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Topic: retail sales

Only the credulous could accept a contactless account of our economic reality

Reports that consumer spending is back to where it was last year leave out the fact that contactless payments are the new norm.

(Image: AAP/Darren England)

How COVID-19 will change Australian retail — forever

The COVID-19 recession will end one day, but its impact on Australian retail (and the entire economy) may last forever.

(Image: Getty)

NSW consumers continue to hunker down as retail flounders

What is wrong in NSW? Consumers in our biggest state are refusing to open their wallets, with retail sales still below the levels of early this year.

(Image: Getty)

How do you get a whole country back to the shops?

Australia's latest retail figures are in, and it doesn't look good. The government needs to throw one hell of a sale.

Stagnant wages, stagnant economy — when will jobs start stagnating too?

The federal election might ensure that jobs growth stays strong for another month — but eventually it will succumb to gravity.

Image: AAP/Joe Castro

What’s the future of Myer and David Jones?

The question is: will either of our big department stores succumb to woeful conditions? And if so, who goes first?

NSW Premier Gladys Berejiklian and Prime Minister Scott Morrison (Image: AAP/Dean Lewins)

Shopping for ScoMo? Morrison kills consumer sentiment in NSW.

Retail sales figures show NSW consumers shutting their wallets from August last year, when Scott Morrison became Prime Minister.

Aussie retail sales growth hits an all-time low

This disastrous annual result is a blow to the retailers’ peak bodies, the mainstream media and the Turnbull government.

While the economy is softer than earlier in the year, recent data suggests it is running along the path anticipated by the Reserve Bank, <b>Bernard Keane</b> and <b>Glenn Dyer</b> write.

Reserve Bank’s soothsayers right on the money

While the economy is softer than earlier in the year, recent data suggests it is running along the path anticipated by the Reserve Bank, Bernard Keane and Glenn Dyer write.

Data this week shows the economy has slowed in the June quarter, maybe significantly, write Glenn Dyer and Bernard Keane.

Evidence suggests an economy tracking below trend

Data this week shows the economy has slowed in the June quarter, maybe significantly, write Glenn Dyer and Bernard Keane.