
Australian Retail Health Index Drops to Negative 1.07 as Insolvencies Rise
A quarterly fall of 11.4 per cent in consumer sentiment pushed 254 Australian retailers into insolvency as job vacancies dropped.
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35 stories in this topic

A quarterly fall of 11.4 per cent in consumer sentiment pushed 254 Australian retailers into insolvency as job vacancies dropped.

An identical grocery basket climbed from $214 to $232 between March 2025 and July 2026, driving Australian households toward private labels and cheaper proteins.

Coles reported a 6.1 per cent jump in private-label sales while furniture and electronics retailers Harvey Norman and Nick Scali posted sharp sales declines.

Department store revenue climbed 4.3 per cent even as nationwide apparel sales dropped 6.6 per cent during the month.

The sharper-than-expected decline marks eight straight months of contraction as households cut back on food and transport.

Underlying consumer price growth in August stood at 2.5 per cent once a one-off mobile billing distortion was removed.

Energy regulators target a November rollout after reclassifying lost power as a pass-through cost rather than taxable utility revenue.

Higher poultry, cooking oil and gold jewelry prices pushed annual inflation up from 2.28% in July, though consumer price gains stayed within Bank Indonesia’s target band.

Young domestic shoppers and regional pop icons are propelling Bangkok ahead of traditional Southeast Asian shopping hubs for high-end fashion houses.

Online shopping reached HK$2.8 billion during the month as jewellery and watch sales led gains across the territory.

The French luxury house pulled its presence from the regional market after facing consumer backlash over intellectual property litigation.

McKinsey data shows three quarters of cosmetics executives are pushing for revenue expansion even as consumer acquisition costs climb.

Data from fintech platform Kiwi shows instant delivery apps take 2.6 per cent of young consumers’ wallets compared to 0.85 per cent spent at supermarket chains like D-Mart.

Makati leads urban household earnings at 796,990 pesos a year while five Mindanao provinces post the country’s lowest purchasing power.

Electric vehicle maker BYD and luxury jeweller Laopu Gold lead a lineup of roughly 370 regional index members reporting financial results this week.

Double-digit revenue and profit gains show budget-conscious consumers continued buying accessories despite tightened household spending.
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