Feeds

ABS gets AUD$2.1m to report online sales

Govt finally takes etail seriously

Top three mobile application threats

Australia's federal government will shell out AUD$2.1 million over four years to ensure that online retail spending is tracked accurately.

The funding splurge follows the recommendations from the Productivity Commission’s 2010 report into retailing, which found Australia’s online reporting standards vague and lacking in sufficient metrics.

The Australian Bureau of Statistics will now be able to provide the market with detailed tracking on Australian spending data from domestic and overseas online retailers in addition to multi-channel retailers that sell both online and old school, high street style.

Domestic online shopping figures will be reported monthly, while it is expected that figures for online purchases of imported goods will be reported annually, based on data provided by the Australian Customs and Border Protection Service, and Australia Post.

The Australian Retail Association has long called for retailings biggest growth sector, online sales, to be reported as a separate category within ABS retail trade figures.

ARA Executive Director Russell Zimmerman said “online is now an integral and normal part of business operations for most retailers, so it’s only natural they want to benchmark themselves and gain further insight into online sales as they grow this part of their business further.”

The Australian National Retailers Association (ANRA) said that the move was essential to the growth of the industry. ANRA CEO Margy Osmond said that while data gathered from Australian Customs and Border Protection Service and Australia Post will provide a more accurate picture of the retail transactions, more detailed data from credit and debit cards and PayPal is also required.

“Retailers are keen to see as much data as possible brought together in this investigation in order to get an accurate picture. We already know some overseas sites produce fake receipts for goods and this may place limitations on some of the data collected. Online retailing is just one channel Australians use to shop and until now it has been under-recorded,” Osmond said.

An information paper will be published in early 2013 to provide a snapshot of some preliminary survey results on online retail spending, while the first full data set is expected to be published in November 2013.

®

Top three mobile application threats

More from The Register

next story
Lavabit loses contempt of court appeal over protecting Snowden, customers
Judges rule complaints about government power are too little, too late
Don't let no-hire pact suit witnesses call Steve Jobs a bullyboy, plead Apple and Google
'Irrelevant' character evidence should be excluded – lawyers
EFF: Feds plan to put 52 MILLION FACES into recognition database
System would identify faces as part of biometrics collection
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
Edward Snowden on his Putin TV appearance: 'Why all the criticism?'
Denies Q&A cameo was meant to slam US, big-up Russia
Ex-Tony Blair adviser is new top boss at UK spy-hive GCHQ
Robert Hannigan to replace Sir Iain Lobban in the autumn
Judge halts spread of zombie Nortel patents to Texas in Google trial
Epic Rockstar patent war to be waged in California
German space centre endures cyber attack
Chinese code retrieved but NSA hack not ruled out
APPLE FAILS to ditch class action suit over ebook PRICE-FIX fiasco
Do not pass go, do cough (up to) $840m in damages
Whoever you vote for, Google gets in
Report uncovers giant octopus squid of lobbying influence
prev story

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.