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Offshore e-commerce to cost 118,000 local jobs |
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Friday, 16 March 2012 18:23 |
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More than 118,000 Australian retail workers will face unemployment over the next three years due to fierce competition from overseas-based online retailers, according to a new report commissioned by the National Retailers Association (NRA).
The report, prepared by Ernst & Young, estimates that almost 10% of traditional retail jobs will be lost by 2015. More than 33,000 retail jobs will be lost as a “direct result” of the current law which sees imported purchases of less than $1000 exempted from GST and other taxation.
This follows a recent inquiry by the Productivity Commission, which found that the cost of collecting taxes on foreign purchases of less than $1000 would exceed revenue raised.
Economist Dr David Cochrane, the author of the report, told AdNews the results of his study presents “a compelling case that the current [low value import threshold] is operating to the disadvantage of Australian retailers.”
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Turning physical stores into iPads |
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Wednesday, 07 March 2012 09:48 |
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It amazes me the naivety of so many retailers in their knee jerk adoption of technology.
Normally operating as Luddites, they delay and delay and delay and then, at the last possible moment and under extreme duress, they embrace whatever the most aggressive technology vendor thrusts at them as the solution to all their woes.
Integrated retail strategy – what’s that? Re-thought consumer-surround business model – come again?
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Crumpler store wins international award |
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Monday, 20 February 2012 10:08 |
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Hip bag maker Crumpler’s Melbourne flagship has taken out an international store design award.
The Westfield Doncaster store’s creators - architecture and design firm Russell & George - won two prestigious world retail awards at the 2012 International Store Design Awards Gala held in Times Square, New York.
The store had already been shortlisted for the World Inside Awards in Barcelona. Now Crumpler Doncaster has been named Winner of the Soft Line Specialty Store category, and winner of the Special Award for the Innovation Materiality category.
Inside Retail Online | 19 Feb 2012 |
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Friday, 09 December 2011 13:27 |
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Assistant Treasurer Bill Shorten today released the Productivity Commission's final report into the Economic Structure and Performance of the Australian Retail Industry. The full Government response to the report is available on the Treasury website.
As part of its commitment to the retail industry, the Gillard Government will establish the Retail Council of Australia to advise the Government on the future of the sector, he announced. The Council will work closely with the Council of Australian Governments and provide a valuable opportunity for industry to collectively raise their concerns with the Government. The Council will be chaired by the Assistant Treasurer and will include business, industry associations, unions and consumer representatives.
The government will also set up a task force to examine the cost structure surrounding the collecting of GST on imported goods, and at this stage they have no intention of lowering the Low Value Threshold from the current level of $1,000. The task force's final report is due by July 2012.
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Australian Bicycling Achievement Awards |
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Monday, 14 November 2011 09:21 |
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The Cycling Promotion Fund has announced that nominations for the 10th Australian Bicycling Achievement Awards have opened.
Since 2002 the Awards have been recognising the contribution of individuals, groups and organisations in promoting bicycling and providing greater opportunities for the community to ride a bicycle.
Recognising the growing support for these awards, the National Heart Foundation is continuing its relationship as the principal sponsor for this year’s awards.
To find out more, and to make a nomination, go to the
Australian Bicycling Achievement Awards website. |
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