Tag Archives: retail

Health care business numbers up 17%, while retail, mining & farm business counts fall 8-9% over 2012 to 2016

The structural change the Australian economy has experienced in recent years, including the decline in manufacturing and the decline of small retailers, at the same time as health care and other service sectors are booming, reveals itself in the latest … Continue reading

Posted in Agriculture, Health, Mining, Retail trade, Uncategorized | Tagged , , , , , , , | 3 Comments

Valley the victim of retail trends

A report in last Thursday’s Courier-Mail highlighted the decline of Fortitude Valley as a retail hub: ‘Boarded-up shops and “for lease” signs are regular sights in Brisbane’s Fortitude Valley as retailers abandon the once-bustling area… …Chairman of the CBD’s Economic … Continue reading

Posted in Retail trade, Uncategorized | Tagged , , , , , , , | Leave a comment

Challenging conditions outside SEQ

In his recent commentary regarding strong growth in the retail sector, National Retail Association CEO Trevor Evans noted: “South East Queensland is performing strongly but performance in Queensland is being held back by issues in some areas…Some areas are living … Continue reading

Posted in Brisbane, Gold Coast, Infrastructure, Labour market, Mackay, Macroeconomy, Mining, North Queensland, Queensland Government, Townsville, Uncategorized | Tagged , , , , , , , , , | 11 Comments

RBA will almost certainly cut cash rate, but economy may be stronger than it thinks

Peter Martin, arguably the top economics journalist in Australia, appears to have been briefed by an RBA insider that the Bank will cut the cash rate next week to 2 per cent, a record low, and I’ve little doubt this … Continue reading

Posted in Macroeconomy, Retail trade | Tagged , , , , , , , , , , | 6 Comments

Lacklustre labour market gives added urgency to regulatory reforms

Job vacancies data released by the ABS yesterday suggest the Queensland labour market will remain relatively weak over the next few months at least (see chart above). The data are also consistent with Queensland Treasury’s forecast in the Budget that … Continue reading

Posted in Labour market, Macroeconomy, Retail trade | Tagged , , , , , | Leave a comment

Retail sector adapting to new frugality – big box shopping & affordable luxuries

Australia’s retail sector has had to adapt to the new frugality as a result of the financial crisis, and it appears that, among bricks-and-mortar retailers, only big box stores such as Bunnings have thrived. Yesterday saw the site launch of the … Continue reading

Posted in Macroeconomy, Retail trade | Tagged , , , , , , , , | Leave a comment