THE Australian Retailers Association (ARA) believes July trade figures released today by the Australian Bureau of Statistics (ABS) represent a fair trade for July, with a 2.89 percent total growth year-on-year.

Russell Zimmerman, executive director of the ARA, said July’s trade figures were driven by strong growth in the Supermarket category which reached a 4 percent year-on-year growth.

“With food accounting for the bulk of overall retail trade, this July we saw Specialised food reach a 5.7 percent year-on-year growth and Liquor receive a 3 percent increase,” Mr Zimmerman said.

“Although the latest Roy Morgan Net Trust Score survey revealed the most trusted industry is the retail sector, retailers still need a consumer confidence boost.”

With retailers facing increased overheads, the ARA saw Clothing, footwear and personal accessories suffer a low year-on-year growth of 2.74 percent.

“July is always a tough month for fashion retailers because their winter stock slows down and their summer stock hasn’t had enough time to gain traction,” Mr Zimmerman said.

“This July we saw Clothing retail reach a 4.10 percent growth year-on-year, compared to a 7.35 percent increase received in June. Further to this, we saw Footwear and personal accessories post a -0.02 percent decline in July compared to the 1.05 percent increase this category received in June.”

Across the country, Victoria (5.15%) and Tasmania (4.48%) showed the strongest growth in July, closely followed by New South Wales (3.36%), the Australian Capital Territory (3.34%) and South Australia (2.68%). Queensland (1.65%) and the Northern Territory (0.68%) remained steady, while Western Australia (-1.50%) was in negative territory for the third month in a row.

“With many businesses celebrating their end of financial year functions, Cafés, restaurant and takeaway food services saw a moderate to high year-on-year growth of 2.9 percent,” Mr Zimmerman said.

“We also saw the Pharmaceutical, cosmetic and toiletry category receive a 3 percent year-on-year increase with this year’s winter ending on a cold note.”

Moving forward, the ARA would like retailers to see external factors put out of mind for retailers, who are hoping for a consumer confidence boost to assist with sales.

“Retail can only survive with increased business and consumer confidence,” Mr Zimmerman said.

“And this confidence is driven by personal tax cuts and a strong and stable Government.”

Monthly Retail Growth (June 2018 - July 2018 seasonally adjusted) 

Other retailing (1.70%), Cafes, restaurants and takeaway food services (0.61%), Food retailing (0.34%), Household goods retailing (-1.20%), Department stores (-1.89%) and Clothing, footwear and personal accessory retailing (-1.97%).

Queensland (0.77%), Victoria (-0.02%), New South Wales (-0.15%), Tasmania (-0.33%), South Australia (-0.33%), Western Australia (-0.58%), Australian Capital Territory (-0.62%) and Northern Territory (-1.60%).

Total sales (-0.01%).

Year-on-Year Retail Growth (July 2017 – July 2018 seasonally adjusted)

Food retailing (4.04%), Cafés, restaurants and takeaway food services (2.90%), Other retailing (2.86%), Clothing, footwear and personal accessory retailing (2.74%), Household goods retailing (1.08%) and Department stores (0.63%).

Victoria (5.15%), Tasmania (4.48%), New South Wales (3.36%), Australian Capital Territory (3.34%), South Australia (2.68%), Queensland (1.65%), Northern Territory (0.68%) and Western Australia (-1.50%),

Total sales (2.89%).

About the Australian Retailers Association:

Founded in 1903, the Australian Retailers Association (ARA) is Australia’s largest retail association, representing the country’s $310 billion sector, which employs more than 1.2 million people. As Australia’s leading retail peak industry body, the ARA is a strong pro-active advocate for Australian retail and works to ensure retail success by informing, protecting, advocating, educating and saving money for its 7,500 independent and national retail members throughout Australia. For more information, visit www.retail.org.au or call 1300 368 041.

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THE Queensland Resources Council (QRC) has welcomed a contribution by Queensland Alumina Limited (QAL) of $35,000 worth of hay to the drought relief organisation Rural Aid.

QRC chief executive Ian Macfarlane said the resources sector and the Queensland Government had rallied together to help support farming communities affected by the drought.

“I’d like to personally thank Queensland Alumina for providing around 350 large bales of much needed hay to farmers which was sourced from the refinery’s land in Gladstone,” Mr Macfarlane said.

“This week New Hope Group donated $50,000 to Aussie Helpers while Shell Australia ($100,000), Rio Tinto ($100,000) and Santos ($116,000) contributed funds to the Queensland Drought Appeal along with the Queensland Government’s $100,000 contribution.

"Arrow Energy provided lunch for 550 farmers for Beef Week, along with $10,000 towards feed for livestock at the Ekka."

Mr Macfarlane said all droughts bring extreme hardship and the impact flows through to the local butcher, barber and supermarket.

“Everyone feels the economic pain when the farms are in trouble. I strongly encourage everyone if they can to dig deep and donate what they can.”

www.qrc.org.au

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THE Queensland Resources Council (QRC) has welcomed the Palaszczuk Government’s announcement of a review of its signature Advance Queensland policy to promote home-grown innovation.

QRC chief executive Ian Macfarlane said to support almost 300,000 jobs and deliver 80 percent of Queensland’s exports, the resources sector adopts and develops innovation for sustainable, competitive and safe development of the State’s mineral and petroleum reserves.

“The world wants what we have, particularly for infrastructure, growth in renewables, electric vehicles and battery storage,” Mr Macfarlane said.

“To supply the cutting edge, the resources sector is at the cutting edge to ensure we are sustainable, competitive and safe.

“In announcing the Advance Queensland review today, I welcome the specific reference to mining by Innovation Minister Kate Jones.”

Minister Jones said: “Queensland’s strengths are long-term industries such as agriculture and mining and we must make sure we provide the investment in advanced technologies to ensure that we continue to be world leaders in these industries which provide long-term sustainable jobs."

Mr Macfarlane said: “On behalf of the resources sector, the QRC will be an active contributor to the Advance Queensland review.”

www.qrc.org.au

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THE Queensland Resources Council (QRC) has welcomed the Palaszczuk Government’s granting of an Authority to Prospect to Central Petroleum for exploration in the Surat Basin. 

QRC chief executive Ian Macfarlane said Central Petroleum would supply gas for domestic use only to the State’s largest manufacturer Incitec Pivot to support the employment of 400 workers and power the Gibson Island fertiliser plant.

“Once again we see Queensland holding the key to sustaining a long-term future for East Coast jobs and industries,” Mr Macfarlane said.

“This is another example of Queensland getting on with the job to responsibly increase gas supply, drive down prices and secure jobs.

“I applaud the Palaszczuk Government’s innovative approach to delivering domestic gas and industry for partnering together to boost the State’s manufacturing industry.”

Mr Macfarlane said today’s announcement comes six months after Central Petroleum was announced as a successful tenderer as part of the Queensland Government’s Land Release Program.

“Queensland is the case study that works, and other states ignore it at their peril,” he said.

“New South Wales and Victoria can’t expect Queensland to continue to supply, and subsidise, their own gas users when each of those states has either a handbrake or a full-blown ban on any gas development.”

The QRC claims Queensland's resources sector now provides one in every six dollars in the Queensland economy, sustains one in eight Queensland jobs, and supports more than 16,400 businesses across the State all from 0.1 percent of Queensland’s land mass.

www.qrc.org.au

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