Retail sales figures show NSW consumers shutting their wallets from August last year, when Scott Morrison became Prime Minister.
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.
Data this week shows the economy has slowed in the June quarter, maybe significantly, write Glenn Dyer and Bernard Keane.
The economy is losing steam in the second quarter of the year, and the budget didn't help. But RBA governor Glenn Stevens says interest rates will be steady for a long time to come, Glenn Dyer and Bernard Keane write.
This week's jobs data aren't anything to be worried about but it's clear the strong economic start to 2014 hasn't been maintained, Bernard Keane and Glenn Dyer write.
Consumer sentiment has responded negatively to the budget, but it remains to be seen if that translate into real economic consequences, Glenn Dyer and Bernard Keane write.
As we head toward the 2014-15 budget, we've been given a clear view of how the economy is travelling, and the risks of a harsh budget, Bernard Keane and Glenn Dyer write.
Myer is moaning about the tough times in retail, but Kmart has managed to do well in tough times. Take note, Bernie Brookes -- the comparison is stark.
Retailers' arguments that we should impose the GST on online imported purchases ignore the point that other, more obvious GST fixes will yield far more money. Glenn Dyer and Bernard Keane report.