Sluggish January retail sales following December slump

The retail trade figures released by the Australian Bureau of Statistics (ABS) today revealed that sales for January remained...

The retail trade figures released by the Australian Bureau of Statistics (ABS) today revealed that sales for January remained sluggish but were an improvement on the December 2017 slump. The ABS figures show that retail turnover rose by 0.1 per cent seasonally adjusted in January, following a drop of 0.5...

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Message from the CEO: 9 May 2017

The Reserve Bank of Australia (RBA) again kept interest rates on hold at an historic low of 1.5 per...

The Reserve Bank of Australia (RBA) again kept interest rates on hold at an historic low of 1.5 per cent last week. The RBA Governor, Phillip Lowe, confirmed that inflation was beginning to move in line with expectations, meaning that spending is gradually picking up throughout the economy. This resulted...

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Message from the CEO: 19 December 2016

I know that you are all operating at a frantic pace in the days leading up to Christmas and...

I know that you are all operating at a frantic pace in the days leading up to Christmas and I have been pleased to see the increase in foot traffic throughout the nation as I travel around. Since my appointment as NRA CEO in July this year, I have greatly...

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Message from the CEO: 8 August 2016

Last week saw two lots of major news for the retail sector, and overall it was a mixed bag....

Last week saw two lots of major news for the retail sector, and overall it was a mixed bag. Tuesday’s announcement by the Reserve Bank of a cut to official interest was good news at first glance, even though it carried the underlying warning from the RBA of weakness...

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