Online Sales for Myer Increase By 54 Percent
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As Australia continues to tackle its current wave of the Omicron covid variant, online sales for retailer Myer increased by 54 percent. In-store sales were hampered significantly however, overall sales had actually improved in the five months before January. Total sales for the five months ending the 1st January 2022 were 12.3 percent higher than […]
Rise In Covid-19 Cases Triggers A Decrease In Early Year Spending
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ANZ is reporting a huge decrease in early year spending across the country when compared to previous years. The caution in spending is a result of the significant spread of the Omicron variant of covid-19 especially in NSW where spending in the week to 2 January was 25 percent lower year-on-year. However, ANZ Research senior […]
Customers Are Urging Queensland Businesses To Go Green
Businesses across Queensland have been advised to act now to make sure that they meet customers and markets developing sustainability expectations so that they avoid being overlooked as the global economy shifts increasingly towards sustainable goods and services. Chamber of Commerce and Industry Queensland (CCIQ) chief commercial officer Alex Zafiriadis has announced that businesses that […]
Abuse Towards Retail Staff Increases In Sydney During Lockdown
Newly published data has shown that abuse towards retail staff in Sydney has skyrocketed during the covid-19 pandemic. Threats, violence and verbal abuse has increased by almost 80 percent in some parts of Sydney over the past 12 months. The research indicates that the abuse has been the most frequent to occur in areas in […]
Unvaccinated People Who Enter NSW Cafes Will Be Fined $5,000
As the NSW population gets closer to reaching its 70 percent vaccination target, the NSW Government is planning to fine unvaccinated people who enter a business up $5,000 under new strict measures. NSW State Minister for Finance and Small Business Damien Tudehope told the media that discussions are currently taking place to decide what are […]
Australian Consumers Lose Confidence As Retail Sales Drop During Recent Lockdowns
Many Australian businesses are afraid that new lockdowns will give them no choice but to close their doors permanently as online shopping remains the only way they retail stores can continue to generate revenue during the new lockdowns in Sydney and Melbourne. With over half the Australian population in lockdown to prevent the spread of […]
Youth Unemployment in Australia During the Covid-19 Pandemic
Over 870,000 Australians lost their jobs during the first few months of the covid-19 pandemic. Around 38% or 332,200 of these Australian workers were young Australian aged between 15 and 24. By June 2020, as Australia’s overall unemployment rate hit 7.4%, the youth unemployment rate jumped to 16.4%, with a further 19.7% underemployed. An underemployed […]