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The Canberra Times
The Canberra Times
Natalie Vikhrov

ACT's rate of sales growth tops country as retail recession ends

ACT's retail growth is expected to outperform other states and territories this financial year before tax cuts and real wage growth help increase national spending in the second half of 2024, a new report from Deloitte Access Economics says.

Real retail sales in ACT are expected to grow by 0.8 per cent this financial year compared to negative 0.7 per cent nationally and 1.9 per cent in the next financial year, while retail sales grow by 2 per cent nationally.

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