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...
