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Australia's Retail Spending Soars 4.9% Amid EOFY Sales

8/2/2025

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Summary

Story summary

In June, Australia experienced a vibrant 4.9% surge in retail spending, fueled by robust EOFY sales, as reported by the Australian Bureau of Statistics. Every category thrived, with "other retailing" soaring by 6.9%. Australian Retailers Association CEO Chris Rodwell called for interest rate cuts and policy reforms to bolster the $430 billion retail landscape, particularly aiding small businesses.

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Story summary

In June, Australia experienced a vibrant 4.9% surge in retail spending, fueled by robust EOFY sales, as reported by the Australian Bureau of Statistics. Every category thrived, with "other retailing" soaring by 6.9%. Australian Retailers Association CEO Chris Rodwell called for interest rate cuts and policy reforms to bolster the $430 billion retail landscape, particularly aiding small businesses.