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In Australia, partial updates on consumption came in on the softer side. Growth in nominal retail sales turned negative in March, down –0.4% (0.8%yr), the decline broad-based across sectors, with food retailing the only segment to record a gain. Downward revisions to prior months also weighed on Q1’s nominal result, leaving it materially below expectations at just 0.2%. Based on data from the Q1 CPI, prices look to be offering nominal growth less support, with outright price declines observed across clothing and several consumer durables in recent months. ....
Airservices claims best performance in 12 months as delays plummet australianaviation.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from australianaviation.com.au Daily Mail and Mail on Sunday newspapers.
Borroloola Locals Relive Nightmare of Poor Emergency Aid miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
Australians warned to expect fewer but more ferocious cyclones abc.net.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abc.net.au Daily Mail and Mail on Sunday newspapers.
Scorching temperatures expected next week as heavy rain falls on NSW and Queensland this weekend abc.net.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abc.net.au Daily Mail and Mail on Sunday newspapers.