Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Economics

Daily economic update

The Australian Bureau of Statistics (ABS) reports that retail sales rose by a larger than expected 1.4 per cent in April, giving credence to the RBA's May decision to lift interest rates. However, continued weakness in the housing market puts into question the central bank's decision.

Upgrade your subscription to access this article

And gain access to:
  • All website content, including archived news
  • Home page news customisation
  • Tech Zone, your technical resource library
And more
Already A Subscriber?