Light at the end of the tunnel for Australian retail sales - Aspire Planning Group

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Light at the end of the tunnel for Australian retail sales

When looking for growth in non-mining investments to fill the gap left by the mining investment boom, retail sales are critically important accounting for nearly 20% of economic activity in Australia. As is well known Australian retailers have had it tough for nearly four years now. Nominal retail sales growth has averaged 2 to 3% since 2010, which is less than half the 6% annual pace seen last decade.

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