JB Hi-Fi and Premier Investments are the pick of the retailers to withstand a downturn in discretionary spending as consumers grapple with rising petrol, higher grocery bills and mortgage expenses, according to a top analyst.
After more than a decade of dormant inflation, prices consumers pay for everyday items from baked beans to electronics to petrol are on the rise.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
