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Spending plunge may dent economic growth

October 11, 2017

The sharpest fall in retail spending in more than four years has cast doubt on the Reserve Bank’s economic growth¬†forecasts and adds weight to expectations for a long run of unchanged interest rates. Retail turnover plunged 0.6 per cent to $25.9 billion in August, missing market expectations of a rise from July of 0.3 per […]

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