Business

Retail turnover rises

ENCOURAGING retail turnover trends are welcome but the Australian Retailers Association is holding its breath to see what effect the carbon tax has in coming months.

Australian Bureau of Statistics figures released on Wednesday show Australian seasonally-adjusted retail turnover rose 0.5% in May this year, following a rise of 0.1% in April.

NSW (0.7%) recorded its third consecutive monthly rise while Queensland also recorded a 0.05% rise in May.

ARA executive director Russell Zimmerman said the modest May spike was most likely attributable to colder weather and consumers starting to shop for seasonal products such as winter sheets, clothing, footwear and heaters.

But he said he was particularly encouraged by year on year figures - comparing May last year to May this year - showing a 10% rise in Western Australia, 5% rise in the Northern Territory, 3.6% in NSW while Queensland turnover increased 4.3%.

"A couple of things it's heartening to see - from May this year to May last year - clothing and footwear, and personal accessory retailing is up 1.7% and department store spending is up 0.9%," he said.

"There are some much better figures in there, but I pull those out because they have struggled over past five to six months and we're now seeing increase in that sector.

"It's a discretionary spend and consumers have held onto their funds."

Mr Zimmerman said these figures showed positive signs but the big issues moving forward was whether that upward trend would continue as the carbon tax kicked in this month.

He said they would remain concerned until they saw the July and August figures to measure any effects.

"Families have recently been hit hard with more financial pressure as a result of the Carbon Tax, which the ARA does not believe has been adequately compensated for," he said.

"For retailers, the cost of operating a business is moving upwards as cost increases throughout the supply chain as a result of the carbon tax are captured by this vulnerable economic sector, which cops pressure from both the supplier side and the consumer angle."

Topics:  australian retailers association carbon tax retail



5 big issues confronting council

One measure the contractors are using on the council depot site to combat asbestos contamination.

Several major items on agenda for first meeting of 2017

FROM ZERO TO HERO: Barilaro on a mission to earn trust

GETTING GRANULAR: Deputy premier John Barilaro speaks with local people at a lunch held at the Crown Hotel on his tour of the Clarence Valley.

"My job over the next two years is to reconnect with communities"

Another victory in our on-going ice battle

DRUG BUST: Detective Acting Inspector Bernadette Ingram provided details into an ice bust in Woodburn during a press conference.

More arrests a possibility as investigations continue

Local Partners

Bishop's ordination to be streamed across the globe

THE world will be watching when the Catholic Diocese of Lismore welcomes its new bishop this week.


Sir Elton John coming to Mackay: What you need to know

Sir Elton will come to Mackay and Cairns in September.

Tickets to the concert go on sale on March 14

MAJOR ANNOUNCEMENT: Global superstar to rock Mackay in 2017

A major concert is set to rock Mackay this year.

Mackay, Cairns to host world's biggest superstars Sir Elton John

Share a cuppa coffee with a cop

Coffee and conversation go hand in hand in the Clarence whether you like it or not.

Chance to come along and meet your local police officers

Sir Elton John coming to Mackay: What you need to know

MACKAY will play host to one of the world's biggest superstars Sir Elton John later this year.

MAJOR ANNOUNCEMENT: Global superstar to rock Mackay in 2017

A major concert is set to rock Mackay this year.

Mackay, Cairns to host world's biggest superstars Sir Elton John

Robert Irwin introduces Jimmy Fallon to wild guests

Robert Irwin introduces Tonight Show host Jimmy Fallon to a cuddly sloth.

ROBERT Irwin continues Steve's legacy.

MOVIE REVIEW: Trespass Against Us a 'tender' crime film

Michael Fassbender and Brendan Gleeson in a scene from the movie Trespass Against Us.

Tough British film about criminal clan proves touching

Crocodile, hippo fears as I'm A Celeb filming hit by flooding

Flooding hits the set of I'm A Celebrity ... Get Me Out Of Here!

Fears crocodiles and hippos could infiltrate I'm A Celeb camp

Small screen users make switch to smaller screens

In this photo taken Oct. 16, 2013, a girl plays Supercelll's Hay Day game on an iPad. The Finnish 'Clash of Clans' mobile game maker Supercell said Wednesday, Feb. 12, 2014, it plans to launch its third game next month on a tide of soaring revenues and profits. The new game, 'Boom Beach,' will be launched in March. It's been tested in Canada and Australia, ranking fifth in both countries' iPhone app store lists, according to the company. (AP Photo/Lehtikuva, Milla Takala)  FINLAND OUT

The digital age generation makes the switch

Nadia visits Coast to escape Married At First Sight drama

Married At First Sight's Nadia Stamp takes a breather from the show's drama at Mooloolaba.

MAFS bride unwinds on the Coast ahead of commitment ceremony

Popular island resort sells to loaded international investor

OUR PICK: Chris Foey's colourful shot of one of Gladstone's great tourism hot spots, Heron Island.

International investor snaps up piece of Gladstone paradise.

Potential home buyers punished for doing the 'right thing'

Should I go to university or buy a house?

Living with river view

LABOUR OF LOVE: Peter and Narelle Cauldwell are selling Bemuda Estate in Great Marlow (pictured below).

A rare opportunity to own a luxury estate

Clarence River island paradise selling for $5M

Former Ballina councillor Margaret Howes is selling her island getaway.

GALLERY: Tropical getaway with beaches and airstrip put on market.

Ready to SELL your property?

Post Your Ad Here!