The Real Estate Institute of Victoria (REIV) is leading an alliance to fight changes to the Estate Agents Act. The proposed changes will exempt the largest owners of commercial property from offering key protections embedded in the Act. As a result, many small businesses will lose the important protections currently afforded to them when they […]
Alliance to Victorias damaging real estate changes Read More »
Growth in retail trade is expected to soften in the lead up to Christmas, according to the AFGC CHEP Retail Index, which predicts year-on-year growth of 4.8% in the September quarter, slowing to 3.2% growth for the December quarter. While the Index predicts growth will slow, retail trade turnover is still expected to increase modestly
Retail trade growth to slow in December quarter Read More »
A Global Leaders Report issued this week by CDP (formerly ‘the Carbon Disclosure Project’) has awarded Philip Morris International Inc. (PMI) a Band A rating, a Leadership Status for Carbon Performance and a 96% score for Carbon Disclosure based on the company’s activities to mitigate climate change in its supply chain in 2013. According to
Philip Morris awarded ‘A List’ ranking in climate change report Read More »
The Australian Chamber of Commerce and Industry welcomed the release this week of the Federal Government’s Industry Innovation and Competitiveness Agenda and its focus on four overarching ambitions aimed at fostering entrepreneurship and making it easier to do business in Australia. This included the change to Employee Share Scheme arrangements that will now see options
Entrepreneurs and start ups to benefit from Innovation and Competitiveness Agenda Read More »
After a reaching a five-year low in February, the September 2014 MYOB Business Monitor Report shows levels of dissatisfaction among SMEs are growing – reversing some of the improvements made after the Liberal Government came to office. Dissatisfaction has climbed to 37% in the latest survey of over 1,000 SMEs conducted by Colmar Brunton, from
Small business questions level of government support Read More »
Labor’s shadow treasurer Chris Bowen said last week that while Labor welcomes the Harper Review’s over-riding philosophy that competition policy should be focused on making markets work in the interests of consumers, he doesn’t support an effects test. And ACCC chief Rod Sims told a conference in Canberra about his concerns over loopholes in the
Labor backs big supermarkets, ACCC says market divestment a government issue Read More »
Australian Food and Grocery Council’s (AFGC) sixth annual industry snapshot State of the Industry 2014, shows signs of growth opportunities for the Australian food and beverage, grocery and fresh produce sector, despite challenging economic conditions. AFGC CEO Mr Gary Dawson said State of the Industry 2014 highlights strong growth in food and beverage exports and
Sales, exports up, but job losses continue, AFGC report Read More »
On Thursday 18 September, Woolworths announced it had dropped the price of its Homebrand white to 85¢ per loaf. The following day Coles followed suit with its Smart Buy white bread and ALDI lowered its price on Saturday. Canberra-based Independent supermarket, Supabarn, has since entered the fray, pricing its bread at 80¢ a loaf. According
Supermarket bread wars Read More »
The Australian Competition and Consumer Commission has announced today that it will not oppose the proposed acquisition of three Progressive Supa IGA supermarkets by Coles/Wesfarmers (see ‘Coles seeks clearance to buy 4 IGA stores & beef up WA presence’ C&I WEEK 24 April 2014). “The ACCC noted community concerns that the proposed acquisition would remove
Proposed Coles acquisition of three WA Supa IGA stores unopposed by ACCC Read More »
Woolworths will cut a further 400 non-customer facing roles as it seeks to maintain and improve its position as Australia’s leading retailer. While Woolworths says its value position at its most competitive level since January 2014, its three year growth strategy outlined earlier this week, is based on a new ‘Lean Retail’ operating model which
Woolworths cuts 400 more staff, seeks savings of $500 million plus Read More »
