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Economic

Economic Archives

$24m investment into recycling to help retailers hit sustainability targets

ARA boss Paul Zahra said the scheme will provide retailers with more options to recycle, and will go a long way to help ...

Coles confuses customers with new reusable plastic promotion

The business recently pledged to cut single-use plastic out of its giveaways and shelves.

Foodstuffs to remove single-use produce bags

Customers will see a range of trial products hitting the shop floor as part of the move including multi-use bags, nylon ...

Japanese companies go high-tech in the battle against food waste

Food waste in Japan adds up to more than 6 million tonnes a year, costing the economy US$19 billion.

Little evidence coffee companies’ sustainability efforts have impact

Most coffee farmers operate at a loss and are unable to produce sustainably, a major report says.

IGA poll shows Aussies plan to buy local this Christmas

Half of the Aussie grocery shoppers who participated in an IGA poll say they plan to buy local this Christmas, supportin...
Vegetables and calculator

Tax relief, job creation and asset write-off: How does the budget stack up for FMCG?

The 2020-21 budget outlined a monster deficit of $213.7 billion this year, and touts $17.8 billion in tax relief for cas...

The Reject Shop makes lowest price guarantee to entice budgeting Aussies

With Australia entering its first recession in decades due to the unprecedented economic impact of the Covid-19 virus, d...

Lockdown: What Australian retailers can learn from other financial crises

the health pandemic has upended Australia’s retail landscape, but I would argue that many of these changes have been on ...
Office worker laid off

Permanent support for JobSeeker needed for sustainable recovery, says ARA

Permanent support for JobSeeker or a similar scheme is needed in order for Australia to have a sustainable recovery, say...
PET bottles

Asahi commits to NSW recycling plant

Japanese drinks manufacturer Asahi Beverages will construct a $45 million recycling facility in NSW via a partnership wi...

ACCC clears supermarkets to continue cooperation in Covid-19 response

Australian supermarkets have been cleared to continue to collaborate on the supply of food and groceries to consumers du...

Why FMCG companies should explore China opportunities as Covid impact fades

Chinese people are getting back to work, shopping, eating out and trying to get back to “normal” after the Covid-19 lock...

Gig economy failing workers, says report

The platforms, such as Uber, Deliveroo and AirTasker, have been under the scrutiny of a Victorian government-commissione...

L’Oréal calls for more industry innovation to combat climate change

Environmental experts speak on ethical labor, sustainability and consumer behaviour.

L’Oreal rolls out funding to support vulnerable women through COVID-19

As part of 'LOréal for the future', the company will also invest €100m to contribute to the regeneration of damaged natu...

Nestlé to donate $2 million worth of products to Australians in need

CUB turns focus to hand sanitiser with donations for medical staff, employees and those in need.

Quilton to donate one million rolls of toilet paper to charities

Quilton support elderly and vulnerable consumers with product donation in the midst of toilet paper stockpiling.

PM asks business to support economy in act of “patriotism”

Comments come a day after $155bn wiped from ASX due to coronavirus fears.

CEOs pessimistic about economy in 2020

Business leaders expect economic conditions to deteriorate in 2020 due to uncertainties in the global economy as well as...