Retail growth stagnates as RBA refuses to budge on rate cuts
Australian retailers are calling on the Reserve Bank to urgently cut interest rates as retail growth stagnates from low...
Australian retailers are calling on the Reserve Bank to urgently cut interest rates as retail growth stagnates from low spending and high cost-of-trading. Governor Michele Bullock held interest rates at 4.35 per cent this month, citing that inflation has fallen substantially since its peak in 2022. National Retail Association Director Rob...