The impending end of the fuel tax relief could potentially put the brakes on consumer spending as home improvement retailers including Bunnings say shoppers are focusing on value to stretch budgets.
“While a modest share of spending, it is a deemed ‘grudge’ purchase, with the price frequently observed such that it could impact overall spending,” retail analyst Shaun Cousins wrote in a note to clients this week. Retailers in the DIY and home goods sectors agree that consumers are paying much closer attention to the individual price of products.
The retailer is also focused on the breadth of its ranges across all of its categories in hopes of appealing to shoppers regardless of the price point, he said.
MsEmmaK Looks like I’ll have to put my rents up again.
MsEmmaK I know many who have delayed doctor visits after Medicare bill billing was destroyed by albo and AustralianLabor
MsEmmaK But not spending 240 billion on high income tax cuts. No one left behind AlboMP Bullshit, ScoMo would be proud.
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