Business
Cycling for sanity: why Melbourne is still buying bikes – The Australian Financial Review
In the locked-down Victorian capital, you can only leave the house for an hour each day if it’s for non-essential purposes. But that’s enough to keep the bike trade booming.
Matt Turner said his company’s sales over the past couple of months have almost doubled from about 10,000 bikes sold a month across Australia before COVID-19, to 15,000 to 20,000 a month now, with demand still strong in Melbourne.
“There are a few different theories as to why people are turning to bikes, it’s a worldwide trend, not just specific to Australia,” Mr Turner said.
As for Melbourne, “the main difference is there are no customers in store,” said Mr Harrison, “but we’re busy in differ…
-
Business15 hours agoTop brokers name 3 ASX shares to buy next week 16 November 2025
-
Business18 hours ago3 US dividend stocks that can boost an ASX retirement portfolio
-
General11 hours agoAccusations of secrecy, abuse of power fly as WA Labor wades through third term
-
Business19 hours agoNvidia’s quiet move into quantum computing could reshape the next frontier of AI
