Insights

NSW Newsagents win shopfit subsidy, but fears over Tatts agreement

New South Wales newsagents will benefit from the $15 million announced in the NSW Budget on June 23 for lottery agents for approved shop fits, but still have to negotiate a new franchise agreement with Tatts that could see them pay up to $25,000-$35,000 for compulsory fit outs. In the NSW Budget, more than $2.3 billion

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Retailers welcome creation of Ambassador for Mature Age Employment

Australia’s top retailers have today welcomed the Federal Government’s appointment of Ambassador for Mature Age Employment Susan Ryan AO to the newly created position and is encouraged by the Government’s focus on increasing workforce participation of mature workers to lift Australia’s productivity. Retail Council Chief Executive Anna McPhee said the retail sector has an important

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More small CBD stores, discount supermarkets predicted

More smaller supermarkets and convenience stores are set to appear in Australian CBDs and cities, while the Australian supermarket landscape is set to evolve to accommodate the entry and aggressive expansion of discount grocery retailers, according to commercial real estate services and investment firm CBRE. Areas of opportunity for convenience stores are apartment developments across

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