The RBA’s rate cut could provide some much-needed relief.
Retail spending struggles to recover from December dip.
Modest boost leads to “weakest back-to-back results for 2018”.
But clothing stores miss out on the spending boost.
Household goods and apparel sales fell in month-on-month trading in July, while food and liquor categories drove the slight year-on-year bump in consumer spending.
Retailers have had to battle tough trading conditions for a long time – will things improve any time soon?
Sector smashes market expectations, but rag trade declines.
Retailers association disheartened by latest ABS figures.
September trade figures disappoint ahead of Christmas.
Upscale retailer halts plans, US retail sales improve.