AGP Executive Report
Last update: 4 hours agoRetail Crisis: David Jones is on the brink of administration after talks with Westfield owner Scentre collapsed; the department store has not paid rent since September, putting its stores and gift cards in doubt. Cost Pressures: The RBA’s fifth rate rise this year is expected to curb household spending and add to borrowing costs for small retailers, hospitality businesses and personal services. Consumer Watch: CHOICE named Ticketek and Ticketmaster among its 2026 Shonky Award winners over dynamic pricing and hidden ticket costs, and criticised Sony for implying digital games are purchases when they are conditional licences. Product Safety: Coca-Cola bottled water products were recalled nationwide over a potential choking hazard. New on Shelves: Australian brand Twisted Healthy Treats has launched protein frozen-yoghurt sticks in 1,000 Woolworths stores, with 6g of protein and no more than 80 calories per stick.
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