date:Oct 28, 2013
Data from the Australian Bureau of Statistics (ABS) states that discretionary spending over the past year has resulted in varying performance in the retail sector, with food retailers performing best.
A main contributor to the reduction in spending is believed to be the slowing of the mining boom as ABS data shows a reduction in sales growth in Western Australia from 10 percent to 2 percent over the past year.
According to the report, the Index was 1.8 percent higher in the September quarter t