Australia’s retail sector has effectively been in recession for the last 18 months, says Deloitte Access Economics partner David Rumbens.
The author of Deloitte Access Economics’ Retail Forecast says the ABS June 2024...
While the Australian economy has dodged a recession in 2023 so far, the retail sector did not. Yet after three consecutive quarters of retail decline, the worst is over – the September...
As household confidence rises, consumer spending is expected to grow specifically during 2021-22.
However, it’s said that retailers will have to compete for consumers’ dollars as more opportunities for spending open up.
This is...
Despite the “deep recession” brought on by Covid-19 restrictions, says Deloitte, retail spending has been one of the “bright spots” in an otherwise difficult year for the Australian economy.
According to Deloitte, Australian...
