It’s hard to avoid concluding that employment and commercial property returns in Australia are going to come under a lot of pressure this year and beyond.
Retail sales figures
Retail figures a bit like Goldilocks, not too hot, not too cold
Bad news for all the retailing gloomsters, the sector isn’t the basket case that they all claim it is.
Crikey Clarifier: Crikey Clarifier: why aren’t we confident to shop?
Late yesterday department store David Jones shocked investors by announcing its second-half profits could slide by as much as 12%. So in a stable economy why aren’t we confident enough to spend?
GST $1000 threshold: retailers’ share in more trouble than Harvey’s image
Online purchasing, whether it is from Australian or foreign websites, will transform retail in the coming decades, delivering lower prices, greater choice and, almost inevitably, fewer local retail jobs, writes Dr Richard Denniss, executive director of The Australia Institute.
Political snippets: No boom in Australia as retail figures disappoint
Retail sales figures from the Australian Bureau of Statistics this morning show we are far from being in boom times.
Business As Usual: Trade deficit bigger than expected … Resources the real bubble, not property … Sigma’s appalling results … We’re still a cafe society
There could be softening in demand and activity in the economy … February’s trade deficit was much larger than expected by the market … Resources are the real bubble, not property …
All eyes on Reserve Bank as February retail plunges
This morning’s fall in retail trade was fair sharper than market expectations, writes Glenn Dyer.
Retail sales fall, hold the interest rate rise?
Did the Australian economy hit a pothole in January? The retail sales figures for the month suggest it may have after consumer confidence fell sharply in the month and continued falling in February, writes Glenn Dyer.
Sales boom, rates steady, inflation presses, market surges. Oh my god.
We are in for four weeks of neverending interest rate speculation after the Reserve Bank left rates on hold today and retail sales figures for August showed that the sales boom continues in Australia.
