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

19 Sept 2019 (AFR) – Retailers say stimulus will take months to flow through to sales

(19 September 2019, AFR, p17, Sue Mitchell, Senior Reporter)

‘Retailers say stimulus from tax cuts is likely to take months rather than weeks to boost retail sales, while record low interest rates are spooking consumers rather than spurring them to loosen their wallets. The chief executives of Australia’s largest shopping centre owner, Scentre Group, online fashion retailer The Iconic and leading footwear retailer Accent Group say there are no signs that billions of dollars of stimulus aimed at boosting spending is flowing through to the embattled retail sector.’

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 )

Google photo

You are commenting using your Google 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 )

Connecting to %s

Advertisements
%d bloggers like this: