ARA RETAIL NEWS

Paul Zahra

Retail Voice CEO Message: 3 August 2022

As anticipated, the Reserve Bank has increased interest rates for the fourth straight month, with the cash rate now sitting at a six year high of 1.85%. Unfortunately, the economic challenges are likely to get worse before they get better, as outlined by Treasurer Jim Chalmers in his economic update to Parliament last week.

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The Hon Jim Chalmers MP

Ministerial Statement on the Economy

Federal Treasurer, The Hon Jim Chalmers MP speech 28 July 2022 Speaker – Australians are overwhelmingly optimistic and confident people. Our optimism, and that confidence, is well‑founded – because it

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Paul Zahra

Retail Voice CEO Message: 27 July 2022

Economic challenges continue to mount with figures released today showing inflation has reached 6.1%. We are conscious this impacts retail on many levels – as customers respond to the rising cost of living, and as retailers tackle the financial pain associated with increased operating costs including fuel, energy, supply chains, rents and more.

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Rest

Super Stapling – Are you complying?

Stapling was introduced on 1 November 2021 to limit unintended new super accounts being opened for workers every time they change jobs. This generally means an employee’s existing super fund

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Paul Zahra

Retail Voice CEO Message: 20 July 2022

With Covid and flu infections on the rise again, we’re pleased to see the Federal Government heed the call of the ARA and others to reinstate the pandemic leave disaster payment, which will come as a welcome relief for workers left out of pocket when they isolate.

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