Poll: Which election policies will have the biggest impact on retail?
The Australian retail industry faces many challenges – from slowing consumer spending and sentiment, to an unclear and often difficult to manage Modern Award (which has gotten several retailers into trouble), to the impact of rising energy costs and rent on the feasibility of bricks-and-mortar trading.
It’s easy to point to retailers doing exceptionally well and simply expect others to do the same, but the reality of the market doesn’t always allow for such rapid transformations in struggling businesses.
With the federal election being held on May 18, it’s worth thinking about how the policies put forward may or may not impact the retail industry as a whole.
We want to know what policies you think are likely to have the biggest impact on the retail sector in the next four years? Vote in the poll, and please share your thoughts in the comments section below!