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Retail sales begin to slow as lockdowns take their toll

Wednesday 21 July 2021 Lockdowns in Victoria and Greater Sydney have contributed to a 1.8% fall in retail sales in June compared to the previous month, according to preliminary figures released today by the Australian Bureau of Statistics. Australian Retailers Association CEO Paul Zahra said month on month sales in Victoria fell 3.5% and dropped 2% in NSW, given the Covid restrictions that were imposed in Australia’s two largest states. However, despite the lockdown impacts through the year sales remain positive, up 2.9% compared to June 2020. “Today’s figures for June come as no surprise with Victoria battling its fourth lockdown earlier in the month and Greater Sydney subject to stay-at-home orders a couple of weeks later,” Mr Zahra said.

Australia retail sales slump in June on virus lockdowns

June slump in Australia s retail sales clouds third-quarter growth outlook Reuters 8 hrs ago By Swati Pandey © Reuters/Steven Saphore FILE PHOTO: A shopper holds items and looks at others on sale at a clothing retail store in central Sydney, Australia By Swati Pandey SYDNEY (Reuters) - Australian retail sales slumped in June as coronavirus lockdowns and mobility restrictions in much of the country hit demand, casting a shadow over the outlook for growth in the third quarter as COVID-19 cases continue to rise. Retail turnover in June fell 1.8% from a month earlier, the biggest drop this year, preliminary figures from the Australian Bureau of Statistics (ABS) showed on Wednesday. That compared with a larger-than-expected 0.4% gain in May and a median forecast for a 0.5% drop.

Covid-19 Australia: half of voters want lockdown and border closures dumped as more are vaccinated

More than half of Australians want lockdowns and border closures scrapped as more people get vaccinated and those too afraid to get the jab are coming around. A Resolve Political Monitor study found 54 per cent agreed and 19 per cent disagreed with 27 per cent yet to make their minds.   Almost exactly the same numbers agreed people who were fully vaccinated should have more freedoms than than those yet to get the jab. 54 per cent of voters believe lockdowns and border controls should be scrapped as more Australians line up to get the Covid-19 jab Australians are divided over granting vaccinated people more freedoms and benefits while younger age groups still don t have the vaccine available to them

Australia retail sales June slump cloud Q3 growth outlook

Slump in Australia retail sales in June clouds Q3 growth outlook Toggle share menu Advertisement Slump in Australia retail sales in June clouds Q3 growth outlook FILE PHOTO: Shops available for lease are seen in an empty shopping arcade on the first day of a five-day lockdown implemented in the state of Victoria in response to the coronavirus disease (COVID-19) outbreak in Melbourne, Australia on Feb 13, 2021. (Reuters/Sandra Sanders) 21 Jul 2021 11:59AM (Updated: 21 Jul 2021 08:12PM) Share this content Bookmark SYDNEY: Australian retail sales slumped in June as coronavirus lockdowns and mobility restrictions in much of the country hit demand, clouding the outlook for the third quarter as COVID-19 cases continue to rise.

Australia COVID: CPA warns businesses face rough ride without post-lockdown aid

Australia COVID: CPA warns businesses face rough ride without post-lockdown aid
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