SBS On the Money: Early warm weather sees record consumer spendingdespite the rising cost of living

On the Money - Retail, Myers, shopping (Getty).jpg

Source: SBS News

Retail sales hit a record in September as warmer weather saw consumers bring forward some purchases, but will it add to the case for an official interest rates rise? SBS Finance Editor Ricardo Gonçalves speaks with AMP Chief Economist Shane Oliver for more, along with Stuart Roberts from Stocks Down Under for the market reaction. Plus Rhayna Bosch finds out why Australia should impose EU style compensation policies for cancelled flights with Ellis Taylor from Cirium Aviation.


Listen to Australian and world news, and follow trending topics with SBS News Podcasts.


Share

Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world