Tag Archives: coles

COVID-19 update – UBI and “un-Australian” grocery stockpiling

US progressive pundits such as Ana Kasparian and Kim Iversen are stunned the Trump administration is considering a temporary Universal Basic Income (UBI) as a response to the COVID-19 crisis (e.g. check out Ana REACTS to Trump giving Universal Basic … Continue reading

Posted in Macroeconomy, Uncategorized | Tagged , , , , , , , , | 2 Comments

QIRC hearing important case on retail trading hours

The Queensland Industrial Relations Commission is currently considering an application from the National Retail Association, which represents big retailers such as Coles and Woolworths, for standardised trading hours across South East Queensland, which would extend opening hours, e.g. up to … Continue reading

Posted in Retail trade, Uncategorized | Tagged , , , , , , , , , , , , | 8 Comments

RBA will almost certainly cut cash rate, but economy may be stronger than it thinks

Peter Martin, arguably the top economics journalist in Australia, appears to have been briefed by an RBA insider that the Bank will cut the cash rate next week to 2 per cent, a record low, and I’ve little doubt this … Continue reading

Posted in Macroeconomy, Retail trade | Tagged , , , , , , , , , , | 6 Comments

Coles backs Ipswich – good investment given strong population growth

Coles has announced it is building three new stores in Ipswich, obviously recognising the strong current and projected population growth in the region (Coles project to bring new stores and 700 jobs to Ipswich). While Ipswich is currently around the … Continue reading

Posted in Ipswich | Tagged , , , | 4 Comments

New Ipswich Coles shows regulation banning supermarket liquor sales is pointless

The Queensland Government may as well remove the regulation banning supermarkets from selling liquor, as called for by Master Grocers Australia (see this AAP story) because with co-located bottle shops they are effectively already selling liquor. This was apparent when … Continue reading

Posted in Ipswich, Retail trade | Tagged , , , , , , , | 2 Comments