A $644 million package to credit electricity bills is a smart move to encourage spending, economists say, while recent retail trade data is strong for WA.
Consumers in Perth are more confident than any other major capital by some margin, according to the latest ANZ Roy Morgan weekly consumer confidence data.
Cash Converters is claiming a solid balance sheet after it extended a $150 million securitisation facility, following a turbulent time for the payday lender.
Franchisor Joyce Corporation has sold its remaining stake in Lloyds Online Auctions for $3.8 million to an entity controlled by Lloyds director Steven Sarkis.
Sugar-free ice-cream brand Denada has hit supermarket freezers in the United Arab Emirates after its Perth-based founders signed a contract with Middle East supermarket chain Spinneys.
Just 37 per cent of shops at Western Australia’s biggest malls and main street retail strips are open for trade, laying bare the impact of the COVID-19 crisis on the retail sector.
Premier Investments’ rent standoff with its landlords will continue at least until May 11, with the retail giant to continue not paying any rent until it can open its network of shops safely.
Wesfarmers chief Rob Scott believes the pandemic threat has been well handled by authorities so far, but has urged political leaders to ensure there is a level playing field when it comes to supporting business. Click through to watch the video interview.
Fremantle institution The Chart & Map Shop has been given 30 days’ notice to vacate the Collie Street property it has called home for 25 years, despite Prime Minister Scott Morrison last month calling for a moratorium on evictions.
