The latest issue of Deloitte Access Economics’ Retail Forecasts projects that Australian retail sales will record their strongest growth in a decade in 2020-21, buoyed by travel restrictions, stimulus and a strong domestic economy.
However, growth will inevitably slow in 2021-22 as the economy opens up and consumers spend elsewhere:
Australia’s economic recovery has gone from strength to strength in 2021 – built largely on elevated consumer and business confidence…
