Livewire has acquired Market Index, the country’s leader in free stock market data.
Find out why.

The 'growth recession' hitting retail property - this data reveals a troubling long-term prognosis

Pendal Group

Pendal Group

The 'growth recession' hitting retail property - this data reveals a troubling long-term prognosis. For over five quarters Australia has registered annual growth at less than 1%, which is disturbingly news considering Australia's population growth stands at 1.8%. It's almost like a recession on an economic growth per capita basis and that is why things are tough for retail and are likely to remain tough. While rate cuts have prompted some improvement in sales, this streak won't continue. Australians just aren't interested in borrowing - they're keeping 24 months ahead of mortgage repayments and getting better at saving. Looking to the future, there's one warning signal investors should pay close attention to - because it typically correlates with a 2% drag on retail sales, closely followed by falling rents and weak property yields. What should we look out for? Find out more from REIT Portfolio Manager Julia Forrest (VIEW LINK)


Pendal Group
Pendal Group
Pendal Group

At Pendal Group, our vision is to combine the benefits of our strong institutional foundation and performance-focused culture with a multi-boutique specialist investment approach. We believe this approach firmly positions Pendal to achieve...

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.