Retailers call for urgent rate relief as inflation slows
Australian retailers are calling on the Reserve Bank to urgently cut interest rates as inflation slows and businesses struggle...
Australian retailers are calling on the Reserve Bank to urgently cut interest rates as inflation slows and businesses struggle with high cost-of-trading. Governor Michele Bullock held interest rates at 4.35 per cent this month, citing slowed economic growth and inflation holding steady at 3.4 per cent over the year to January. National Retail Association...