Media Release

Mid-year sales failed to save the retail sector from the brunt of cost-of-living pressures facing consumers, Australian Bureau of Statistics data released today reveals. ABS retail sales figures show retail turnover fell 0.8 percent in June. National Retail Association CEO Greg Griffith said the lack of impact from mid-year year sales...

New Reserve Bank Governor Michelle Bullock has been urged to act with sensitivity and be aware of the impact on business in guiding the RBA on future interest rate decisions. National Retail Association CEO Greg Griffith said the new Governor is walking into the job at a tough time but...

The Reserve Bank has been praised for seeing the light of day and deciding to pause interest rates at 4.1 percent, giving retailers a chance to find their bearings. National Retail Association CEO Greg Griffith has welcomed the RBA’s decision to pause interest rates this month, allowing the sector to...

Mother’s Day spending in May gave retailers some relief despite cost-of-living and sky-rocketing interest rate increase continuing to bite at consumer confidence. Data released by the Australian Bureau of Statistics today revealed a rise of 0.7 percent increase in retail turnover, up from a flat result in April. National Retail Association...

Peak industry body, the National Retail Association has welcomed the announcement that packaging will now be subject to national standards and design rules as part of the agreement struck at the National Meeting of Environment Ministers today. Quote attributed to the National Retail Association’s Director of Policy, David Stout: “Many businesses...

Retailers have urged the Reserve Bank to wake up and change direction following its decision to increase interest rates by 25 basis points today, lifting the cash rate to 4.1 per cent. Less than a week since the announcement that wages will increase by 5.75% come July, the National Retail...

Retailers are once again caught between the cost of living and the cost of doing business as the Reserve Bank increased the cash rate by 25 basis points on 3 May. Industry body the National Retail Association said small businesses across Australia have been held back from economic growth amidst...

The National Retail Association has congratulated the Queensland Government on its move to expand its container deposit scheme to include wine and spirit bottles from 1 November. NRA CEO Greg Griffith agrees that the move will see a significant amount of beverage containers prevented from ending up in landfill and...