An early start to end-of-financial-year sales lured in bargain-hunters last month, contributing to a larger-than-expected 0.6 per cent lift in retail sales. The monthly gain beat the 0.3 per cent month-on-month consensus forecast and followed a modest 0.1 per cent rise in April. In March, sales as...
Employers are still looking to fill more open positions than before the pandemic started but job ad numbers are falling at an increasingly rapid rate as the economy slows. In the June quarter, ANZ and Indeed recorded a 7.1 per cent decline in the the average...
Australian motorists are finally taking their foot off the accelerator for new car purchases after more than a year of record-breaking sales. Figures released by the Federal Chamber of Automotive Industries on Wednesday showed drivers bought more than 119,000 new vehicles in June – more than...
Black-market tobacco and e-cigarettes are in the sights of authorities as overhauled vaping laws come into effect. From now on vapes will only be allowed to be sold in pharmacies over the counter, and only after chemists have a discussion with the customer about the health...
Rather than steal human jobs, artificial intelligence technology could create as many as 200,000 roles for Australians by 2030, according to research from the Tech Council. But the spike in demand could be hard to meet, the study warned, and experts urged the government to prepare...
Repeated price gouging at the checkout could lead to retail giants Coles, Woolworths and Bunnings being broken up under a coalition proposal. Divestiture powers would be able to be used by the consumer watchdog as a last resort to address anti-competitive behaviour by major chains, if...