June Retail Sales Up, Electronics Strong
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August 2, 2019
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Australian retail sales jumped a sharp 0.4% in June, beating economist expectations for a 0.3% lift – buoyed by income tax cuts... Read More
May Retail Sales Soft
Australian retail sales grew ever so slightly in May, with the expected (and then delivered) Reserve Bank interest rate cut being credited... Read More
March Retail Sales Beat Forecasts
Australian retail sales jumped 0.3% in March [seasonally adjusted], beating market expectations for a 0.2% lift. The results follow a revised gain... Read More
February Retail Sales Smash Forecasts
Australian retail sales soared 0.8% in February, trumping analyst expectations for a 0.3% jump. It follows a disappointing 0.1% lift in January.... Read More
Myer Slash 50 Jobs Amid Turnaround
Embattled department store, Myer, has reportedly slashed around 50 jobs across management and marketing, following a thorough review of its “customer first”... Read More
November Retail Sales Beat Forecast
November retail sales have beat analyst expectations, notching 0.4% growth versus 0.3% forecast. The Australian dollar has since spiked over 0.2% to... Read More
October Retail Sales Up 0.3%, Online Soars
Australian retail sales remained subdued in October, lifting 0.3% [seasonally adjusted] in line with analyst expectations. Excluding food (-0.9%), retail turnover jumped... Read More
Oz Unemployment Steady At 6 Year Low
Latest numbers from the ABS reveal Australia’s unemployment rate has remained near a six year low of 5%. It follows a better-than-expected... Read More
Retail Sales Miss Forecasts, Department Stores Flat
The ABS claims retail turnover jumped 0.2% in September, missing economist forecasts for a 0.3% lift. The results saw a minor spike... Read More
Roy Morgan Claims “Real” Unemployment 11%, Two-Year High
Roy Morgan has refuted the Australian Bureau of Statistics unemployment results, asserting “real” unemployment notched 11% in August, almost twice the announced... Read More
