is for self-employed Australians, especially when they are growing and developing a new …

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‘Positive’ signs for retail, says NRA

The National Retail Association (NRA) has said that there are positive signs that the state of retail is improving. This follows the August trade figures released by the Australian Bureau of Statistics (ABS) last week. Following a “poor showing” in July, the NRA says the ABS report for August reveals …

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Ethnic shoppers’ untapped growth opportunity

Ethnic Australians are an untapped opportunity for the Australian grocery sector. Embracing their differences, truly understanding their needs and motivations, as well as where they shop and what they are looking for is the key to unlocking new growth for both brands and retailers. Nielsen Homescan research shows that this …

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Make Australian retail great again!

July retail figures presented by the Australian Bureau of Statistics showed annual growth of 2.36 per cent. The growth is described as “an unexpected sobering economic snapshot” by the Executive Director of the Australian Retailers Association, Russell Zimmerman. It is noted however that month-on-month figures show a fall in July …

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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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