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/u/Horatio4040 on ‘Levels not seen since the GFC’: NAB calls the retail recession

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‘Levels not seen since the GFC’: NAB calls the retail recession June 14, 2019 The bell has tolled for the ailing retail sector, with the National Australia Bank declaring the industry is "clearly in recession".

In just a month, business conditions dropped 2 points to a reading of +1 index points. But the weaker trend is more noticeable over a two-month period – with a 6-point fall since March.

If the middle-management level is feeling a little uncertain about their jobs, that’s when they don’t go into David Jones and Myer and spend their money,” he says. He cites NAB chief. He does not.

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Not. recession so there is no reason to get too gloomy. Growth is still likely to be fragile and constrained. In an ideal world now would be a time for some fiscal stimulus focused on.

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‘Levels not seen since the GFC’: NAB calls the retail recession The bell has tolled for the retail sector, with the bank declaring the industry is "clearly in recession". It’s a headache for retail landlords, and tenants.

It’s a headache for retail landlords, and tenants. ‘Levels not seen since the GFC’: NAB calls the retail recession Skip to sections navigation Skip to content Skip to footer

‘Levels not seen since the GFC’: NAB calls the retail recession. The bell has tolled for the retail sector, with the bank declaring the industry is "clearly in recession". It’s a headache for retail landlords, and tenants. Jonathan Lui and Dre Crd. Like.

There has been little consensus between the Government and the Opposition since Tony Abbott was elected to power in. That’s a sound and strong argument that would carry enormous weight if not for.

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