Tag: June

The Australian Retailers Association said the ABS July Retail Trade figures released yesterday showing a 0.7 percent growth in July retail trade was “not good enough”.

Retail trade in Australia has improved, but only by 0.2 percent in June, repeating the 0.2 percent growth in retail sales recorded by the ABS in May this year.

Mortgage owners can breathe a sigh of relief as the Reserve Bank appears unlikely to further raise interest rates above 4.5 per cent in June.