Despite refinery closures such as Caltex Australia closing its Kurnell, Sydney refinery in 2014 when the site becomes a fuel import terminal, the retail petrol market is looking upbeat with new and established brands making big investments and rolling out new formats and products across the country. These include new players Puma Energy, Vitol (Viva […]
New brands, investment boosts retail fuel & convenience market Read More »
The Australian Food and Grocery Council (AFGC) believes the new Grocery Code will have “real teeth” and is slightly different to the Grocery Inquiry of 2008 and the subsequent Horticulture Code. “We believe this code will strike the right balance and while we need an effective, competitive market, it will be an instrument of Parliament,
Grocery Code a re run of 2008 or will it have real bite? Read More »
Calls for reforms to penalty rates were made over the last week by key industry groups the Australian Retailers Association and the Australian Chamber of Commerce & Industry (ACCI) as Australia’s youth unemployment rate reaches a 12-year high. Peak retail industry body the ARA said reducing penalty rates is a crucial step in creating higher
Industry call for penalty rate reform, as youth unemployment spikes Read More »
The owner of Shell fuel in Australia, Viva Energy, will make major investments in its service station network and build up demand for Shell fuel and lubricants, while moving to take a non-controlling stake in a major customer, Victorian-based wholesale fuel supplier Liberty Oil. Liberty Oil was started by David Wieland and David Goldberger in
Viva Energy upgrades the Shell business, targets Liberty stake Read More »
A pack of 40 cigarettes will cost smokers over $30 and a pack of 20 cigarettes above $20 under tobacco excise raises of 12.5% and the normal twice-yearly indexation now taking effect. The additional taxes will add between $1.12 to $2.81 to the price of cigarettes, which may see a continued shift to low-priced cigarettes.
Cigs hit $30 price point on excise jump, AACS questions illicit tobacco research Read More »
Woolworths and Coles continue to open new supermarket and liquor stores unabated and move into country towns, high streets and suburbs, facilitated by compliant councils and state governments, taking more market share away from independent retailers. While the two majors are signing a code of conduct for their trading relationships with suppliers, their capacity expansion
Call to reign in rampant supermarket majors, losses hide in food & liquor reporting Read More »
Large retailers are gaining volume discounts on credit card interchange fees, while small-medium-sized retailers including convenience stores are being slugged with much higher credit and debit card and eftpos ‘interchange’ fees than large national chains such as Coles and Woolworths. This is happening under an interchange fee system that hasn’t changed much since 2006-08, regulated
Small retailers slugged for interchange credit card fees Read More »
