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Showing 1 - 10 of 698 results for "retail sales"

Why this fundie sees the economy making a hard landing

ANDREW MCKEAN  |  MONDAY, 25 MAR 2024
... pain ahead, and the path is edging closer to a hard landing. The deteriorating state of the consumer, flatlining retail sales and falling company cashflows are the biggest risks to the downside," Birtles said. He also noted that with 1.5% annual real ...

Markets, economies benefit from eustress: ABDO

KARREN VERGARA  |  WEDNESDAY, 20 MAR 2024
... it is no surprise that consumer sentiment has plummeted to new lows. Consumer confidence, particularly data from retail sales, is still in negative territory and sits at a low not seen since the 1990s recession, Paton said. "Don't expect to see the ...

Mercer Super loses state leaders

ELIZABETH FRY  |  FRIDAY, 19 JAN 2024
... consultant and as a funds management administrator at Perpetual. This is on top of a 17-year stint at Harris Markets in retail sales.

Inflation data not encouraging: Powell

CASSANDRA BALDINI  |  FRIDAY, 20 OCT 2023
... "Indeed, economic growth has consistently surprised to the upside this year, as most recently seen in the strong retail sales data released earlier this week," he said. "Forecasters generally expect gross domestic product to come in very strong for the ...

Challenger posts record annuity sales

CASSANDRA BALDINI  |  TUESDAY, 17 OCT 2023
... new business annuity sales increased to 9.8 years in the quarter, up from 5.5 years in the pcp. Meanwhile, domestic retail sales decreased 4% to $945 million, reflecting higher lifetime annuity sales and fixed term annuity sales of two years or more ...

TAL launches new look Accelerated Protection range

JAMIE WILLIAMSON  |  MONDAY, 11 SEP 2023
... Protection products to extend our proposition to meet the needs of a broader set of customers," TAL general manager, retail sales and new business Beau Riley said. At the same time, he said it's understood many Australians are experiencing cost of living ...

Challenger Life books record annuity sales

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
... $700 million (up 49%). Some 74% of new business annuity sales were longer dated at two years, up from 50% in FY22. Retail sales were also supported by an increase in adviser quoting levels, up 59% on the prior corresponding period. Institutional sales ...

Inflation falls to 6%

CASSANDRA BALDINI  |  WEDNESDAY, 26 JUL 2023
... to retreat to within the target band of 2-3% this year," he said. "Rebounding housing activity and prices, robust retail sales and near full employment do not point to an economy on the brink of a significant slowdown. The RBA is clearly not done with ...

Cash rate hits 4.1%

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
... the edge. Diana Mousina, deputy chief economist at AMP, said signs that the economy is weakening are everywhere. Retail sales has slowed, the unemployment rate is rising, building construction is collapsing, and this is all occurring at a time that the ...

Economists divided over cash rate decision

ANDREW MCKEAN  |  MONDAY, 5 JUN 2023
... is unlikely, but equally can't be ruled out. "The arguments for holding steady include that: the recent falls in retail sales and building approvals suggest weakening growth; the April jobs numbers suggested the labour market is loosening; the Q1 wages ...
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