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Federal Budget 2017: Retail’s winners and losers

The newly released Federal Budget brought relief for some retailers last night, with a familiar focus on ‘jobs and growth’ marking the Coalition Government’s public strategy. However, with the ongoing strategy to achieve reduced Government debt, retailers face increased taxes on their businesses and as individuals. Australian Retailers Association (ARA) executive director Russell Zimmerman said

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Vodafone extends prepaid mobile phone credit

Telco provider Vodafone has announced that prepaid customers now have an extra week to use their data and call credit, extending the expiry duration from four to five weeks from date of purchase. Customers on the ‘$40 and above’ combos will benefit from the new five-week validity period, starting May 10. In a press release,

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Junk food packaging and its effects on the brain

This article by Bernd Weber, University of Bonn, was originally published on The Conversation as Junk food packaging hijacks the same brain processes as drug and alcohol addiction. The Conversation, CC BY Bernd Weber, University of Bonn Food is important for our survival, which is why all living beings have developed an urge for high energy foods, like those high in sugar

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WTO to rule on Australia’s tobacco plain packaging laws

The ABC has reported on a rumour that the Australian Government has won a dispute regarding international tobacco plain packaging. The rumoured ruling in Australia’s favour is set to give the green light to other countries to roll out similar laws. A British American Tobacco (BAT) spokesperson said the news regarding the ruling was “speculation”.

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Blast from the past: Yowie chocolates come back on the market

Much loved chocolate treat of the 90’s, the Yowie, has finally made its way back home and is now available to retailers. After a 12-year hiatus from Australian shelves, the Yowie has been relaunched along with a range of new and improved consumer benefits. Made from a new recipe, the milk chocolate is ethically sourced

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Caltex gets ACCC green light to buy Milemaker

Caltex will not be opposed by the Australian Competition and Consumer Commission (ACCC) in its bid to acquire a chain of Victorian service stations. The ACCC has made the decision not to oppose the proposed acquisition worth $95 million, which will result in Caltex taking control of the operation of 46 different service station sites.

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Murray Goulburn to close factories

Australia’s largest milk processor Murray Goulburn is set to axe 360 jobs when it closes three of its factories. The announcement comes just days after the Australian Competition and Consumer Commission (ACCC) alleged that the company had misled dairy farmers. The ACCC said that from June 2015 until February 2016 that Murray Goulburn misled farmers

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