Small rise in consumer spending provides some business optimism
There has been a slight increase in consumer spending across the month of January, according to the Commonwealth Bank’s latest Business Sales Indicator (BSI).
There has been a slight increase in consumer spending across the month of January, according to the Commonwealth Bank’s latest Business Sales Indicator (BSI).
The Index revealed Consumer Sentiment rose to 100.7 points in February, an 8 per cent rise from the 93.2 points registered in January. This is the highest level the Index has seen in the past 12 months.
Facebook has created a new system to make it easier for businesses and individuals to buy and sell using the social media service.
The latest ABS trade figures reveal that retail turnover saw a slight rise towards the end of 2014, though it failed to reach the expected long-term average annual growth of 6 per cent.
Like a bulldozer through a forest, for the last decade online retail has been charging forwards demolishing any pundit or cynic who dares stand in its way.
Australians prefer to support local businesses, both in terms of retail and in services, a new report has found.
Until the arrival of large and mid-range international retailers such as Zara, Topshop and more recently, Sephora, there was an affordability gulf protecting Australia’s own mid-market brands.
Released as the traditional two-month holiday spending period comes to an end, the real-time data reveals that online sales during this time have gone up by over 20 per cent from the 2013-14 season.
Retail turnover saw a small rise in November, according to the latest Retail Trade figures released by the Australian Bureau of Statistics (ABS).
Sydney retailers are able to trade 24-hours-a-day from today until Christmas, thanks to a landmark decision by the NSW Government.