
Retail spending lowest in 20 years
Retail spending has posted its worst quarterly performance since the introduction of the GST 20 years ago, and the risks are it could worsen as Victoria locks down in its fight against the coronavirus.
Retail spending has posted its worst quarterly performance since the introduction of the GST 20 years ago, and the risks are it could worsen as Victoria locks down in its fight against the coronavirus.
Australia’s construction sector ended 2019 on a low note with deteriorating activity, new orders and supplier deliveries pushing a key industry index to its lowest mark since May 2013.
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