You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

14 June 2017 (AFR) – ‘Tough’ retail outlook triggers calls for personal tax cuts

(14 June 2017, AFR, p3, by Sue Mitchell)

Growth in household income and wages (%YoY)‘The weak outlook for retail spending has prompted renewed calls for personal tax cuts to offset rising household debt, anaemic wages growth and higher living costs. After the toughest quarter for retailers in six years, Deloitte Access Economics expects retail spending growth to slow to 3 per cent in 2016-17, compared with an average 4 per cent over the last five years’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

Advertisements

About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: