Tag Archives: clothing

Bunnings & Masters doing well, but clothing retailers struggling

Yesterday’s retail turnover data from the ABS were unimpressive and have added to the case for a rate cut by the RBA Board today, which is almost a certainty. Our sluggish retail turnover reflects both Australia’s high savings rate in … Continue reading

Posted in Macroeconomy, Retail trade | Tagged , , , , , , , , | 2 Comments