January 20, 2025
Tangible Assets

Official Cash Rate decision: Retailers say OCR cut right in time for the festive season

“It’s really the first step. It always takes a little while, in my experience, for these things to drift through and be meaningful for people with housing interest loans and the like, but it is a mandatory first step.” Retail NZ chief executive Carolyn Young said the decision was an early Christmas present for the

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Fixed Assets

Financial institutions to report cash transactions above 750 euros to SRS

The State Revenue Service (SRS) will receive information from credit institutions and payment service providers on cash transactions at ATMs above 750 euros per transaction, reports the Ministry of Finance (MoF). The Ministry also points out that this requirement will not apply to purchases made in shops, therefore the shop will not have to report

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Intangible Assets

US retailers’ inventories above trend, no major demand push

The June 2024 U.S. inventory data, released by the Census Bureau, shows that retailers have been growing inventories, which further supports the notion that the strong growth in container imports was used to grow inventories, and not due to an underlying increase in consumer spending. “We mentioned how U.S. consumer spending data did not support

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