Australian retail turnover on the rise
The latest Retail Trade figures have been released by the Australian Bureau of Statistics, revealing a turnover rise of 1.2 per cent in September 2014.
The latest Retail Trade figures have been released by the Australian Bureau of Statistics, revealing a turnover rise of 1.2 per cent in September 2014.
A new study has confirmed the number of young farmers entering a life on the land is falling.
The unemployment rate has risen by 0.2 percent, but labour force participation has reached new height, with more Australians in full-time work than ever before.
Despite multiple months of positive retail trade figures this year, a key retail body is tipping that retail growth is likely to slow after the Australian Bureau of Statistics reported turnover fell by 0.2 percent in April.
Unemployment has fallen to its lowest level in 12 months, dipping below 5 percent as a result of 15,500 additional jobs being added to the local economy.
Retail turnover fell during the all-important month of December, thanks to a sales slump in food retailing and cafes, restaurants and takeaway food services.
The number of trading businesses in Australia rose 0.4 percent in 2010-11, thanks to an increase in new business registrations and a decline in exit rates, the Australian Bureau of Statistics (ABS) said.
Despite a decision by the Reserve Bank to cut interest rates by 0.25 percent, retail turnover fell disappointingly flat in November, according to figures from the Australian Bureau of Statistics.
The jobless rate fell 0.9 percent last month, as the number of people unemployed decreased by 5,700.
With Christmas less than eight weeks away, retailers have received a much-need confidence boost with the Australian Bureau of Statistics (ABS) reporting retail turnover rose 0.4 percent last month.