Reports that consumer spending is back to where it was last year leave out the fact that contactless payments are the new norm.
The COVID-19 recession will end one day, but its impact on Australian retail (and the entire economy) may last forever.
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.
Australia's latest retail figures are in, and it doesn't look good. The government needs to throw one hell of a sale.
The federal election might ensure that jobs growth stays strong for another month — but eventually it will succumb to gravity.
The question is: will either of our big department stores succumb to woeful conditions? And if so, who goes first?
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, Bernard Keane and Glenn Dyer write.