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Retail
SAN ANSELMO, CALIFORNIA - FEBRUARY 26: In this photo illustration, the Temu logo is displayed on a laptop on February 26, 2024 in San Anselmo, California. The Chinese online marketplace app is gaining popularity in the United States. (Photo Illustration by Justin Sullivan/Getty Images) (Photo by JUSTIN SULLIVAN / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)

How Temu took down Aussie pioneer

International retailers are drawing consumers in by offering cheap products and low shipping costs, but their meteoric rise is coming at the expense of local businesses.

Costs
MELBOURNE, AUSTRALIA - Newswire Photos December 30, 2024: Fuel prices across metropolitan Melbourne. BP, Southbank. Picture: NewsWire / Aaron Francis

State’s push for fuel price cap

One Aussie state is pushing for a major shakeup to pricing at the bowser – including 24-hour caps on fuel prices and mandatory reporting from retailers.

UpdatedNSW
RTBU NSW Secretary Toby Warnes and Premier Chris Minns. Pictures: NewsWire

Breakthrough behind NYE train deal

A crucial concession by the rail unions paved the way for Sydney’s famed New Year’s Eve fireworks to go ahead, the state’s Transport Minister has revealed.

UPDATEDVIC Courts & Law
MELBOURNE, AUSTRALIA- NewsWire Photos DECEMBER 3, 2024: Woolworth workers on a picket line at the Dandenong South Distribution centre.The centre remains closed as negotiations continue. Picture:  NewsWire/ David Crosling

Twist after Woolies pickets halted

One of Australia’s biggest unions has responded to orders from a tribunal ordering an end to the “unlawful picketing” of Woolworths, as the grocery giant promises to get its empty shelves restacked.

Original URL: https://www.news.com.au/finance/business/retail