The retail recession is starting to influence the real estate sector.
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Retail Recession Hits Real Estate
Tag: Retail Recession
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Kaufland Abandons Australia
Kaufland Abandons Australia and takes a half a billion dollars of investment from Victoria.
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David Jones Closing New Store
David Jones is closing a brand new store in Brisbane.
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Australia's Health Disaster
Australia is facing a national health disaster.
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Big W Closing 30 Stores
The Retail Recession continues with Big W beginning the process of closing 30 stores.
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US Retail Figures Down
US retail figures are below pre Christmas expectations. A sign of the growing retail recession?
#Woolworths #Economy #HeiseSays Woolworths has underpaid 5700 employees. Will we hear more stories as the retail recession growes? References https://www.news.com.au/finance/business/retail/woolworths-underpays-staff-300-million/news-story/20d62c31d3dec7f5157889453cfdbffc
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Consumer Confidence is up
#ConsumerConfidence #Westpac #Retail Westpac has reported that Consumer Confidence is up in August. A sign that the retail recession is turning around or simply the result of the tax rebate and the start of a new financial year? Let’s make sure to check next month when people receive the credit card bills. References Investopia Westpac […]
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JB Hi-Fi Bucks the Retail Recession
Unemployment #Recession #Retail JB Hi-Fi has bucked the trend and avoided the impact of the retail recession. A turn-around or simply a result of their product brand a people naively spending a tax-cut like a handout? References JB Hi-Fi announces strong profit, despite bleak retail conditions https://www.abc.net.au/news/2019-08-12/jb-hi-fi-results-profit-tough-retail-sector/11404608?section=business
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Negative Interest Rates
#NegativeInterestRates #Recession #Australia The prospect of Deeply Negative Interest Rates is becoming a reality with a highly cashless society. Let’s re-look at a recent IMF blog post about this issue to help raise awareness of every Monetarist dream. References Currency (Restrictions on the Use of Cash) Bill 2019 https://www.treasury.gov.au/consultation/c2019-t395788 SIT Black Money Report: Here are […]