Tag: Deloitte

Holiday shoppers to tighten purse strings

Cost of living pressures and the associated belt tightening are driving consumer spending intentions and actions, and this is set to continue into the 2024 holiday retail season. According to the 13th edition...

Retail recession – the sequel

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...

Steady rise in retail sales expected in 2024, Deloitte

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...

RBA cash rate pause at 4.35%

The Reserve Bank of Australia decided to leave the cash rate target unchanged at 4.35% in its final monetary decision before Christmas. Today’s cash rate pause provides some relief for consumer and business...

Deloitte 2023 Retailers’ Holiday Report

Targeted promotions and discounting to increase as retailers respond to challenging economic times. Just as Australian retailers ready themselves for another all-important holiday trading season, they are confronting challenging economic conditions and related...

Retailers welcome third consecutive interest rate pause

At its meeting today, the Board of the Reserve Bank of Australia decided to leave the cash rate target unchanged at 4.1% and the interest rate paid on Exchange Settlement balances unchanged...

RBA rate pause provides relief to businesses

To the relief of Australians struggling with cost-of-living pressures, the Reserve Bank of Australia (RBA) decided to halt its record-breaking run of interest rate hikes, conceding to signs that both inflation and...

Everyday habits turning climate ambition into action

What we buy, where we work and what we expect from our leaders can all be influenced by our attitudes to climate action. So, what can individuals, businesses and governments learn from...
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