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Australia Economy - Page 2

Foreign firms seek retail therapy in Australia


SYDNEY (Reuters) - The Americans are coming. And the Japanese and Europeans. Australia is being invaded by a swathe of foreign retailers, piling pressure on a local industry already battered by weak consumer spending and ruthless internet competition. U.S. retail giant Williams-Sonoma Inc opens its first owner-operated stores outside of North America in Sydney early next year. Japan's Uniqlo and U.S. youth label Hollister are also scheduled to debut here in 2013, while womenswear store Zara , Britain's youth label Topshop and U.S. ...

Source: Fashion News Headlines - Yahoo! News

Economy Australia

What happens when the mining boom ends?

A VERY remarkable thing is happening to the Australian economy; something we've never achieved before. Ref. Source 9

Australia Economy History & Civil Business Politics

Australian consumer confidence falls 0.7%: Westpac:

Australian consumer confidence fell in March, extending its decline from a post-election peak in November, as consumers grew more pessimistic about the economic outlook due to rising unemployment. Ref. Source 9

Page 2 Economy Australia

Financial Advice Regulation Changes To Be Fast-tracked By Government
Local Australia News

The government plans to introduce legislation aimed at neutering parts of Labor's financial advice reforms on Wednesday under the cover of the Prime Minister's statement on red tape reduction. Ref. Source

Economy Australia

National Parks Could Raise More Money To Keep Agencies Afloat
Local Australia News

The money-making potential of Australia's national parks, including Uluru and Kakadu, could be tapped by a federal government department facing a budget crisis.



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Australia Economy

Hockey reveals pre-Budget horror

THE annual cost of delivering the aged pension will rise to a staggering $72b within 10 years, dwarfing expenditure on defence, schools and hospitals. Ref. Source 2

Australia Economy - Page 2

Budget Welfare Cuts Aimed At Areas Growing The Slowest Analysis Shows
Local Australia News

Newstart, family tax benefits and the disability support pension - all targeted in the budget - are growing far more slowly than other government spending, a new analysis finds.
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Australia Economy Politics Business Civil & History - Page 2

What the Budget means for you

SICK people, students, families. There aren't many people who escaped the axe in the Budget. Here's everything you need to know. Ref. Source 8