News

Cheaper prices and a love of tech drive retail spending

- February 7, 2018 2 MIN READ

The latest retail spending data is in and the verdict from Commsec and the Australian Bureau of Statistics (ABS) is Aussie’s love a bargain, enjoy a coffee and have a lust for the latest tech. In 2017 Australians spent over $311 billion on retail goods and activities such as food and clothing with spending at… Read more »

Business Basics

Best performing industries revealed

- June 26, 2017 3 MIN READ

Data released by the Australian Bureau of Statistics (ABS) reveals the best performing industries in the last financial year. Leading the industries for income growth in 2015/16 was ‘Forestry and Logging’ and ‘Commission-based wholesaling’. In terms of profit, 79% of industries made a profit in 2015/16. These statistics illustrate the progression of business across all industries.… Read more »