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CreditorWatch Blog

Retail Sales have a bounce in their step, but for how long?

Retail Sales have a bounce in their step, but for how long?

Reading Time: 2 minutes Harley Dale, CreditorWatch Chief Economist, comments on today’s ABS Retail Trade stats which saw retail sales jump 7.3 per cent in November 2021, reflecting a record value of sales in Australian history: “Today’s results have produced a spectacular outcome, providing a strong base for the challenges many SMEs are facing in early 2022.  “However,  November […]

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Mid-Year Economic and Fiscal Outlook (MYEFO) 2021-22

Mid-Year Economic and Fiscal Outlook (MYEFO) 2021-22

Reading Time: 2 minutes Commenting on today’s Mid-Year Economic and Fiscal Outlook (MYEFO) 2021-22, CreditorWatch Chief Economist, Harley Dale, says: The Mid-year Economic and Financial Outlook (MYEFO) presents a predictably optimistic update for the year ahead for Australia. This time last year bookings for cruise holidays in 2021 were soaring because of the belief that the worst of COVID-19 […]

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The latest NAB business results aren’t that bad

The latest NAB business results aren’t that bad

Reading Time: < 1 minute CreditorWatch’s chief economist, Harley Dale, comments on today’s NAB Business Confidence Index. November’s results saw a significant drop to a level of 12, from a downwardly revised 20 in October 2021: The latest NAB business results aren’t that bad “One might be forgiven for thinking that the result for the November NAB Business Confidence Index […]

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