Posts tagged "consumer spending"

When looking through the volatility of the past few months, retail turnover was unchanged in trend terms, reflecting a still high cost of living and elevated interest rates.

Online shopping, finance and insurance, and travel were the main drivers of spending growth, increasing by 3.9%, 3.6% and 7.6% over the year.

Constrained consumer spending, interest rate anxiety, and sheer exhaustion are likely to weigh on small businesses in 2024, advocates say, as entrepreneurs seek opportunity in what could be another challenging year.

It’s been more than 12 months since the RBA began raising interest rates to combat inflation, and consumers are really starting to feel th…

Consider this a friendly nudge — a call to action for every SME across every single industry — if the new 'super consumer' is not currently on your radar, you are leaving billions of dollars on the table.

The relationship between brands and customers is beginning to bare more resemblance to a tight-knit relationship than a transactional affair. And this is something that retailers can capitalise on.

Despite restrictions being lifted, CBDs may never return to the 'bustling metropolises' they once were, and suburbs will likely reign supreme.

The impact of the pandemic is continuing to show up in odd places. This time, consumer spending on sheets over shoes.

The government has pumped tens of billions of dollars into the economy, but households are shoving much of it under their mattresses.

The impact of the coronavirus pandemic on consumers will affect the Australian retail industry for years. Here are three reasons why.

The government passed an income tax cut last week to stimulate the economy, but business owners aren't waiting with bated breath.

National retail chain Focus Group has collapsed into administration, blaming "unsustainably high rents" for unprofitable operations.