Submissions to Government

Retailers said today’s Reserve Bank of Australia’s decision to hold the cash rate at 4.10% is a significant blow for consumer and business confidence that will delay the recovery of the retail sector. The Australian Retailers Association (ARA) and National Retail Association (NRA) said weak consumer spending and high business...

Australians continued to spend more across retail compared to the same period last year, with the latest data from the Australian Bureau of Statistics (ABS) showing consumer spending during February 2025 at $37.1 billion, 3.6% higher than February 2024. The ‘other retailing’ category – which includes cosmetics, sports, and recreational...