Paul Bloxham: HSBC chief economist on Australia's retail sales rebounding after winter downturn
Heather du Plessis-Allan Drive · Newstalk ZB
October 1, 20243m 35s
Audio is streamed directly from the publisher (pdst.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Australian retail sales rebounded by more than expected in August as warmer weather brought forward spring spending after a midwinter slump.
According to the Australian Bureau of Statistics, retail sales rose 0.7 percent - beating out initial predictions of 0.4 percent.
HSBC chief economist Paul Bloxham says it's clear recent tax cuts have driven up consumer spending.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Topics
businessretailAustralia