The Government's low and middle-income tax cuts are likely to boost household spending, but ANZ's economists warn retailers may not benefit like they did in 2008/09.
New car sales have fallen for 14 straight months in Australia and global sales are tipped to fall the most in two decades, as structural shifts such as car sharing also present challenges down the road.
Sunday retail and hospitality workers are set for another penalty rate cut on July 1, but small businesses say the reduction is not enough to make much of a difference to their struggling operations.
Evidence is emerging that a growing wave of businesses are going to the wall as the end of the financial year approaches.
The retail market is especially tough for the humble local newsagent, with many of them being forced to expand their services to stay in business.
Anxiety about the economic slowdown and job security are evident in the latest consumer sentiment survey and point to households preferring to save than spend.
Amazon announces new drones to deliver packages in less than 30 minutes as well as a new app — dubbed "Shazam for clothes" after the popular music-identifying app — that can identify clothing styles.
Beneath the mushrooming new apartment complexes lurk lines of unlet and unloved shops that are killing suburban shopping strips, but can anything be done to bring them back to life?
Thefts are up 12 per cent in South Australia over the past year, which police blame on lax security by retailers. The Opposition says it's down to police funding cuts.
Far worse than expected retail sales figures will put the Reserve Bank under even more pressure to cut rates.