Telstra Broadband Leads The Market

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Telstra Broadband is one of the leading broadband service providers in Australia. The company offers a range of broadband plans that cater to different needs, whether you’re a single person living in an apartment, a family, or a business.

One of the unique features of Telstra Broadband is their commitment to network reliability. Telstra has a vast network infrastructure and has invested heavily in network technology to provide fast and stable broadband services to their customers. This means that users can enjoy seamless browsing, streaming, and gaming experiences without any interruptions.

Telstra Broadband offers a range of plans that come with different speeds and data allowances. Customers can choose from plans that provide unlimited data, or those with a set data allowance. For families and businesses, Telstra offers shared data plans where multiple users can access the internet from the same account.

In addition to broadband services, Telstra also offers various entertainment packages that include premium sports and movie channels. Telstra TV is an advanced set-top box that provides access to a wide range of streaming services, including Netflix, Amazon Prime, and Foxtel. Telstra customers can bundle their broadband and entertainment services to get the best value for their money.

The company is committed to providing the best possible customer experience, and offers 24/7 support to their customers. Users can access support via phone, chat, or email, and the company’s friendly and knowledgeable support staff are always available to help with any issues.

Telstra Broadband is a top-notch broadband service provider in Australia that offers a range of plans to cater to different needs. The company’s focus on network reliability, combined with their extensive range of entertainment options and excellent customer support, makes them a great choice for anyone looking for a broadband service. You can get a discount on your order from Telstra with a Telstra coupon.

Online shopping to put Australia Post under pressure

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It’s believed that a record number of gifts have been purchased online this Christmas, mostly due a resurgence in Covid-19 cases around the country. Australia Post has been working around the clock to deliver the packages to customers around the country.

The National Retailers Association is expecting a 51 per cent boost in online sales across Australia during this Christmas period.

The National Retailers Association also said that Australians are expected to spend $60.8 billion on Christmas gifts this year.

In the last three days before Christmas, Queenslanders are expected to spend over $1.6 billion, which is a 5 per cent increase on the same period last year.

Consumers are still going out and spending, even though the economy is still in recovery mode.

This week, Australia Post staff in Queensland have delivered more than 1.4 million parcels.

Under current COVID-19 restrictions, anyone over the age of 12 has to wear masks at all times in shops and shopping centres.

Many bookshop owners are finding that while online sales were sometimes good, the experience of choosing a gift was always better in store.

With a safe environment, people are more inclined to visit book shops, according to many bookstore owners.

Angus & Robertson is expecting a massive Christmas with Covid-19 causing panic and people to shop online. You can save with at Angust & Robertson with a Angus & Robertson discount code.

Wesfarmers ventures into Pharmaceuticals

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Wesfarmers, the retail mammoth behind some of Australia’s biggest stores such as Bunnings, Kmart and Officeworks are looking to venture into a new business segment that no grocery business owner has entered, pharmaceutical wholesaling.

Wesfarmers announced to the stock market that they have made an unsolicited bid to acquire all of Australian Pharmaceutical Industries (better known as API) for $1.38 per share. The values the wholesaler at $68 million dollars. With this news released to the market, API shares rose to nearly the offer price, jumping 18.78 percent to $1.36. Wesfarmers shares were relatively flat during the days trade.

A major shareholder, Washington Pattinson, has already backed the bid and encouraged shareholders to follow.

Wesfarmers believe that Australian Pharmaceutical Industries is a good acquisition as it allows the retailer to have more of a stake in the health and beauty sector. Wesfarmers can leverage it’s strength in logistics, marketing and retail to grow API’s market position.

Grocery companies have traditionally been opposed the pharmacy ownership laws which restrict ownership of pharmacies to pharmacists. Wesfarmers however, has said that they support the ownership model as it is one of the strengths of API.

In an official statement, API said that they were assessing the bid and said that due to COVID restrictions, there has been a notable drop in performance with the share price reflecting that drop. They believe that the takeover bid is an opportunistic one which is trying to capitalise on a lower than usual share price. Shareholders will vote on the takeover bid at some stage.

For great deal’s on pharmacy products online, visit Pharmacy Online and use a Pharmacy Online promo code to save on your purchase.

Fortunes for Single Families declining

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HILDA has conducted a Household, Income and Labour Dynamics survey targeting Australians and what it has shown has not been much of surprise.
With respect to families, those that are single parented are still the most fragile, economically disadvantaged and difficult to manage. In fact, many of these single parent families are most regularly required to go without daily essentials to survive. Many of these families have commented that they have gone without essential items or services numbering three or more within the past year. Another concern is that the utilisation of childcare has dropped from 52 per cent to 35 per cent due to the prohibitive cost.
These single parent families have seen their median incomes decrease by $2,000 from $38,000 in 2016 to $3600 in 2020. A concerning trend considering the rise in the cost of living during that time.
Social and Welfare groups are concerned with these findings and believe a strong focus should be placed on why these families well being is going down.
On the other side of the fence, research also shows that Australians are more well off than they were 18 years ago with average household net worth increasing to almost $1 million.
With regards to the workplace, the number of woman in the workforce has increased from 65 per cent in 2011 to 73 per cent in 2020. Men are still earning more than women with the latest figures showing that men are earning on average $444 more than women.
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Retail Spending for June Rises

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Retail sales for June showed a surprisingly positive result with spending up by  2.4 per cent. Much of this spending was due to the eased lockdowns around the country with many people making their way to restaurants and cafes which were allowed to now open with fewer restrictions.

Interestingly, the amount spent in the month was a huge $29.7 billion which is 8.2 per cent higher than the same time last year where there was no Coronavirus epidemic to deal with.

Despite record unemployment and the economy being propped up by the job keeper and job seeker stimulus, spending increased. Part of this increase was likely driven by the enormous number of people that took advantage of the government’s offer of allowing early withdrawal of super for those that lost their jobs.

Last month Cafes and restaurants had big double digit increases in spending and it continued on this month with food services rising by over 20 per cent. Despite this strong increase month on month, it is still significantly lower than the same time last year by 17 per cent.

Clothing retail stores continued a second month of strong gains as well with a 19 per cent increase however this is still lower than last year as well. Stores like City Beach are doing well with great online sales. Using a City Beach coupon you can save on your purchase from City Beach.

It is expected that short term, spending will continue to rise to normal levels however the recent Coronavirus breakout in Victoria will dampen the spending mood not only in Victoria but across the country.