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Tag Archives: retailtrade
Housing lending remains at super high levels
First, my thoughts go out to all those affected by the recent flooding in Queensland and northern NSW. The intensity of the rainfall was extraordinary – in Brisbane, 80% of a full year’s rain in a few days reportedly. While, … Continue reading
Posted in Housing, Macroeconomy
Tagged abs, australia, brisbane, floods, inflation, money, qld, queensland, rba, retailtrade
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No way Qld Gov’t can cancel 17 December reopening to other states – Omicron be damned
Fortunately, the Queensland Government gave a firm commitment to reopen the state to interstate visitors on 17 December, and I doubt the Omicron variant will force the Government to cancel that reopening. It would wreck the government politically, just as … Continue reading
Posted in Macroeconomy, Retail trade
Tagged abs, australia, coronavirus, covid-19, qld, queensland, retailtrade, tourism
3 Comments
ABS reveals big impact of lockdowns on retail trade + today’s livestream link
Let’s hope the Queensland Government doesn’t impose a lockdown in response to the new cases coming out of Goondiwindi, as the ABS’s estimates of retail turnover for September quarter show us once more the large adverse impact that lockdowns have … Continue reading
Posted in Macroeconomy, Retail trade
Tagged abs, australia, coronavirus, covid-19, lockdowns, qld, queensland, retailtrade
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Qld retail inquiry – industry demands greater consumer choice and removal of inconsistencies
The Queensland Parliament’s Education, Employment and Training Committee is undertaking an inquiry into retail trading hours which could lead to improved consumer choice and reduced inconsistencies, but will probably end up recommending minimal changes, I fear. Hopefully, it will at … Continue reading
Online retail falling away from 2020 highs
The big news on the Australian sharemarket yesterday was the 14% drop in the Kogan share price after a market update revealed a drop in earnings for the online retailer (see chart below). This probably should not have been such … Continue reading
Posted in Retail trade
Tagged asx, australia, coronavirus, covid-19, jobkeeper, jobseeker, kogan, onlineretail, retailtrade
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Unpacking the retail goods spending spree in 2020
Today’s Sunday Mail includes a good article by Jane Armitstead on The best-selling lockdown products we had to have: When the global pandemic hit, Queenslanders turned their focus to their homes and gardens with a boom in DIY projects. Homewares … Continue reading
Posted in Retail trade
Tagged australia, bunnings, ikea, qld, queensland, retailtrade, retailturnover
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Big test ahead for economy & will we regret all the lockdowns?
The latest retail trade figures from the ABS illustrate the challenge the Australian economy faces over the next few months with JobKeeper and the JobSeeker Coronavirus Supplement ending soon. Household disposable incomes have been boosted by all the generous assistance … Continue reading
Posted in Macroeconomy, Retail trade
Tagged australia, chiefhealthofficer, coronarvirus, covid-19, economicsexplored, jobkeeper, jobseeker, lockdowns, qld, queensland, retailtrade, schools
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Qld artisan liquor and craft beer bill could be much more ambitious
Regular QEW reader Andrew Aschman has alerted me to a current Queensland Parliamentary Inquiry into a bill which, among other things, would make it easier for artisan distillers and craft brewers to sell their products on or off their premises … Continue reading
Posted in Retail trade
Tagged alchohol, artisanliquor, craftbeer, craftbrewers, grog, hooch, iga, independentgrocers, liquor, qldgovernment, retailtrade, supermarkets
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Retail is Detail with Bruno Cortigiani of Merlai – my latest podcast episode
Although stimulus payments have helped Australia’s retail sector to a strong recovery in late 2020, the longer-term trend has not been great, and there have been concerns about a so-called Retail Apocalypse in Australia and other advanced economies. To thrive … Continue reading
Posted in Retail trade
Tagged customisation, ecommerce, economics, entrepreneurship, fashion, globalvaluechain, italy, madetomeasure, menswear, retail, retailapocalypse, retailtrade, smallbusiness, uniqlo, zara
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Chat with 4BC’s Scott Emerson about Qld economic outlook
I had a great chat this afternoon with 4BC Drive program presenter Scott Emerson about the Queensland economic outlook. Among other things, we chatted about the Deloitte Access Economics report which was nicely summarised by the Brisbane Times as ‘Queenslanders … Continue reading
Posted in Macroeconomy
Tagged coronavirus, covid-19, economicoutlook, insolvencies, jbhifi, jobkeeper, jobseeker, qldeconomy, retailtrade
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Queensland Economy Watch 