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1.Market Observations, 8.Was Sticky

10 May 2017 (TheAge) – Retailers on verge of a ‘recession’

(10 May 2017, The Age, BusinessDay, p23,  Mathew Dunckley, Patrick Commins)

‘There is no sign of respite for the nation’s struggling retailers, particularly department stores, as shoppers refuse to spend in the face on an uncertain economy. The latest retail sales data from the Australian Bureau of Statistics showed a 0.1 per cent fall in March at the same time as many economists had been tipping a rise.’

Read more at TheAge.com.au

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