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The Australian Retailers Association (ARA) has called for stimulus in its pre-Budget submission:
The nation’s retailers are calling for a range of emergency measures led by tax cuts, rental relief, government-backed investments in digital technology and a strengthening of the supply chain to be included in the federal budget.
These would help prop up the $360bn retail sector that has suffered greatly through the Covid-19 pandemic.
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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