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Aussie Retailers Are ‘Going Bust’ In Record Numbers
Data from business analytics company illion shows a record number of Australian retailers are going to the wall. Although relatively low as a percentage of all companies, the negative trend is worth highlighting given the laundry list of headwinds already facing the sector. Multiple analysts agree that the near-term performance of the retail industry will…
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The Price Of Bitcoin Is Getting Destroyed
The cryptocurrency bloodbath continues. Bitcoin prices have fallen to less than $US6,500 and are now at their lowest level since November. Technical analysis suggests that falls to below $US3,000 could be in store.
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Here’s What Australian Shoppers Want To Buy From Amazon
Australian consumers are most likely to target electrical goods, apparel and shoes, and cosmetics from Amazon Australia. It’s one of the observations drawn by UBS as part of the bank’s research into the impact of Amazon’s arrival.