Australia’s share market is set to rise in early trade.
Wholesale giant announces acquisition plan on the heels of a 3 per cent revenue increase in FY20.
The Australian share market is set to begin trade lower as rising virus infections in the US and Victoria concern traders.
Industry sees biggest rise in May following biggest fall in April.
Furniture chain says sales have rebounded, but FY20 earnings still expected to be slightly down.
The minimum wage will rise to $753.80 a week starting July 1.
A flat start is likely for the ASX after rising coronavirus infections in some US states and Beijing prevented any notable movement of US markets overnight.
The campaign aims to create a more upbeat mood in the retail industry to kick-start the ARA’s retail recovery program.
All major categories saw a significant uplift as customers turned to online to fill their homewares and furniture needs during lockdown.
Latest report from Deloitte Access Economics predicts 2020 will be worst year on record for retail.