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Which states are in ‘the slow lane’ for retail spending?

Ronald Mizen
Ronald MizenPolitical correspondent
Updated

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Retail sales in Victoria and Queensland are lagging the rest of Australia on a per-person basis, while Western Australia tops the spending charts, though households in the west are still coming under pressure.

Retail sales nationally rose a resilient 0.6 per cent in May, but there was little to celebrate for businesses, with the Bureau of Statistics attributing the rise to strong discounting before the new financial year.

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Ronald Mizen is the Financial Review’s political correspondent, reporting from the press gallery at Parliament House, Canberra. Connect with Ronald on Twitter. Email Ronald at ronald.mizen@afr.com

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    Original URL: https://www.afr.com/policy/economy/retail-sales-jump-0-6pc-on-heavy-eofy-discounting-20240703-p5jqpe