A blog on issues affecting Australia's newsagents, media and small business generally. More ...

Welcome interest rate move will help retailers

The latest cut in the cash rate by the RBA has come at a good time for retailers as it will further boost consumer confidence as they consider Christmas spending.

We are using the news by making sure all team members know about it and are ready to reinforce the confidence it brings.

While only small, we have seen a change this size boost shopper confidence – based on what people say and even how they act. Given the nature of our business, newsagents are likely to see a reaction sooner than some other retailers.

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