• Retail sales grew by 2.8% y-o-y (3mma) in the year to May 2018, reflecting the soft yet stable environment seen in the past year.
  • National retail rents were static in Q2 with the exception sub-regional shopping centres which recorded a drop of 1.0% q-o-q.
  • In July, consumer confidence rose to 106.1, the strongest result recorded in over four and a half years.
  • In 2017, Australian consumers spent $21.3b online, up 18.7% y-o-y.
  • Investment activity recovered in Q2 to total $2.2b, up 7.5% on the