Home Forums Selling online NAB Online Retail Sales Index August 2019

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  • #999791
    John Debrincat
    Member
    • Total posts: 963

    Encouraging news for online retail leading in to the holiday buying period.

    The NAB Online Retail Sales Index returned to strong growth (+5.7%) in August on a month-on-month, seasonally adjusted basis. This follows two considerably weak sales months in June and July.

    https://business.nab.com.au/nab-online-retail-sales-index-monthly-update-august-2019-36914/

    #1221379
    Paul – FS Concierge
    Moderator
    • Total posts: 3,126

    Hopefully we see some growth at the small end of town!

    #1221380
    businesstrade
    Participant
    • Total posts: 210

    I don’t think we’re out of the woods yet. Still lots of bad signs, car industry slowing down, construction industry, slowing retail, investor loans as % of home loans. Time will tell I suppose.

    #1221381
    bb1
    Participant
    • Total posts: 4,472
    BusinessTrade, post: 267410, member: 113709 wrote:
    I don’t think we’re out of the woods yet. Still lots of bad signs, car industry slowing down, construction industry, slowing retail, investor loans as % of home loans. Time will tell I suppose.

    Can you please tell me where I can get a 0% loan here in Australia,

    #1221382
    businesstrade
    Participant
    • Total posts: 210
    bb1, post: 267413, member: 53375 wrote:
    Can you please tell me where I can get a 0% loan here in Australia,

    Give it a few more years, we’re on our way there.

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