Peak retail industry body the Australian Retailers Association (ARA) said despite recent reports claiming rising unemployment in the retail sector, the June ARA Australian Retailers Index shows a 12 percent jump in employment for retail SMEs.
New research released in the June ARA Australian Retailers Index revealed a 24 percent jump in confidence among SME retailers over the past quarter, with confidence rising to its highest level since August 2008.
New part-pricing laws - aimed at stopping companies from advertising prices that do not include hidden costs - will impact on a wide spread of businesses, many of which are unaware of the new legislation, says a Gold Coast solicitor.
Peak retail industry body the Australian Retailers Association (ARA) said the March quarter’s GDP growth of 0.4 percent confirmed economists predicting a recession were wrong and should have paid more attention to retail trends.
