The challenges underlying retail's rebound

The value of retail sales continues to grow but stagnant income growth will pose some obstacles, while our exports sector will provide little relief.

Retail trade has rebounded somewhat over the past couple of months but can the household sector overcome declining real wages and rising unemployment? Similarly, while exports improved during July, that market isn’t without its challenges. Can our smaller iron ore producers overcome falling commodity prices and keep their heads above water?

Retail trade


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