Latest Retail News – 26/10/2012
Inflation up 1.4% in September quarter – keeping
within RBA’s annual rate target of 2-3%.
Government slugs backpackers an extra $70 visa
charge in blow to tourism.
Government’s move to monthly company tax
payments branded as an accounting trick that will increase compliance costs.
ANZ records profit of $6.01 billion.
Tiger Airways fined $110,000 for failing to
unsubscribe customers from marketing emails.
Apple makes $8.2 billion profit in one quarter.
California introduces laws allowing homemade food
goods to be sold legally.
Gumtree reports second hand sales boom as
consumers look for income alternatives.
NAB reports slow build in business confidence.
Roy Morgan Research reports consumer confidence
increases to near pre-GFC levels.
Highpoint Shopping Centre opens new Fresh Food Mart
and Eco Mall.
September credit and debit card transactions up
by 6.9% on last year.
Online entrepreneur, Kogan, achieves 1 millionth
NSW government plans to introduce 24 hour retail
trade by Christmas.
Billabong reports improvement in sales.
Cotton On opens its 1,000th worldwide
Zara opens its 6th Australian store
at Doncaster Shopping Town.
QVM launches self-guided heritage trail.
Lord Mayor Doyle slams Morgan/Elliot plan for
underground car parks.