I joined Kirsten Aiken on ABC The Business to discuss the challenges facing Australia’s retail sector. With higher interest rates slowing the economy and uncertainty around proposed tax changes weighing on consumer confidence, spending has softened across age groups. We explored the pressures facing traditional retailers, the accelerating shift to online shopping, the impact of global competitors, and why department stores such as Myer and David Jones continue to face long-term challenges as consumer habits evolve.
Watch here: Challenges grow for the retail sector, Glue the latest to close.