A surprise fall in retail sales in November due to a drop in spending on discretionary items does not necessarily mean an interest rate cut in February, economists say.
The popularity of online shopping has continued its surge among Australians, with online retail sales growing 27 per cent in the year to November 2012.
Businesses may get that sales boost they've been begging Santa for after all, with a new survey showing a rise in consumer spending ahead of Christmas.
Shares in struggling surfwear retailer Billabong have dived almost 15 per cent after it downgraded its earnings guidance and said it was considering a fresh $527 million takeover bid.
Australian consumers are downbeat heading into Christmas, despite the Reserve Bank of Australia's decision to cut the cash rate to its lowest level in three years.
Shopping centre owner Centro Retail Australia is changing its name just 12 months after a massive company overhaul that kept the once debt-laden company afloat.
AMP Capital has announced a $105 million redevelopment of the Ocean Keys Shopping Centre at Clarkson, after appointing Built Environs as builder of the project.
Perth company Transaction Solutions International has received backing to the tune of $22 million from an Indian private equity group to fund the development of an ATM business on the sub-continent
The federal government has acknowledged the $1,000 threshold at which GST is collected on goods purchased from abroad is high by international standards, but has rejected calls for an immediate red
Cash Converters has announced a $32.7 million share placement to acquire franchise stores, open new corporate locations and finance its Australian and UK personal loans business.
The head of Western Australia's biggest industrial company says he's still having fun in the top job and has spoken in depth about how much he enjoys the role. Click through for video.
Wesfarmers chief executive Richard Goyder says the tone of the national conversation has become too pessimistic, challenging business leaders to embrace the opportunities created by Australia's str
An interest rate cut in December will give the non-mining sector a boost and support retailers in the lead-up to Christmas, Myer chief executive Bernie Brookes says.
