From creditorwatch.com.au: Retail sales in Australia were largely unchanged in December, decreasing by 0.1% month-on-month but showing a 4.6% increase compared to December 2023, with overall turnover remaining significantly higher than pre-COVID levels.

The data suggests that the Reserve Bank of Australia may reconsider its stance on interest rates, as low inflation rates and increased total sales hint at a moderation in price concerns despite looming tariff impacts.

Western Australia experienced the highest sales turnover, while other states saw strengthening growth trends, particularly in household goods and eating establishments.