Published on December 13, 2010 by Technology Slice
Retail Spending To Improve In 2011 – In what is disappointing news for Australian retailers, a poor year in 2010 is unlikely to be saved by some Christmas cheer according to a review of the sector by Australian economic consultancy Access Economics. The group’s “Retail Forecasts, November 2010” analysis suggests while 2010 has seen solid [...]
Tags: Access Economics, Australian Retailers, Australian Sharemarket, Bank Of Australia, Cafes And Restaurants, Christmas Cheer, Clothing Retailers, Dampeners, Household Goods, Household Wealth, Last Decade, Mortgage Interest Rates, Rate Hike, Reserve Bank Of Australia, Reserve Bank Of Australia Rba, Retail Forecasts, Retail Sales Data, Retail Sales Growth, Retail Sector, Retail Spending
Posted in Money
Published on November 23, 2010 by Technology Slice
Rate Hikes Squeezing Australian Purses – An online survey by mortgage broker Loan Market also found that almost two-thirds of respondents were re-assessing their spending due to higher mortgage repayments. Loan Market’s chief operating officer Dean Rushton says four official rate hikes by the Reserve Bank of Australia (RBA) in 2010 has had a major [...]
Tags: australians, Bank Of Australia, Broker Loan, Chief Operating Officer, Consolation, Economic Activity, Everyday Goods, Financial Markets, Loan Market, mortgage broker, Mortgage Repayments, Online Survey, Purses, Rate Hikes, Reserve Bank Of Australia, Reserve Bank Of Australia Rba, Respondents, Retail Sector, Rushton, Sausages
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Published on June 4, 2010 by Technology Slice
Minimum Wage Rises To $570 A Week – Fair Work Australia announced the change to the $544 minimum wage in Melbourne today, bringing it up to $570 a week, or $15 per hour. The large increase – which was $1 less than the Australian Council of Trade Unions claim – followed last year’s decision to [...]
Tags: Association Executive, Australian Council Of Trade Unions, Business Viability, Decline, Double Whammy, Employment Growth, Executive Director, Fast Food, Food Sectors, Giudice, Inflation, July 1, melbourne, Minimum Wage Increase, Restructuring, Retail Association, Retail Sector, Wages, Work Australia
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Published on February 11, 2010 by Technology Slice
Importers are struggling to cope with a weaker Australian dollar after the 11-month rally that drove it as high as 94 US cents came to an abrupt end. Turmoil on international markets, triggered in large part by debt default fears for several European nations, has stoked global growth jitters. The Aussie dollar, tied closely to [...]
Tags: Aussie Dollar, Australian Dollar, Christmas Sales, Commodity Prices, Corporate Clients, currency, Debt Default, Fears, Global Growth, Importers, International Markets, Jitters, Local Businesses, Profits, Purveyors, Queries, Rally, Retail Sector, Senior Consultant, Turmoil
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