Retail Sales and Consumer Spending - Australia - June 2024



Source - Westpac


Australian retail sales rose by 0.5% month-on-month in June, according to a Wednesday report from the country's Bureau of Statistics.

The country's monthly turnover landed at 36.2 billion Australian dollars and compared to June 2023, climbed 2.9%.

Retail volumes on a per capita basis dropped for the eighth straight quarter, reducing by 0.9%, while retail spending per person was down by 3% compared to this time last year.


Source - https://breakingthenews.net/Article/Australia%27s-retail-sales-up-by-0.5-in-June/62462952


  1. Consumer confidence - https://www.brokernews.com.au/news/breaking-news/consumer-confidence-climbs-over-fortnight-285276.aspx
  2. Retail Technology -https://www.aicd.com.au/innovative-technology/digital-business/how-tech-is-ramping-up-retail-in-australia.html
  3. Consumers are demanding more insight into retail social and corporate governance policies - https://www.retailbiz.com.au/topics/supply-chain/building-customer-trust-with-a-unified-esg-strategy/
  4. Collapse of Carl's Jr. Australia - https://www.dailymail.co.uk/news/article-13683901/US-burger-chain-Carls-Jr-collapses-Australia-shutting-dozens-stores.html
  5. Retail online - https://business.nab.com.au/nab-online-retail-sales-index-june-2024/
  6. Grocery stores - https://www.reuters.com/article/world/australia-s-woolworths-year-profit-up-26-pct-idUSSYU005010/ Woolworths Group
  7. Retail prices - https://www.sharecafe.com.au/2024/07/31/retail-sales-surge-hides-underlying-weakness-in-australian-economy/
  8. Market performance - https://simplywall.st/markets/au/consumer-staples/food-staples-retail
  9. Retail / Generative AI - https://powerretail.com.au/embracing-generative-ai-the-future-of-ecommerce-that-consumers-want-and-expect/
  10. Warehousing - https://www.advancedbusinessmanager.com/the-2024-warehousing-and-distribution-landscape-in-australia-challenges-and-solutions-through-advanced-business-manager/


Paul is a former IBM Customer Success Manager that has deployed over 300 data and AI solutions across industry and geographies for the past 8 years. Paul is a Financial Planning, Analysis, and Reporting SME working with data including integration of macro and micro indicators as part of the integrated business planning and reporting cycle.

[email protected]

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