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Pulse: Retail Update – Stimulus induced bounce back

Discretionary retail spending rises in Q2 2012, boosted by Government cash hand outs and lower interest rates. The recent acceleration in turnover growth has been relatively broad-based across the different retail categories and Australian states, contrary to the past few years where trends have been very mixed. Nevertheless, it could take some time for the recovery in retail spending to flow through to tenant demand as many retailers take time to rebuild margins.​

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