Photo courtesy of the ABC. The seasonally adjusted Wage Price Index (WPI) rose 0.5 per cent in the March quarter 2015 and 2.3 per cent over the last year, according to figures released today by the Australian Bureau of Statistics (ABS). ...
Tags: Wage Price Index, wages growth
The Australian Government has said the Federal Budget, set to be delivered next week, will include measures to support small business. Federal Treasurer Joe Hockey and Federal Minister for Small Business Bruce Billson have said the Jobs ...
Tags: Federal Budget, small business
The annual rate of inflation across the Group of 20 largest economies increased for the second straight month in March. Economists had forecast a smaller rise in the consumer price index (CPI) to 2.6%. Annual inflation has been running ...
According to the International Cotton Advisory Committee (ICAC), excess cotton stocks held outside China are likely to keep international cotton prices down in 2015-16. Stocks outside China are projected to surge 26 per cent to 9.4 ...
Tags: Cotton Price, Textile
Food retail in Australia is among the better-performing retail sectors contributing to only a modest rise is sales figures in February 2015. The Australian Retailers Association (ARA) said the seasonally adjusted rise (0.7 percent ...
Tags: Food Retail, food retail sector
A spokesperson for Sainsbury’s confirmed to Packaging News the scheme would go ahead and reports have suggested more stores were slated to provide the facility this year – may be up to 400 outlets could offer the service. Last ...
Tags: Sainsbury, Christmas cards, Packaging
Big Trouble Malting and Spirits will open a new malting facility and craft distillery in the city of Petersburg, in the US state of Virginia. As part of its plans, the company will invest in site improvements, equipment, and new building ...
Tags: Agriculture, Food
The latest data from the Australian Industry Group (AIG) Australian Performance of Manufacturing Index (PMI) indicates that Australia's manufacturing sector has contracted for the third month in a row, and that subdued domestic demand is ...
Footfall in January was 1.2% lower than a year ago, down on the 0.7% fall in December. Shopping centres reported the largest decline, falling 2.8%, while high streets experienced a 1.6% decline in footfall, up on the 1.8% fall in December. ...
Tags: Consumer Confidence, Footfall
Consumer confidence in Australia is fuelling the rise of ‘savvy shopping’, according to findings from market research organisation Nielsen. Nielsen said Australian consumers were optimistic about their buying habits over the ...
Gold futures on the COMEX division of the New York Mercantile Exchange rose on Monday as U.S. equities weakened and the dollar fell. The most active gold contract for April delivery rose 6.9 U.S. dollars, or 0.56 percent, to settle at ...
Tags: Gold futures, Physical demand
Due to the euro zone, Japan and some emerging economies disappointing economic prospects, offset by a drop in oil prices brought the global economy, the World Bank cut down global economic growth forecasts on January 13, 2015 and 2016. ...
Tags: Economy, Global Economy
The University of Michigan preliminary consumer sentiment index for January rose to an 11-year high of 98.2, helped by a strengthening job market and lower fuel costs. The preliminary reading was the highest since January 2004, and up ...
Tags: job market, fuel costs, Sporting Goods
Most of the traditional January or Boxing Day sales now start online before Christmas, even before you've had a chance to pull a cracker. Retailers are not obliged to give you a refund or an exchange if you simply decide you don??t want ...
Tags: Boxing Day, Christmas
South Korea's President park geun-hye and New Zealand prime minister John key announced at a press conference in Brisbane, Australia on Nov.15, the free trade agreement negotiations between the two countries has come to an end. The two ...
Tags: FTA, agricultural markets