Peak industry body the Australian Retailers Association (ARA) today called on the RBA to reduce interest rates in February after the Consumer Price Index (CPI) dropped from 3.5 percent down to 3.1 percent.
The latest round of increases in State Government charges for Queensland’s minerals and energy resource developers will create further uncertainty among those trying to lay the economic foundations for the state’s future.
Peak retail industry body the Australian Retailers Association (ARA) said today's report released by Fair Work showed the majority of retailers were making a concerted effort to comply with their employer obligations but government support for industry associations to provide ongoing education was required to ensure retailers were not unintentionally in breach.
Queensland businesses need to ensure their business recovery strategy has been reviewed and updated to best protect them from the impacts of natural disasters on their business operations.
Peak retail industry body the Australian Retailers Association said it was urging banks to pass on the Reserve Bank of Australia’s (RBA) interest rate cut to both consumers and businesses given time was running out to save Christmas trade as consumers embarked on their shopping for the festive season.