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Category Archives: Retail trade
Setback for Qld consumers as extended Saturday trading hours bid is dropped
The IGA at Baroona Road, Milton is always packed full of people from 5-6pm on Saturdays because Queensland’s archaic retail trading hours regulations mean supermarkets have to close at 5pm. As the number of shoppers and frequent traffic jams in … Continue reading
Posted in Retail trade
7 Comments
Qld loses 20,000 sales jobs over last 12 months
OESR’s recent Employment by Occupation brief on Thursday’s new detailed ABS labour force data reports that employment of sales workers in Queensland fell 8.5% in Queensland and 3.3% nationally over the last 12 months. That’s around 20,000 fewer sales workers … Continue reading
Posted in Labour market, Retail trade
1 Comment
Retail trade restrained by stubbornly high saving rate
Yesterday’s ABS National Accounts data were good news, showing a continuation of strong growth in demand in Queensland at 3.6% over the June quarter. One of the most interesting pieces of data in the National Accounts is the household saving … Continue reading
Posted in Macroeconomy, Retail trade
5 Comments
Easy way to make Brisbane more liveable
Rather than criticising the Economist Intelligence Unit for ranking Brisbane behind Melbourne, Adelaide, Sydney and Perth in liveability (Brisbane leaders in disbelief at our city’s low liveability ranking), we should ask how can we make our city more liveable so … Continue reading
Posted in Brisbane, Retail trade
2 Comments
Bunnings a big beneficiary of retail revival
Delving into the retail trade data released yesterday by the ABS, it appears Queenslanders are DIY renovating and gardening more, brunching and dining out more, stocking up on shoes and boots, and buying much cheaper furniture, most likely due to … Continue reading
Posted in Retail trade
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Qld & WA the winners in the two-speed economy
Adam Creighton and David Uren have a nice summary of the latest data on the two-speed economy in the Australian this morning (Retail in reverse as resources power on): THE divide between the over-heated, resource-rich sectors of the economy and … Continue reading
Posted in Macroeconomy, Mining, Retail trade
1 Comment
Cashed-up miners mean big difference in retail turnover in mining and non-mining States
OESR has finally released its April 2012 Economic Review (obviously it’s taken a while to clear through the new Treasurer’s office), and it contains this interesting chart showing the stark difference in retail trade performance between the mining and non-mining … Continue reading
Posted in Macroeconomy, Mining, Retail trade
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Wintergarden stage 2 opening at a good time
Retailers in the newly opened Stage 2 of the redeveloped Wintergarden shopping centre on Brisbane’s Queen St Mall will be pleased with today’s ABS retail trade figures which show solid retail trade growth in Queensland, despite sluggish conditions in other … Continue reading
Posted in Retail trade
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Retail data show Qld and WA healthy, Victoria and ACT sick
The markets didn’t like today’s flat retail trade data from the ABS (Dollar falls on disappointing retail data), but at least Queensland retail trade grew reasonably in November. In terms of monthly growth in retail turnover, Queensland is second only … Continue reading
Posted in Retail trade
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Strong start to Boxing Day sales
The need for traffic control on the escalators at David Jones, Queens Plaza in Brisbane was a good sign that the Boxing Day sales would go well for retailers (confirming again my belief that the Queensland economy is strong). Without … Continue reading
Posted in Retail trade
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