Categories
Political Commentary

Australia’s Retail Recession Grows

#Retail #Recession #Australia Australia’s retail recession continues to grow with a huge David Jones write down in value. Let’s look at some indices and anecdotes about Mainstreet. References David Jones value cut by another $437 million as Australian ‘retail recession’ hits hard https://www.news.com.au/finance/business/retail/david-jones-value-cut-by-another-437-million-as-australian-retail-recession-hits-hard/news-story/5f23466fb5a0a4c45ef658435ae581e5

Categories
Construction Economy

Tradies Slowing Down

#Business #Australia #Recession Tradies and small businesses are slowing down as business conditions are worsening. With tradies seen as the canary in the economic coal mine, what does this mean for the economy? References https://mobile.abc.net.au/news/2019-07-26/business-conditions-worsen-for-small-and-medium-enterprises/11346742?pfmredir=sm