Saving the new fashion as financial pain hits retailers Tax cuts and energy rebates will help prop up family budgets but the long wait for interest rate cuts should keep spending subdued. AAP · May 28, 2024
Swift blip hides weak consumer that bodes well for RBA Cost-of-living pressures are forcing consumers to rein in their spending across most goods and services to afford one-off cash splashes. AAP · Mar 28, 2024
Feeble retail sales growth reflects stretched consumers Consumers appear to be spending more cautiously in a sign the Reserve Bank's mission to reduce inflation is working as intended. AAP · Sep 28, 2023
Households buckle under pressure, retail sales plunge to three-decade low First annual fall in retail sales volumes since 1991, except for pandemic. The Canberra Times · Aug 3, 2023
Retail trade beats forecast as sales lure in shoppers Retail turnover has risen by a stronger-than-expected 0.7 per cent in May as cash-strapped consumers take advantage of sales. AAP · Jun 28, 2023
Retail trade plateaus as interest rate rises take toll Australian are reining in their spending, although the winter chill prompted many to splash out on new clothes. The New Daily · May 26, 2023
Official data confirms Australia in a 'consumer recession' as retail sales drop Australians are buying significantly fewer goods at shops and department stores, new Australian Bureau of Statistics data show. ABC News · May 9, 2023
‘Smashing families’: Premiers take aim at RBA rate rises Three premiers have taken aim at the RBA over rapidly rising interest rates, following Tuesday's decision to impose another hike. The New Daily · May 3, 2023
Retail sales bounce back after festive season slide Retail turnover has improved after a softer-than-expected result in December largely attributed to evolving spending patterns. The New Daily · Feb 28, 2023
Annual inflation hits 7.3 per cent Housing, food and transport costs fed into a higher inflation score for November after a softer October result. AAP · Jan 11, 2023