In the past month, it was revealed that the Jewellers Association of Australia (JAA) may have breached government reporting regulations following an amendment of its Constitution.
Despite the Jewellers Association of Australia (JAA) announcing a significant change to its structure and how the board makes decisions and consults members, it may have violated Australian Charities and Not-for-profits Commission (ACNC) regulatory reporting requirements.
The question of whether Australia is in a position to support four jewellery buying groups has been raised since 2020, and the recent State of the Industry Report, has, once again, highlighted the issue.
It has been said that ‘details create the bigger picture’. ANGELA HAN offers a sneak peek into Jeweller’s most significant issue of the decade, published next month.
Part two of Jeweller’s analysis of the jewellery and watch industries explores how international brands have expanded their presence in the Australian market – and how the brand-only store model has increased competition with independent retailers.