Business matters

Manufacturers expect improved conditions, says ACCI Westpac survey

Australia’s manufacturers expect that general business conditions in the next six months will be better than the previous half-year, the latest Australian Chamber of Commerce and Industry-Westpac Survey of Industrial Trends has found. The ACCCI-Westpac Survey results come as almost a quarter of Australian SMEs intend to give employees a pay rise in 2015, despite

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WA extended trading hours to impact, but SA penalty rate relief

The West Australian government has extended retail trading hours for general retail shops in the Perth metropolitan area for the Easter Monday and Anzac Day public holiday. However, this latest trading hour’s extension is expected to put more pressure on smaller stores such as convenience stores. The move comes as the WA Chamber of Commerce

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As gift cards raise in popularity, new app assists consumers

According to consumer group Choice, the Australian gift card industry is big business, with over $2.5 billion dollars worth of cards purchased a year. Of those sales, Choice estimates that up to 30% of gift cards and vouchers expire before they can be used. Brisbane entrepreneur Tim Kelly has designed an app to ensure expired

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Push to give small business unfair contract protection

The Commonwealth Government has made a commitment to give Australian small businesses a ‘fair go’ by extending the unfair contract protections currently available to consumers to cover the small business sector, expected to be welcomed by smaller suppliers and retailers, including convenience stores. The move follows an earlier announcement on draft legislation to establish an

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Coles ups Down Down price war, fallout to hit suppliers, independents

Coles supermarket chief John Durkan has confirmed that the supermarket major remains committed to its low price Down Down Every Day price strategy with prices to drop generally under a new Deeper Down campaign, instead of in several categories such as milk and bread. The move is an ominous warning for suppliers and independent grocery

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Dispute resolution role welcomed for new Family Enterprise Ombudsman

The Government has released exposure draft legislation to establish an Australian Small Business and Family Enterprise Ombudsman that will ensure that disputes brought forward will be impartially resolved according to the facts. The establishment of the Ombudsman’s office was welcomed by the CEO of the National Retail Association, Trevor Evans. The Ombudsman will also act

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WCB takes big bite of Lion Dairy cheese for $138m

Lion Dairy & Drinks has agreed to sell its major cheese brands to Warrnambool Cheese and Butter Factory Company Holdings Limited (WCB) for $137.5 million. According to Lion Dairy & Drinks managing director Peter West, the company aims to invest more in its milk-based beverages, specialty cheese and yoghurt brands such as Dare iced coffee

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Government’s food labelling push gains blast from industry chief

The Australian Government will ensure consumers have access to clear, consistent and easy-to-understand Country of Origin food labelling (CoOL) through changes that will allow for more informed choices, according to a Government working group. But Australian Chamber of Commerce and Industry CEO Kate Carnell said that changing the product labelling rules relating to country of

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Food, supermarket retail sales flat, hospitality gains January boost

Despite the trend estimate for supermarket, grocery and convenience stores rising by only 0.1% and other specialised food retailing by 0.1%, overall retail trade rose 0.4% seasonally adjusted helped by lower petrol prices, while café, restaurant and takeaway trade gained a 2.0% boost. ARA executive director Russell Zimmerman said retailers reported strong sales in the

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Fair deal for suppliers when Grocery Code of Conduct becomes law?

The Food and Grocery Industry Code of Conduct, which provides for tough restrictions on retrospective and unilateral variations to grocery supply agreements and a dispute resolution process between suppliers and supermarket giants Coles and Woolworths, moved forward this week after it was tabled in Parliament. The long-awaited Food and Grocery Industry Code of Conduct is

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ACCC releases first quarterly petrol report

The first quarterly report into the Australian petroleum industry released by the Australian Competition and Consumer Commission (ACCC) today shows that after reaching a low in January 2015, petrol prices have begun to rise, reflecting international trends. While falls in capital city prices correlate with international trends, the is not always the case in regional

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