Australia's economic snapshot

POS SOFTWARE

The reserve bank issued its latest economic snapshot for May 2017

 

Compared to many overseas countries now its actually good but in comparison check out our economic snapshot for May 2016 and it does not look so good.

 

Although its not shown here the debt, checkout our debt clock here It's a worry.

 

For retailers, I can see that inflation is up, the workforce and earnings are about the same.