RBA has been dedicated to prompting development of retail sector to compensate for the mining’s recession.
Since 2014, the Australian dollar has depreciated significantly against US dollar, and competition has become significantly fierce. International retailers are optimistic about the Australian retail market.
According to CBRE in its seventh edition of How Active Are Retailers Globally Study of 150 major international brands based in the Americas, Asia Pacific and Europe, Middle East, and Africa (EMEA), Australia ranked highly, at 11th on the global list, with 19% of retailers looking to grow their presence Down Under.
Foreign retail giants such as Apple, Woolworths, Costco, ALDI, Uniqlo, Zara and H&M are widely distributed.
our servicesTo maintain a successful retail business you need to have full transparency and understanding of your inventories, management of sales volume, and recognising and acting on commercial opportunities. We can enhance your retail business by supporting you through stocktake, auditing and taxation policies. We have a unique insight into different retail items, such as household and entertainment items and we tailor our services to meet the needs of each of our clients in order to achieve the best results. We will help you with a range of services including:
- assistance in dealing with challenges from warehouse management, supply chain, cash flow and profitability
- assistance in estimation and data analysis to find out key points in financial and management advice on strategy of business operation, risk management and auditing
- assistance in exploiting growth potential and achieving long-term goals
- routine services such as bookkeeping, taxation and auditing