“It ticks so many boxes, especially in the current economic environment," Michael Hill chair Rob Fyfe said.

Department stores saw the second-highest rise on last year’s retail transactions.

The marketplace is working with external brands, own-brand suppliers and its consumers towards set targets.

This is despite the RBA’s pause this month, rising house prices and low unemployment.

Nine out of every ten Australians are still carrying wallets, according to eBay.

P.E Nation’s Pip Edwards is one of the mentors in the program.

The top concern among NZ retailers is wage increases, followed by inflation, according to Retail NZ.

ASICS has collaborated with a Perth-based brand on the venture.

This could include fines of up to $4 million, with imprisonment under consideration.

Cost of living pressures are encouraging shoppers to engage with brands in new formats.

Retail is the third-largest female-dominated industry, but just 17% of women make up CEOs.

“Our sincere hope is that a buyer can be found to take Bobux forward," co-founder Chris Bennett said.

“When World Vision approached us about this project, we couldn’t wait to get involved," Blue Illusion founder Donna Guest said.

This is the first major partnership for the international denim brand in Australia.

The collaboration is intended to generate local tourism.

Various indicators reflect a tight labour market, according to ABS head of labour statistics Lauren Ford.