UBS Slashes Forecasts For Aussie Retail Stocks
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June 22, 2023
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UBS has cut share price forecasts for a number of major Australian retailers as the cost of living crisis hits shoppers from... Read More
New Protections For NSW Retail Workers
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June 21, 2023
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Tough new penalties have been put in place to protect NSW retail workers from assault, under a bill introduced by the state... Read More
Honeymoon Over For Retailers, Wesfarmers Boss Tells Investors
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May 30, 2023
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Wesfarmers’ CEO told investors this morning “the honeymoon is very much over”, after a freak period of low interest rates, government stimulus... Read More
Wesfarmers Chair Forecasts Further Rate Hikes, Inflation Woes
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May 29, 2023
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Wesfarmers chairman Michael Chaney has forecast more rate rises are in store, and that years of inflation are ahead. Chaney made these... Read More
Consumer Confidence Leaps 1.4%, Still At Historic Lows
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May 23, 2023
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Consumer confidence was up 1.4 per cent over the past week, but it remains at historically low levels. The ANZ-Roy Morgan Australian... Read More
OZ Consumer Electronics Spending Fell 16% In April
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May 22, 2023
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Australians are tightening their purse strings as the levels of inflation remain high and interest rates show no signs of easing. According... Read More
Kmart-Anchored Deepwater Plaza Sells For $111M
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May 16, 2023
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Woy Woy’s Deepwater Plaza has sold to private property platform Raptis Investments for $111 million. This marks the third shopping centre sold... Read More
Gerry Harvey Calls Budget “Bullshit”
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May 11, 2023
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Gerry Harvey is among the retailers hitting out at what he calls a “bullshit” Federal Budget. Harvey made the comments to the... Read More
Westfield Sales Up 14.4% For Quarter
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May 11, 2023
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Westfield malls attracted 163 million customer visits over the first four months of 2023, an increase of 20 million shoppers from the... Read More
Consumer Spending Down In April: NAB
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May 9, 2023
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Consumer spending has fallen for the second month in a row, according to NAB’s transaction data for April. Total spending fell 0.8... Read More