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ANZ-Roy Morgan Consumer Confidence holds recent gains

ANZ-Roy Morgan Consumer Confidence fell 1.0% to 113.5 last week, following strong growth in the previous fortnight. Confidence has been trending above its long run average for two continuous weeks, following a five month run of below average growth. Confidence remains well above levels this time last year (14.3%), following the release of the 2014

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Nationals back ombudsman for Grocery Code of Conduct as Coles, Woolworths slow to sign

The federal government’s Food and Grocery Code of Conduct was debated in a Senate inquiry in May, two years after it was first proposed. Now National Party Senators have called for an ombudsman to be appointed as a Senate report urged Coles and Woolworths to immediately sign on to the Code. Queensland Nationals Senator Matt

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Campbell’s sales fall on cost cuts & repositioning, but Arnott’s performs

The Campbell Soup Company has posted a sales fall of 4% to US$1.9 billion, primarily due to negative currency impact, while on an organic basis, sales decreased 1% on lower volume, partly offset by lower promotional spending and higher selling prices. Satisfactory results were seen in the Arnott’s business in Australia and Indonesia. Denise Morrison, Campbell’s

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E cigs show potential to cut smoking, draconian laws no solution: AACS

With the NSW Cancer Council claiming that a rapidly expanding e-cigarette industry is unregulated, CEO of the Australasian Association of Convenience Stores (AACS) Jeff Rogut said the sale of legal e-cigarettes is one of a range of solutions Government should be investigating as having the potential to reduce the incidence of smoking. “With the NSW

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No fuel cartel conduct in Armidale says ACCC, Launceston study announced

The Australian Competition and Consumer Commission (ACCC) has concluded an investigation into alleged anti-competitive conduct by fuel retailers in the NSW Northern Tablelands city of Armidale and not found evidence of cartel conduct during the course of the investigation. This followed concerns raised late last year regarding high petrol prices. The regulator said that fuel prices

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Steady sales for food retailing backed by interest rate cut

The latest ABS Retail Trade figures show that Australian retail turnover rose 0.3% in March following a rise of 0.7% in February 2015, seasonally adjusted, while food retailing at 0.4% growth was a modest rise reflecting flat growth for the March quarter. At current prices, the trend estimate for Australian retail turnover rose 0.3% in

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Excess use of free ‘Work trials’ doesn’t add up

Two shop assistants were subjected to an unwarranted number of work trials by a NSW retail business, a Fair Work Ombudsman investigation has found. Mario and Mirna Tamer, the former owners of Fancy Fruits retail shop at Thirroul, in the Illawarra region, have admitted they often used unpaid trials as part of their recruitment process.The

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The endless thirst of Australia’s bottled water drinkers

One-quarter of the Australian population aged over 14 years (some 4.9 million people) drink bottled water in an average seven days (steady since 2010), the latest findings from Roy Morgan Research reveal. It seems that people who drink bottled water have a greater taste for other non-alcoholic beverages as well. Compared to folks who don’t

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