Myer Slash 50 Jobs Amid Turnaround
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March 21, 2019
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Embattled department store, Myer, has reportedly slashed around 50 jobs across management and marketing, following a thorough review of its “customer first”... Read More
November Retail Sales Beat Forecast
November retail sales have beat analyst expectations, notching 0.4% growth versus 0.3% forecast. The Australian dollar has since spiked over 0.2% to... Read More
October Retail Sales Up 0.3%, Online Soars
Australian retail sales remained subdued in October, lifting 0.3% [seasonally adjusted] in line with analyst expectations. Excluding food (-0.9%), retail turnover jumped... Read More
Oz Unemployment Steady At 6 Year Low
Latest numbers from the ABS reveal Australia’s unemployment rate has remained near a six year low of 5%. It follows a better-than-expected... Read More
Retail Sales Miss Forecasts, Department Stores Flat
The ABS claims retail turnover jumped 0.2% in September, missing economist forecasts for a 0.3% lift. The results saw a minor spike... Read More
Roy Morgan Claims “Real” Unemployment 11%, Two-Year High
Roy Morgan has refuted the Australian Bureau of Statistics unemployment results, asserting “real” unemployment notched 11% in August, almost twice the announced... Read More
Retail Sales Beat Forecasts For Third Straight Month
Australian retail sales have jumped 0.4% in June [seasonally adjusted], beating analysts expectations [0.3%] for the third consecutive month. Following results, the Australian... Read More
New Home Sales Post First Growth In June
Latest numbers reveal local new home sales jumped 2% in June – the first monthly growth to occur this year. Despite the... Read More
Oz Businesses Rake In $394 Billion In Online Income
The ABS’ latest numbers reveal local businesses collected a combined $394.3 billion in ‘internet income’ for the year ending June 30th 2017... Read More
Online Retail Spending Jumps As Traditional Store Sales Droop
Electrical and electronic goods retailing across Australia experienced a small downturn in April while most other household goods trading rose, according to the... Read More
