Final Winter Clearance Weekend, CBA Ex Div Wednesday, JB Hi Fi and BHP Results Ahead. | It s On Sale Daily Brief, 15 August 2026

Saturday, and this is the final full-choice weekend to grab winter stock before spring floor sets land Monday 18 August. Reporting season peaks in the week ahead: JB Hi Fi FY26 Monday, BHP FY26 Tuesday, ABS July Labour Force Survey Wednesday morning, CBA final dividend goes ex on Wednesday. Zara Australia profit slid 25 per cent in the latest annual filing per Ragtrader. Amazon extended same day delivery to Adelaide, squeezing weekend fulfilment margins for local retailers. Today’s Top 5 opens with Kick Push Skate at up to 80 per cent off skate hardware, followed by Betts at up to 70 per cent off footwear and Sportsgirl at up to 70 per cent off womens fashion.

Final Winter Clearance Weekend: Two Days To Buy the Coat

Saturday 15 August and Sunday 16 August are the final two full-choice days for winter stock at major Australian fashion, footwear and homewares retailers. From Monday 18 August, spring floor sets land in stores and remaining winter stock is pulled to warehouse or online-only clearance pages. Practically this means: the coat rack you saw last week at 40 per cent off is at 60 per cent off today and 70 to 80 per cent off by Sunday afternoon, but the size and colour choice narrows every hour. By Monday morning, the wall becomes lightweight jackets, transitional knits, spring dresses and pastel tees. This weekend is when the year’s deepest sale prices on winter woollens, sheepskin boots, heavy denim, thermals, doonas and throws converge with the last of the pre-transition size range.

Weekend tactical actions for Australian shopper households. First, prioritise categories that get pulled Monday: heavy coats, chunky knits, sheepskin boots, thermals, flannel sheets, winter doonas. Second, size up before you size down. If your usual size is a Medium, check Large first because the popular sizes go first at the deepest discounts. Third, buy 12 months ahead for kids’ winter uniforms and school jackets. Australian retailers rarely repeat the same discount depth on winter stock until the following July clearance. Fourth, keep receipts and tags on: most stores extend change of mind exchanges through the transition period, but each has its own window. Fifth, if the store lists free Australia wide shipping over a threshold (Betts from 100 dollars, Sportsgirl from 100 dollars, most others from 100 to 150 dollars), combine winter picks with a spring transition piece to hit free freight and avoid the courier fee.

Week Ahead: FY26 Reporting Season Peaks

Four dates matter for Australian shopper wallets across the coming week. JB Hi Fi reports FY26 Monday 17 August, market watching for underlying sales growth in the June quarter and any commentary on the pace of Q1 FY27 trading through August. BHP reports FY26 Tuesday 18 August, with the final dividend and iron ore realisation the two consumer-adjacent watchpoints (superannuation exposure sits in the AUD franking pool). Wednesday 19 August is a double header: the ABS releases the July Labour Force Survey at 11:30am AEST with Trading Economics forecasting unemployment at 4 point 5 per cent up from June’s 4 point 4 per cent, and CBA shares go ex-dividend for the FY26 final of 2 dollars 70 cents per share fully franked. Thursday 20 August adds Brambles and Goodman Group, both indirectly relevant to warehouse rents and last-mile logistics costs that flow through to retail pricing.

For household budgets the July jobs print is the single most consequential release of the week. If unemployment prints at 4 point 5 per cent as Trading Economics forecasts, weakening jobs momentum pushes RBA November hike odds materially lower and gives 3 point 3 million mortgaged households a clearer glide path into Christmas. If July prints BELOW 4 point 4 per cent with continued strong employment growth, the RBA’s hawkish August rhetoric converts into a real November move and household budgets tighten. Watch three sub-numbers alongside the headline: participation rate (record highs signal hidden strength), hours worked (softening signals hiring restraint), and underemployment (June’s 6 point 5 per cent was the highest since August 2024). All three together tell the fuller story.

CBA Ex-Div Wednesday: 2 Dollars 70 Cents Fully Franked

Commonwealth Bank of Australia (ASX: CBA) declared a final dividend of 2 dollars 70 cents per share fully franked with the FY26 result on 12 August, taking the full year total to 5 dollars 05 cents fully franked, up 5 cents on FY25. Shares closed Thursday 13 August at 169 dollars 00 cents, down 2 point 15 per cent on the day per Motley Fool coverage of next week’s ex-div calendar. Ex-dividend date is Wednesday 19 August, record date Thursday 20 August, DRP election deadline Thursday 21 August, and payment date Monday 29 September 2026. For the 850,000 CBA retail shareholders, that is 810 dollars gross per 300 shares held on 18 August, or 1,350 dollars per 500 shares.

Practical shopper takeaway. If you hold CBA shares in your own name or through a super fund, the 29 September payment lands into the account you have registered with Computershare. If you have moved bank accounts in the last 12 months, log into Computershare Investor Centre before Wednesday 19 August and confirm the account details on file. If you are enrolled in the Dividend Reinvestment Plan (DRP), the FY26 final DRP shares will be issued at a small discount to the volume weighted average price over the pricing period, giving a modest reinvestment tailwind. The DRP election deadline is Thursday 21 August. Straight cash into the everyday account for the September school and utility bills, or DRP for the small compounding kicker: your call, but the decision window closes Thursday.

Amazon Same Day Rolls Into Adelaide, Squeezing Local Retail

Amazon Australia extended its same day delivery service to Adelaide postcodes this week, per multiple retail trade outlets covering the announcement. That takes same day coverage to five capital cities (Sydney, Melbourne, Brisbane, Perth, Adelaide) with Hobart, Darwin and Canberra still on next day. For Australian shoppers on Prime the practical shift is that a Saturday morning order placed by 10am now lands the same afternoon in metro Adelaide, matching the Amazon logistics footprint of the US Prime Now service that gutted mall foot traffic in mid-tier US cities across 2016 to 2022.

The squeeze on local retail is real. Australian owned specialty stores selling homewares, small electronics, toys, books and pantry staples now face a same day fulfilment benchmark on 60 per cent of the AU population without matching the Amazon fixed cost base. Independent retailers that have not moved to click and collect or a local courier partnership are already reporting weekend basket size drops of 10 to 15 per cent in categories where Amazon is size-competitive. The consumer counter-move is not to boycott Amazon (it is now a fact of the AU retail floor) but to remember three things this weekend. First, the Australian Consumer Law applies to every Amazon AU order, but recourse is materially slower on marketplace listings shipped from overseas than on locally owned retailers. Second, on price parity, buying from an Australian owned store keeps the margin in the AU tax and wage base. Third, Amazon does not carry the depth of size range in fashion or footwear that a specialist like Betts, Sportsgirl or Kick Push Skate does, and that is exactly where the deepest weekend discounts sit.

Zara Australia Profit Slips 25 Per Cent

Inditex-owned Zara Australia reported a 25 per cent decline in annual profit in the latest local filing, per Ragtrader coverage of the Australian retail industry this week. Revenue growth slowed and margin compression from freight, wages and store rent hit the local P and L harder than analysts expected. The result is another datapoint in a global fast-fashion softening story that includes softer H and M AU comparable store sales, Peter Alexander shutting all remaining UK stores per The West Australian retail desk, and Uniqlo pausing new AU store openings for the second half of the year.

The shopper read across is straightforward. When international fast fashion softens in AU, the vacuum gets filled by Australian owned specialty and mid-market retailers running deep clearance to protect market share. This weekend, that means the Sportsgirl 70 per cent off run and the Betts 70 per cent off footwear window are more competitive on price and range than the equivalent Zara or H and M clearance rack, and the after-sale service (returns, exchanges, alterations at Betts) is materially better. Every store in today’s Top 5 is Australian owned or locally fulfilled. Every discount was verified against the store’s own live sale page this morning.

Saturday Top 5 Deals

Every store in Saturday’s Top 5 is Australian owned or locally fulfilled. Every discount was verified against the store’s own live sale page this morning. None of it is Temu, Shein, AliExpress, Wish or any offshore marketplace dressed up as a local brand. Every product ships from an Australian warehouse and is backed by the Australian Consumer Law. Kick Push Skate leads today at up to 80 per cent off complete skateboards, decks, trucks, wheels, bearings, safety gear, scooters and skate shoes from the Australian owned skate specialist since 2003. Betts follows at up to 70 per cent off heels, flats, boots, loafers, sneakers and handbags from the Australian footwear retailer since 1892. Sportsgirl at up to 70 per cent off delivers dresses, tops, denim, coats and knits from the iconic Australian womens fashion retailer since 1948. OPSM at up to 50 per cent off runs across designer prescription sunglasses, optical frames and contact lens packs. Scooter Hut at up to 50 per cent off closes the Top 5 with stunt scooters, complete scooters, decks, forks, wheels and safety gear from the Australian owned scooter specialist since 2007.

Other Deals Worth A Look

Beyond the Top 5, a handful of other Australian owned or locally fulfilled retailers are worth a Saturday scroll. Sunnylife (today’s Top 6 ticker pick) holds up to 50 per cent off summer swim, pool floats, beach umbrellas, coolers and outdoor lifestyle homewares from the Sydney founded lifestyle label ahead of the spring transition. Barney Cools at 38 per cent off runs tees, shorts, boardies and lightweight jackets ahead of the summer season. Veronika Maine at 30 per cent off holds tailoring, dresses and coats from the Sydney founded contemporary womens label. All Australian owned or locally fulfilled, all backed by the Australian Consumer Law.

Our Take

Saturday 15 August is the final full-choice day for winter stock at Australian retailers before spring floor sets land Monday. From Monday morning the coat wall is replaced by lightweight jackets and pastel tees. If a winter jacket, boots, thermals or a heavier knit is still on the wardrobe list, this weekend is the deadline. Reporting season peaks next week with JB Hi Fi FY26 Monday, BHP FY26 Tuesday, ABS July jobs and CBA ex-div Wednesday. The jobs print is the single most important data point for the RBA’s November decision. Amazon same day now covers 60 per cent of the AU population, and the counter-move for shoppers is to remember that Australian owned specialty retailers still carry the deepest size range and the best after-sale service. Zara Australia’s 25 per cent profit slip is another datapoint in a broader global fast-fashion softening story that opens room for Australian owned mid-market retailers to hold market share with weekend clearance depth.

That is exactly why It’s On Sale exists. We track 35,000 Australian stores and 45,000 live sale products, every retailer Australian owned or locally fulfilled, every promotion audited daily against the store’s own price history. No trial traps, no hidden fees, no offshore marketplaces dressed up as a local brand. Today’s Sales shows every store currently running a discount in one place. The AI search reads the way real shoppers ask (try “winter coat clearance” or “kids scooter sale”). None of it is Temu, Shein, AliExpress, Wish or any offshore marketplace dressed up as a local brand. Browse Today’s Sales this Saturday morning to hit the final winter clearance weekend at Australian retailers who stand behind the ticket and the Australian Consumer Law.

It's On Sale Daily Brief Issue 75 hero image

July Jobs Print Today at 1130am, Telstra FY26 Wrap, Last Winter Clearance Weekend. | It s On Sale Daily Brief, 14 August 2026

Friday, and the number that sets the RBA tone for the rest of August drops at 11:30am AEST. The ABS releases the July Labour Force Survey this morning with Trading Economics forecasting unemployment at 4 point 5 per cent, up from June’s 4 point 4 per cent, alongside participation at a 12 month high of 67 point 0 per cent and 76,300 extra jobs added the month prior. Yesterday Telstra Group FY26 delivered underlying EBITDAaL of 8 point 3 billion dollars near the top of guidance, a full year dividend of 21 cents per share up 10 point 5 per cent, and a fresh 1 billion dollar share buyback, yet shares still slid 5 point 2 per cent intraday to 4 dollars 74 cents on softer FY27 revenue signals and postpaid subscriber pressure. This is the final winter clearance weekend at Australian retailers, with spring floor sets landing Monday 18 August. Today’s Top 5 opens with Dusk at up to 80 per cent off candles and home fragrance, followed by Showpo at up to 80 per cent off womens fashion and UGG Express at up to 80 per cent off sheepskin boots.

July Jobs Print Today at 11:30am AEST

The Australian Bureau of Statistics releases the July Labour Force Survey this morning at 11:30am AEST, per the ABS Labour Force calendar. June printed at 4 point 4 per cent unemployment (unrounded 4 point 35 per cent) with 76,300 more people in work month on month, the largest monthly employment gain since April last year per Reuters coverage of the June release. Participation lifted to a one year high of 67 point 0 per cent. Trading Economics forecasts July at 4 point 5 per cent, up 0 point 1 percentage point.

The consequence chain for Australian shopper households runs through interest rates. On Tuesday the RBA held the cash rate at 4 point 35 per cent but Governor Bullock struck a hawkish tone, warning it was quite possible the RBA might need to go and that interest rates might need to stay high for longer. Swap markets now price a real chance of a November hike. If July prints AT OR ABOVE 4 point 5 per cent, weakening jobs momentum removes wage inflation pressure and pushes November hike odds materially lower, giving 3 point 3 million mortgaged households a clearer glide path. If July prints BELOW 4 point 4 per cent with continued strong employment growth, the RBA’s hawkish stance converts into a real November move and household budgets tighten into Christmas. Watch three sub-numbers alongside the headline: participation rate (record highs signal hidden strength), hours worked (softening signals hiring restraint), and underemployment (June’s 6 point 5 per cent was the highest since August 2024). All three together tell the fuller story.

Telstra FY26 Aftermath: Buyback Rewarded, Share Price Punished

Yesterday Telstra Group landed FY26 with underlying EBITDAaL of 8 point 3 billion dollars, up 4 per cent and near the top of the 8 point 2 to 8 point 4 billion dollar guidance range, per Market Index coverage. Reported net profit after tax was 2 point 4 billion dollars, up 2 point 7 per cent, and cash earnings per share climbed 14 per cent to 25 point 5 cents. The board declared a final dividend of 10 point 5 cents per share 90 point 5 per cent franked, taking the FY26 total to 21 cents per share, up 10 point 5 per cent year on year. On top of that, Telstra announced a fresh 1 billion dollar on-market share buyback. Despite the shareholder friendly announcements, per The Motley Fool Australia, shares opened at 4 dollars 95 cents, hit an intraday low of 4 dollars 74 cents (down 5 point 2 per cent), and closed at 4 dollars 82 cents, down 3 point 2 per cent on the day.

What went wrong for the share price. Group revenue slipped 0 point 8 per cent to 22 point 9 billion dollars, per Rask Media’s FY26 breakdown. Fixed enterprise EBITDA fell 16 point 7 per cent as data and connectivity margins compressed. Investors also weighed subscriber pressure in branded postpaid mobile following the July 2025 price hikes, the lingering impact of the July 2024 network outage that cost CEO Vicki Brady 607,000 dollars of her bonus per IG’s afternoon market report, and elevated capital spending requirements. FY27 EBITDAaL guidance of 8 point 5 to 8 point 8 billion dollars implies only 1 point 9 to 5 point 5 per cent growth, softer than the market wanted. Approximately 1 point 5 million Telstra retail shareholders now have a diary date: Telstra ex-dividend date is Tuesday 26 August 2026, 12 days from today. Record date is Wednesday 27 August. Payment date is Thursday 24 September, per The Motley Fool’s dividend explainer. For Telstra mobile customers the practical takeaway is that FY27 revenue guidance implies continued postpaid ARPU discipline but no headline price rise cliff, and now is a good weekend to check if a competitor plan on the same tower undercuts your current bill by 10 dollars or more per month.

Last Winter Clearance Weekend: Two Days To Buy the Coat

Today, tomorrow Saturday 15 August and Sunday 16 August are the final three full-choice days for winter stock at major Australian fashion, footwear and homewares retailers. From Monday 18 August, spring floor sets land in stores and remaining winter stock is pulled to warehouse or online-only clearance pages. Practically this means: the coat rack you saw last week at 40 per cent off is at 60 per cent off today and 70 to 80 per cent off by Sunday afternoon, but the size and colour choice narrows every hour. By Monday morning, the wall becomes lightweight jackets, transitional knits, spring dresses and pastel tees. This weekend is when the year’s deepest sale prices on winter woollens, sheepskin boots, heavy denim, thermals, doonas and throws converge with the last of the pre-transition size range.

Weekend tactical actions for Australian shopper households. First, prioritise categories that get pulled Monday: heavy coats, chunky knits, sheepskin boots, thermals, flannel sheets, winter doonas. Second, size up before you size down. If your usual size is a Medium, check Large first because the popular sizes go first at the deepest discounts. Third, buy 12 months ahead for kids’ winter uniforms and school jackets. Australian retailers rarely repeat the same discount depth on winter stock until the following July clearance. Fourth, keep receipts and tags on: most stores extend change of mind exchanges through the transition period, but each has its own window. Fifth, if the store lists free Australia wide shipping over a threshold (Dusk from 89 dollars, Showpo from 50 dollars, UGG Express from 100 dollars, Merchant 1948 from 150 dollars, most others from 100 to 150 dollars), combine winter picks with a spring transition piece to hit free freight and avoid the courier fee.

Fuel Day 12: Peak Likely Past

Today is Day 12 of full fuel excise restoration. Petroleum tax jumped from 20 point 6 cents per litre in April to June, to 36 point 6 cents per litre between 1 July and 2 August (partial), to the full 53 point 7 cents per litre from 3 August, per the Australian Taxation Office. The ACCC 22nd weekly fuel price monitoring report to 5 August showed 5-city retail petrol at 207 point 5 cents per litre and diesel at 246 cents per litre. The ACCC 23rd weekly report is expected today and will confirm whether the retail petrol cycle peaked earlier this week, per FuelPlan.gov.au. Retail petrol should now be trending gently down through the weekend as service stations shed the peak day margin.

Friday weekend tactical actions for Australian drivers. First, before you leave the driveway check Fuel Check NSW, FuelWatch WA, FuelCheck TAS, MyFuel NT, MotorMouth or PetrolSpy. Metro cheapest to most expensive gaps remain wide at 40 to 60 cents per litre through weekend cycles. Second, if your vehicle handbook allows a grade drop from Premium 98 to U91 or E10, NRMA data has the grade spread at a record 26 point 5 cents per litre. On a 55-litre fill that is 14 dollars 60 cents saved per tank. Third, delay a full tank until Sunday or early Monday. If the retail cycle peaked Wednesday or Thursday, Sunday afternoon should be 5 to 8 cents per litre below Friday morning at the same station. On 55 litres that is 3 to 4 dollars per fill.

Friday Top 5 Deals

Every store in Friday’s Top 5 is Australian owned or locally fulfilled. Every discount was verified against the store’s own live sale page this morning. None of it is Temu, Shein, AliExpress, Wish or any offshore marketplace dressed up as a local brand. Every product ships from an Australian warehouse and is backed by the Australian Consumer Law. Dusk leads today at up to 80 per cent off scented candles, diffusers, home fragrance, wax melts and lanterns from the Australian owned home fragrance retailer since 2000 with more than 130 stores across the country. Showpo follows at up to 80 per cent off dresses, tops, denim, coats and knits from the Sydney founded Australian womens fashion retailer since 2010. UGG Express at up to 80 per cent off delivers classic and mini UGG boots, tall boots, slippers, moccasins and kids and mens sheepskin footwear. Nine West at up to 60 per cent off runs across heels, flats, ankle boots, sneakers, sandals and handbags. Eckersleys at up to 50 per cent off closes the Top 5 with art supplies, canvases, paints, brushes, papers, sketchbooks and craft materials from the Australian owned art and craft specialist since 1892.

Other Deals Worth A Look

Beyond the Top 5, a handful of other Australian owned or locally fulfilled retailers are worth a Friday scroll. P.E Nation (today’s Top 6 ticker pick) holds 30 per cent off across technical activewear, hoodies, joggers, tees and matching sets from the Sydney founded contemporary activewear label. UGG continues at 30 per cent off classic sheepskin boots and slippers. Veronika Maine holds 30 per cent off tailoring, dresses and coats from the Sydney founded contemporary womens label. All Australian owned or locally fulfilled, all backed by the Australian Consumer Law.

Week Ahead

Three dates matter for Australian shopper wallets across the coming week. Today Friday 14 August 11:30am AEST: ABS July Labour Force Survey release, Trading Economics forecast 4 point 5 per cent unemployment up 0 point 1 percentage point. Saturday 15 August and Sunday 16 August: final winter clearance weekend at Australian fashion, footwear and homewares retailers, spring floor sets land Monday 18 August. Tuesday 26 August: Telstra ex-dividend date, 10 point 5 cents fully franked (90 point 5 per cent franked) final dividend paid 24 September. Thursday 21 August: CBA DRP election deadline for the 5 dollars 5 cents fully franked dividend that pays 29 September.

Our Take

Friday 14 August is the day the ABS releases the single most important data point for the RBA’s November decision. If unemployment prints at 4 point 5 per cent as Trading Economics forecasts, mortgage relief moves closer and household discretionary spending gets a slow tailwind into Christmas. If it prints lower with continued strong employment growth, hawkish RBA rhetoric converts into a real fourth rate rise this year. Yesterday Telstra rewarded shareholders with a 21 cent full year dividend and a 1 billion dollar buyback, but shares still fell 5 per cent on softer FY27 revenue guidance. This is the FINAL WEEKEND for winter clearance at Australian retailers. From Monday 18 August, spring floor sets replace winter stock and today’s headline discounts on remaining coats, knits, boots, thermals and doonas are the deepest and last full-choice window of the year. If a winter jacket, boots, thermals or a heavier knit is still on the wardrobe list, this weekend is the deadline.

That is exactly why It’s On Sale exists. We track 35,000 Australian stores and 45,000 live sale products, every retailer Australian owned or locally fulfilled, every promotion audited daily against the store’s own price history. No trial traps, no hidden fees, no offshore marketplaces dressed up as a local brand. Today’s Sales shows every store currently running a discount in one place. The AI search reads the way real shoppers ask (try “winter coat clearance” or “candles on sale”). None of it is Temu, Shein, AliExpress, Wish or any offshore marketplace dressed up as a local brand. Browse Today’s Sales this Friday morning to hit the final winter clearance weekend at Australian retailers who stand behind the ticket and the Australian Consumer Law.

Editorial hero, Telstra FY26 and July unemployment preview

Telstra FY26 at 9:15am, Jobs Data Tomorrow, CBA Ex-Div in 6 Days. | It s On Sale Daily Brief, 13 August 2026

Thursday, and the reporting season baton passes from bank to telco. Telstra Group releases its FY26 full year result at 9:15am AEST this morning: FY26 EBITDAaL guidance sits at 8 point 2 to 8 point 4 billion dollars, cash EBIT guidance at 4 point 55 to 4 point 75 billion dollars, and the market is watching for a buyback extension after the 1 billion dollars announced last August. Yesterday CommBank landed cash NPAT of 11 billion dollars, up 7 per cent, and declared a full year dividend of 5 dollars 5 cents fully franked, up 4 per cent, but shares still fell 0 point 6 per cent to 172 dollars 87 cents at 28 times price to earnings, and ex dividend is Tuesday 19 August, just six days away. Tomorrow Friday 14 August at 11:30am AEST the ABS drops the July Labour Force Survey with Trading Economics forecasting unemployment at 4 point 5 per cent, up from June’s 4 point 4 per cent. Fuel Day 11 today, retail petrol cycle at or through peak on 5 city average of 207 point 5 cents per litre and diesel 246 cents per litre, with the ACCC 23rd weekly monitoring report due today or tomorrow. Today is the final full winter clearance day at major retailers before spring floor sets tomorrow Friday 15 August. Today’s Top 5 opens with Mossman at up to 70 per cent off womens contemporary fashion from the Melbourne based label, followed by Hallensteins at up to 50 per cent off mens tees, hoodies, denim and knits.

Telstra FY26 Result Landing at 9:15am AEST

Telstra Group releases its FY26 full year result to the ASX at 9:15am AEST this morning, per the Telstra investor relations page. The 1H26 half year result already banked FY26 revenue excluding financing of 11 billion 641 million dollars, underlying EBITDAaL of 4 billion 185 million dollars, and a 1H26 interim dividend of 10 point 5 cents per share 90 point 5 per cent franked, per GO Markets FY26 result preview. Full year EBITDAaL guidance sits at 8 point 2 to 8 point 4 billion dollars and cash EBIT guidance at 4 billion 550 to 4 billion 750 million dollars. Intelligent Investor’s FY26 forecast per their TLS page is NPAT 2 billion 415 million dollars, EPS 20 point 90 cents, and DPS 19 cents fully franked, a 4 per cent lift on FY25.

What Australian shopper households should watch beyond the headline dividend. First, postpaid mobile ARPU direction: 1H26 postpaid ARPU printed at 56 dollars 22 cents, up 4 point 8 per cent year on year on the back of the July 2025 CPI-linked mobile price rise, and FY26 FY guidance will confirm whether Telstra models a CPI-plus price rise for FY27 too. Second, buyback extension size: last August Telstra announced a 1 billion dollar buyback for FY26 on top of February’s 750 million dollar tranche, and any FY27 buyback announcement lifts the 1 point 5 million retail shareholder dividend yield. Third, NBN reseller margins and enterprise softness. Fourth, InfraCo Fixed Line separation update timeline. For Australian mobile customers the practical takeaway is that Telstra is likely to guide for another mid single digit ARPU lift in FY27, meaning postpaid plans continue to migrate upward.

CommBank FY26 Aftermath: Shares Down, Dividend Locked, Ex Div Next Tuesday

Yesterday Commonwealth Bank of Australia landed its FY26 full year result at 9:30am AEST with a full year cash NPAT of 11 billion dollars, up 7 per cent, statutory NPAT of 10 billion 910 million dollars, up 8 per cent, and a full year dividend of 5 dollars 5 cents per share fully franked (final dividend 2 dollars 70 cents on top of the 2 dollars 35 cents interim), per the CBA FY26 ASX announcement. Sebastian Bowen at The Motley Fool Australia on 12 August reported shares closed at 172 dollars 87 cents, down 0 point 6 per cent on the day, at a forward price to earnings ratio of 28 times, roughly in line with the ASX 200’s 0 point 5 per cent close at 9,209.

Approximately 800,000 CBA retail shareholders, most of them Australian household savers who own the stock directly or through their SMSF, have three key dates on the calendar. Ex dividend date is Tuesday 19 August 2026, just six days from today. Record date is Wednesday 20 August. DRP election deadline is Thursday 21 August. Payment date is Monday 29 September. That 5 dollars 5 cents fully franked pays out to approximately 800,000 Australian retail investors on 29 September, an injection of over 4 billion dollars into household spending accounts in the September quarter, most of it spent locally on discretionary purchases, insurance renewals and mortgage extra repayments. The full CBA FY26 investor presentation lands the story: pre-provision profit rose 6 per cent to 16 billion 500 million dollars, net interest margin lifted 3 basis points to 2 point 05 per cent, and operating expenses rose 6 per cent to 13 billion 755 million dollars. Every household with a CBA transaction account is effectively paying for that expense line growth in monthly account fees and interest spreads.

Jobs Data Tomorrow: The Number That Sets the RBA Tone

The Australian Bureau of Statistics releases the July Labour Force Survey tomorrow Friday 14 August 2026 at 11:30am AEST, per the ABS Labour Force calendar. June printed at 4 point 4 per cent unemployment (unrounded 4 point 35 per cent), 76,000 more people employed month on month and participation at a one year high of 67 point 0 per cent. Trading Economics forecasts July at 4 point 5 per cent, up 0 point 1 percentage point.

The consequence chain for Australian shopper households runs through interest rates. Two days ago the RBA held the cash rate at 4 point 35 per cent but Governor Bullock struck a hawkish tone, warning it was “quite possible we might need to go” and that “interest rates might need to stay high for longer”. Swap markets priced a 50 per cent chance of a November hike overnight. If July prints AT OR ABOVE 4 point 5 per cent, weakening jobs momentum removes wage inflation pressure and pushes the November hike odds materially lower. If July prints BELOW 4 point 4 per cent with continued strong employment growth, the RBA’s hawkish stance converts into a real November hike and 3 point 3 million mortgaged households face a fourth rate rise this year. That is why retailers are running some of the deepest winter clearance markdowns of the year in the final 24 hours before spring floor rolls out Friday. Margin pressure is being priced today.

Fuel Day 11: At or Through the Retail Peak

Today is Day 11 of full fuel excise restoration. Petroleum tax jumped from 20 point 6 cents per litre in April to June, to 36 point 6 cents per litre between 1 July and 2 August (partial), to the full 53 point 7 cents per litre from 3 August, per the Australian Taxation Office. The ACCC 22nd weekly fuel price monitoring report to 5 August shows 5-city retail petrol at 207 point 5 cents per litre and diesel at 246 cents per litre, with capital city retail petrol 37 cents per litre above pre-conflict levels and diesel 71 cents per litre above pre-conflict, per FuelPlan.gov.au. The ACCC 23rd weekly report is due today or tomorrow and will confirm whether the retail petrol cycle peaked Wednesday, Thursday or Friday. RACQ’s Ian Jeffreys forecast peak within 10 days of full restoration, which is today.

Thursday tactical actions for Australian drivers. First, before you leave the driveway check Fuel Check NSW, FuelWatch WA, FuelCheck TAS, MyFuel NT, MotorMouth or PetrolSpy. The cheapest to most expensive gap in metro Sydney remains at 60 cents per litre. Second, if your vehicle handbook allows a grade drop from Premium 98 to U91 or E10, NRMA data has the grade spread at a record 26 point 5 cents per litre. On a 55-litre fill that is 14 dollars 60 cents saved per tank. Third, lock a 7-day price with 7-Eleven Fuel Lock before Friday morning. On a peak week a 20 cent per litre gap on 55 litres saved is 11 dollars per fill. If the ACCC 23rd weekly confirms Thursday or Friday as peak, tomorrow’s fills are the last high fills before the retail cycle begins its slow descent.

Retail Electricity Notes: AGL and Origin FY26

Yesterday the two big-two energy retailers delivered FY26 results. AGL Energy landed underlying EBITDA of 2 point 1 billion dollars (up 2 per cent), underlying NPAT of 631 million dollars (down 2 per cent), statutory NPAT of 756 million dollars, and operating free cash flow of 850 million dollars (up 60 per cent). Final dividend of 26 cents per share fully franked brings the FY26 total to 50 cents, up 4 point 2 per cent on FY25. AGL cited strong operational performance, disciplined capital allocation and battery growth offsetting mild winter volatility, per Investing.com’s read of the AGL FY26 slides. Origin Energy also reported yesterday with statutory profit of 557 million dollars for the first half, underlying EBITDA of 1 billion 589 million dollars, and an interim dividend of 30 cents per share fully franked per the Origin H1 26 earnings call transcript. Origin upgraded Energy Markets EBITDA guidance to 1 point 55 to 1 point 75 billion dollars.

For Australian shopper households the useful takeaway is not the dividend, it is the market signal. Both AGL and Origin are guiding for continued strong retail electricity margins driven by higher wholesale costs passed through in default market offers, but neither is aggressively cutting bills. The best household strategy remains identical to the fuel playbook: shop the plan every 90 days on the government price comparison sites (Energy Made Easy for NSW, QLD, SA, TAS, ACT; Victorian Energy Compare for VIC), and switch when the introductory discount rolls off. The average household saves 300 to 500 dollars per year on electricity by switching every 12 months.

Thursday Top 5 Deals

1Today’s Top
Discount
MossmanMossmanWomen's WearUp to 70 per cent off Mossman: dresses, knits, blouses, tops, pants, coats and accessories from the Melbourne based Australian womens contemporary fashion label founded by Melissa Trethowan, with Afterpay, Zip and free Australia wide shipping over 100 dollars.70%OFF
2HallensteinsHallensteinsMen's WearUp to 50 per cent off Hallensteins: mens tees, hoodies, shirts, jeans, chinos, jackets, knits and accessories from the New Zealand and Australia based mens fashion retailer with local Australian fulfilment, Afterpay, Zip and free Australia wide shipping over 80 dollars.50%OFF3Healthy LifeHealthy LifeHealth & BeautyUp to 50 per cent off Healthy Life: vitamins, supplements, protein powders, superfoods, natural skincare, organic pantry and wellness essentials from the family owned Australian health retailer since 1974, with Afterpay, Zip and free Australia wide shipping over 100 dollars.50%OFF4MacpacMacpacOutdoor & CampingUp to 50 per cent off Macpac: down jackets, thermals, hiking pants, base layers, tents, sleeping bags and outdoor gear from the New Zealand and Australia based technical outdoor brand since 1973 with a strong Australian retail footprint, Afterpay and free shipping over 100 dollars.50%OFF5Merchant 1948Merchant 1948FootwearUp to 50 per cent off Merchant 1948: leather boots, ankle boots, brogues, loafers, sneakers and accessories from the New Zealand and Australia based independent footwear specialist since 1948 with Australian retail stores and Afterpay, free Australia wide shipping over 150 dollars.50%OFF

Every store in Thursday’s Top 5 is Australian owned or locally fulfilled. Every discount was verified against the store’s own live sale page this morning. None of it is Temu, Shein, AliExpress, Wish or any offshore marketplace dressed up as a local brand. Every product ships from an Australian warehouse and is backed by the Australian Consumer Law. Mossman leads today at up to 70 per cent off dresses, knits, blouses, tops, pants and coats from the Melbourne based Australian womens contemporary fashion label founded by Melissa Trethowan. Hallensteins follows at up to 50 per cent off mens tees, hoodies, shirts, jeans, chinos and jackets from the New Zealand and Australia based mens fashion retailer with local Australian fulfilment. Healthy Life at up to 50 per cent off delivers vitamins, supplements, protein powders, superfoods, organic pantry and wellness essentials from the family owned Australian health retailer since 1974. Macpac at up to 50 per cent off runs deep on down jackets, thermals, hiking pants, base layers, tents and sleeping bags from the New Zealand and Australia based technical outdoor brand since 1973. Merchant 1948 at up to 50 per cent off closes the Top 5 with leather boots, ankle boots, brogues, loafers and sneakers from the New Zealand and Australia based independent footwear specialist since 1948.

Other Deals Worth A Look

Beyond the Top 5, a handful of other Australian owned or locally fulfilled retailers are worth a Thursday scroll. MyHouse (today’s Top 6 ticker pick) holds up to 50 per cent off homewares, bedding, bath, kitchen and decor from the Australian family owned homewares brand since 1979. P.E Nation at 30 per cent off delivers technical activewear, hoodies, joggers and tees from the Sydney founded contemporary activewear label. Veronika Maine continues at 30 per cent off tailoring, dresses and coats from the Sydney founded contemporary womens label. All Australian owned or locally fulfilled, all backed by the Australian Consumer Law.

Week Ahead

Three dates matter for Australian shopper wallets across the rest of this week. Thursday 13 August 9:15am AEST: Telstra Group FY26 full year result, watch buyback extension, postpaid ARPU direction and dividend size (Intelligent Investor forecast 19 cents fully franked). Friday 14 August 11:30am AEST: ABS Labour Force Survey for July release. Trading Economics forecast 4 point 5 per cent unemployment, up 0 point 1 percentage point. Friday 15 August: retailer spring stock transition window OPENS at major fashion, footwear and homewares categories, closing the winter clearance window. Tuesday 19 August: CBA ex dividend date, 5 dollars 5 cents fully franked payout hits accounts on 29 September.

Our Take

Thursday 13 August is the day the reporting-season baton passes from bank to telco, with Telstra FY26 at 9:15am AEST setting the tone for the rest of the week. Yesterday CBA banked 11 billion dollars cash NPAT and locked in a 5 dollars 5 cents fully franked dividend, but shares still fell 0 point 6 per cent to 172 dollars 87 cents at 28 times price to earnings: the message is that the growth story is priced. Tomorrow’s July jobs data at 11:30am AEST is the single biggest data drop this week for the mortgage repayment outlook. Fuel remains the sharpest weekly wallet drag, 5-city petrol at 207 point 5 cents per litre with today or Friday the likely retail peak. This is the FINAL FULL winter clearance day at Australian retailers. From tomorrow Friday 15 August floor space transitions to spring, and today’s headline discounts on remaining winter stock are the deepest and last full-choice window of the year. If a winter jacket, boots, thermals or a heavier knit is on the wardrobe list, today is the day.

That is exactly why It’s On Sale exists. We track 35,000 Australian stores and 45,000 live sale products, every retailer Australian owned or locally fulfilled, every promotion audited daily against the store’s own price history. No trial traps, no hidden fees, no offshore marketplaces dressed up as a local brand. Today’s Sales shows every store currently running a discount in one place. The AI search reads the way real shoppers ask (try “winter coat clearance” or “leather boots on sale”). None of it is Temu, Shein, AliExpress, Wish or any offshore marketplace dressed up as a local brand. Browse Today’s Sales this Thursday morning to hit the final winter clearance day at Australian retailers who stand behind the ticket and the Australian Consumer Law.

CommBank FY26 result and RBA hawkish hold - Wednesday 12 August 2026

CommBank FY26 Result at 9:30am, RBA Hawkish Hold, Fuel Day Ten Peak. | It s On Sale Daily Brief, 12 August 2026

Wednesday, mid-week and it is bank result day. Commonwealth Bank of Australia releases its FY26 full year result at 9:30am AEST this morning: cash net profit after tax around 10 billion 980 million dollars (up 7 per cent), statutory NPAT 10 billion 910 million dollars (up 8 per cent), and a full year dividend of 5 dollars 5 cents fully franked, up 4 per cent on the prior year. Ex dividend date is 19 August, record date 20 August, payment 29 September. Yesterday the RBA held the cash rate at 4 point 35 per cent, but Governor Bullock struck a HAWKISH tone at her 3:30pm press conference: she personally thought it “quite possible” rates need to go up again, ruled out near term cuts, and warned “interest rates might need to stay high for longer”. Australian swap markets responded fast: pricing now shows a 50 per cent chance of a November hike and 80 per cent chance of a move by early 2027. Fuel Day 10 today, at or near the retail peak: ACCC 23rd weekly monitoring report expected today or Thursday, 5 city petrol 207 point 5 cents per litre, diesel 246 cents per litre. Unemployment for July drops Thursday 14 August at 11:30am AEST with a Trading Economics forecast of 4 point 5 per cent (previous 4 point 4 per cent). Today’s Top 5 opens with Decjuba at up to 70 per cent off dresses, knits, tops and denim from the Melbourne founded womens fashion brand, and Colette Hayman at up to 69 per cent off handbags, jewellery and accessories from the Sydney based Australian accessories label since 1994.

CommBank FY26 Result Landing at 9:30am AEST

Commonwealth Bank of Australia releases its FY26 full year result to the ASX at 9:30am AEST this morning, per the CBA financial calendar. Wire-service coverage from ABC Business live blog shows statutory net profit after tax at 10 billion 910 million dollars, up 8 per cent on FY25, with cash profit at 10 billion 980 million dollars, up 7 per cent, per Andrew Robertson at ABC News on 12 August. The board has declared a full year dividend of 5 dollars 5 cents per share fully franked, a 4 per cent increase on FY25’s 4 dollars 85 cents, ahead of IG’s 4 August preview forecast of 5 dollars 5 cents from Chris Beauchamp at IG. The interim dividend was 2 dollars 35 cents, meaning today’s final dividend is 2 dollars 70 cents fully franked (interim 2 dollars 35 cents plus final 2 dollars 70 cents equals 5 dollars 5 cents).

What Australian shopper households should watch beyond the dividend headline. First, home loan impairment provisioning: any material increase signals loan-book stress and household budget pressure that will feed into discretionary spending over the next 6 months. Second, deposit growth and household savings ratios, which have been narrowing as fuel and utilities absorb more of the weekly budget. Third, credit card and buy-now-pay-later balances, indicators of household refinancing stress. Ex dividend date is Tuesday 19 August 2026, record date 20 August, DRP election deadline 21 August, payment 29 September, per Tristan Harrison at Motley Fool Australia. Approximately 800,000 retail shareholders receive the payout, most of them Australian households who spend a meaningful share of it locally in the September quarter.

RBA Hawkish Hold: Bullock Warns Rates Could Go Higher

Yesterday at 2:30pm AEST the Reserve Bank of Australia’s Monetary Policy Board voted unanimously to hold the cash rate at 4 point 35 per cent for a second consecutive meeting, per the RBA. The market expected a straight hold with dovish language and easing forward guidance. Instead, Governor Michele Bullock delivered one of the most HAWKISH press conferences of her tenure. Wayne Cole at Reuters via Duke FM reported her exact words: “personally, I think it is quite possible we might need to go, but we will wait and see what the data tells us”. Bullock also confirmed the Board actively DISCUSSED raising rates at this meeting.

Peter Hannam at The Guardian on 11 August reported the RBA “threatened to hike again if needed” as it warned falling house prices would slow income growth. The quarterly Statement on Monetary Policy for August 2026 now projects inflation will not return to the middle of the 2 to 3 per cent target range until early 2028, a later date than the prior forecast. Eight signal quotes from Bullock’s press conference were captured by OrbitRemit’s post decision analysis: “near term cut in rates does not align with board’s thinking”, “interest rates might need to stay high for longer”, “progress on inflation has been slow for a year now”, “still risk inflation takes too long to return to target”, “high degree of uncertainty”.

The market shift was fast. Overnight swap pricing moved from a 4 per cent hike probability priced Monday to a 50 per cent chance of a hike at the November meeting and 80 per cent likelihood of a move by early 2027. ANZ’s head of Australian economics Adam Boyton, quoted by Michael Janda at ABC News, said “our expectation is the cash [rate] has peaked although there [is] a risk of a final increase in November”. For Australian shopper households: the “hold gives me breathing room” narrative is dead. The 3 point 3 million mortgaged households now face a genuine 50-50 coin flip on a fourth rate hike this year, driving a more cautious posture on discretionary spending for the rest of Q3 and into Christmas. That is why retailers are running record final winter clearance markdowns this week: margin pressure now has a name.

Fuel Day 10: At or Near Peak

Today is Day 10 of the fuel excise restoration. Petroleum tax jumped from 20 point 6 cents per litre in April to June, to 36 point 6 cents per litre from 1 July to 2 August (partial restoration), to the full 53 point 7 cents per litre from 3 August, per the Australian Taxation Office. The ACCC 22nd weekly fuel price monitoring report (data to 5 August) shows 5-city retail petrol at 207 point 5 cents per litre and diesel at 246 cents per litre, with capital city retail petrol still 37 cents per litre above pre-conflict levels and diesel 71 cents per litre above pre-conflict, per FuelPlan.gov.au. The ACCC 23rd weekly report is due today or Thursday, and will confirm whether Wednesday or Thursday marks the retail peak (RACQ’s Ian Jeffreys forecast peak within 10 days of full restoration, meaning today or Thursday).

Wednesday tactical actions for Australian drivers. First, before you leave the driveway check Fuel Check NSW, FuelWatch WA, FuelCheck TAS, MyFuel NT, MotorMouth or PetrolSpy. The cheapest to most expensive gap in metro Sydney remains at 60 cents per litre. Second, if your vehicle handbook allows a grade drop from Premium 98 to U91 or E10, NRMA data has the grade spread at a record 26 point 5 cents per litre. On a 55-litre fill that is 14 dollars 60 cents saved. Third, lock a 7-day price with 7-Eleven Fuel Lock before Thursday morning. On a peak week a 20 cent per litre difference on 55 litres is 11 dollars. If today’s ACCC report confirms peak, tomorrow’s fills are the last ones to top up before the retail cycle begins its slow descent.

Unemployment for July Drops Thursday at 11:30am

The Australian Bureau of Statistics releases the July Labour Force Survey tomorrow Thursday 14 August 2026 at 11:30am AEST, per the ABS Labour Force calendar. June printed at 4 point 4 per cent unemployment (unrounded 4 point 35 per cent), 76,000 more people employed month on month, and participation at a one year high of 67 point 0 per cent, per Wayne Cole at Reuters on 23 July. Trading Economics forecasts July at 4 point 5 per cent, up 0 point 1 percentage point.

What this means for the RBA path and household budgets. If July prints AT OR ABOVE forecast (4 point 5 or higher), it strengthens the case that the hawkish hold Bullock delivered yesterday will convert into an actual hold through November, because a weakening jobs market removes labour cost inflation pressure. If July prints BELOW forecast (4 point 4 or lower with strong employment growth), it validates the RBA’s continued tightening bias and increases the odds of a November hike materially. The July print is genuinely the most important economic data drop this week for the household mortgage repayment outlook.

Wednesday Top 5 Deals

Every store in Wednesday’s Top 5 is Australian owned or locally fulfilled. Every discount was verified against the store’s own live sale page this morning. None of it is Temu, Shein, AliExpress, Wish or any offshore marketplace dressed up as a local brand. Every product ships from an Australian warehouse and is backed by the Australian Consumer Law. Decjuba leads today at up to 70 per cent off dresses, knits, tops, jeans, jackets and coats from the Melbourne founded Australian womens fashion brand launched in 2008 by Tania Austin. Colette Hayman follows at up to 69 per cent off handbags, jewellery, belts, hats and sunglasses from the Sydney based Australian womens accessories brand since 1994. Academy Brand at up to 60 per cent off delivers mens tees, shirts, chinos, denim, jackets and knits from the Sydney founded Australian mens fashion label launched in 2006. Myer at up to 60 per cent off holds a full department store range including womens and mens fashion, kids apparel, homewares, beauty, footwear and small appliances from the iconic Australian department store founded in Bendigo in 1900. Robert Gordon at up to 60 per cent off closes the Top 5 with handmade ceramic dinnerware, mugs, bowls and jugs crafted in the Dandenong Ranges since 1980 from the Australian family owned pottery.

Other Deals Worth A Look

Beyond the Top 5, a handful of other Australian owned or locally fulfilled retailers are worth a Wednesday scroll. Australian Leather (today’s Top 6 ticker pick) holds up to 50 per cent off UGG boots, slippers, sheepskin gloves and accessories from the Sydney founded family owned Australian sheepskin brand since 1988. Veronika Maine continues at 30 per cent off tailoring, dresses and coats from the Sydney founded contemporary womens label. MyHouse continues its up to 50 per cent off homewares run. Williams Shoes is at 30 per cent off leather boots and business footwear. All Australian owned or locally fulfilled, all backed by the Australian Consumer Law.

Week Ahead

Three dates matter for Australian shopper wallets across the rest of this week. Wednesday 12 August 9:30am AEST: Commonwealth Bank FY26 full-year result, dividend size (5 dollars 5 cents fully franked declared, watch impairment provisioning for household stress signals), and Rio Tinto plus Northern Star Resources reporting. Thursday 14 August 11:30am AEST: ABS Labour Force Survey for July release. TE forecast 4 point 5 per cent, up 0 point 1 percentage point. Friday 15 August: retailer spring stock transition window OPENS at major fashion, footwear and homewares categories, closing the winter clearance window.

Our Take

Wednesday 12 August is the day the RBA yesterday’s hawkish shock lands on household spending decisions. Overnight swap pricing repriced from 4 per cent to 50 per cent hike probability at the November meeting, and 3 point 3 million mortgaged households are watching. CBA’s FY26 result this morning delivers 5 dollars 5 cents fully franked to approximately 800,000 retail shareholders, but the impairment provisioning line matters more for the broader household spending outlook. Fuel remains the sharpest weekly wallet drag, 5-city petrol at 207 point 5 cents per litre with today or Thursday the likely peak of the retail cycle, and the U91 to Premium 98 grade spread at a record 26 point 5 cents per litre. Thursday’s July jobs data will determine whether the RBA’s hawkish stance holds through November or converts into an actual hike. This is the third-last full discount week on winter apparel, boots, thermals, coats, homewares and small appliances at Australian retailers. From Friday 15 August, floor space transitions to spring, and today’s headline discounts on remaining winter stock are among the deepest of the year.

That is exactly why It’s On Sale exists. We track 35,000 Australian stores and 45,000 live sale products, every retailer Australian owned or locally fulfilled, every promotion audited daily against the store’s own price history. No trial traps, no hidden fees, no offshore marketplaces dressed up as a local brand. Today’s Sales shows every store currently running a discount in one place. The AI search reads the way real shoppers ask (try “winter coat clearance” or “ceramic dinner set”). None of it is Temu, Shein, AliExpress, Wish or any offshore marketplace dressed up as a local brand. Browse Today’s Sales this Wednesday morning to hit the final winter clearance week at Australian retailers who stand behind the ticket and the Australian Consumer Law.

It's On Sale Daily Brief Issue 72 hero image, 11 August 2026

RBA Decision at 2:30pm, NAB Business Print at 11:30am, Fuel Day Nine. | It s On Sale Daily Brief, 11 August 2026

Tuesday, decision day. The Reserve Bank of Australia’s Monetary Policy Board announces the August cash rate call at 2:30pm AEST this afternoon after its two-day meeting. All 37 economists in a Reuters poll forecast a hold at 4 point 35 per cent, market pricing puts the hike probability at just 4 per cent, and all four major Australian banks are aligned on hold for the first time this year. Governor Michele Bullock’s press conference follows at 3:30pm alongside the quarterly Statement on Monetary Policy with updated forecasts for growth, inflation, unemployment and wages. Before the rate call, Bullock testifies to the House of Representatives Standing Committee on Economics at 9:30am AEST, then NAB Business Confidence for July releases at 11:30am AEST with a Trading Economics forecast of negative 6 (previous negative 5, Roy Morgan already at record-low 76). Fuel Day 9: FuelNow tracks 35 per cent of 7,129 stations at full 17 point 6 cent passthrough, median station 14 cents above late July, peak still 2 to 4 days away. Commonwealth Bank FY26 full-year result tomorrow, IG forecasts a final dividend of 2 dollars 65 cents fully franked. Today’s Top 5 opens with Princess Polly at up to 80 per cent off dresses, tops, jeans and coats from the Gold Coast founded Australian womens fashion brand, and Baku Swimwear at up to 70 per cent off bikinis, one pieces and resort wear from the Sydney based Australian swim label since 1998.

RBA Decision Day: 2:30pm AEST

The Reserve Bank of Australia’s Monetary Policy Board announces its August cash rate decision at 2:30pm AEST today after wrapping its two-day meeting. According to Wayne Cole at Reuters via Investing Live on 6 August 2026, all 37 economists surveyed forecast a hold at 4 point 35 per cent. 27 of the 36 respondents see no change through end-December. Interbank futures agree: CommSec’s Week Ahead has the hike probability at just 5 per cent, down from a live 30 per cent probability three weeks ago before the softer 30 July June-quarter CPI print (headline 3 point 8 per cent, trimmed mean 3 point 6 per cent). All four majors are now aligned on hold, per PolicyRix on 4 August: Westpac dropped its August hike call within a day of the CPI release.

The real event this afternoon is not the rate call. It is Governor Michele Bullock’s 3:30pm AEST press conference and the accompanying quarterly Statement on Monetary Policy, which delivers a full forecast round with updated growth, inflation, unemployment and wage projections. Bullock’s 28 July Anika Foundation speech maintained explicit tightening bias, warning that the Board “is prepared to act as required, including by increasing the cash rate target further if required”. The question this afternoon is whether the language walks back to a neutral monitoring stance. First rate cut consensus across all four majors remains 2027: NAB sees June 2027, ANZ September 2027, CBA mid-2027, Westpac August 2027. Household shopper impact: if the hold lands, mortgage variable rates near 6 point 65 per cent stay locked in for another 6 weeks minimum. Sarah Farnsworth at The Sydney Morning Herald on 10 August reports the ASX slid 0 point 3 per cent Monday and is set to dip further on RBA day, with 3 point 3 million mortgaged households waiting on the result.

NAB Business Confidence for July at 11:30am AEST

Trading Economics confirms NAB Business Confidence for July releases at 11:30am AEST today, hours before the RBA call. June printed at negative 5 (up 9 points from May’s negative 14) and the Trading Economics forecast for July is negative 6. Any print worse than negative 6 confirms retailer margin compression is deepening; any print better than negative 5 signals early spring optimism. NAB’s Q2 Business Confidence, released 29 July, sat at negative 19 index points, 22 points below the long-run average, per NAB Economy and Markets. Westpac’s Week Ahead preview captures the mood in two words: “Conditions sluggish, confidence fragile”.

Roy Morgan Business Confidence for July has already printed a record-low 76, down 1 point 5 points, per Roy Morgan Research, the fourth consecutive month below 80 and the LOWEST LEVEL EVER RECORDED in the survey. A record-low 25 point 5 per cent of Australian businesses believe now is a good time to invest in growth, and confidence has fallen below 80 across all six states for the first time. The gap between improving household mood (ANZ-Roy Morgan Consumer Confidence at 74 point 7 early August, up 3 point 5 points) and record-low business mood is the pressure squeezing retail margins right now, and that pressure is landing directly on final-winter clearance markdowns today.

Bullock Testifies to Parliament at 9:30am

Before the rate decision, Governor Michele Bullock testifies to the House of Representatives Standing Committee on Economics at 9:30am AEST today per Westpac IQ’s 10 August Week Ahead. This is the traditional biannual appearance and typically runs 3 hours with questions from committee members across all parties. Expect probing on the persistence of services inflation, the labour market at 4 point 3 per cent unemployment, household spending resilience (June retail up 0 point 8 per cent month on month, double Westpac forecast), and the credibility of the Board’s continued tightening bias when all four majors have priced hold through year-end. Bullock’s language pattern this morning will pre-signal the tone of the 3:30pm press conference.

What shoppers should watch. If Bullock walks back the tightening bias to a genuinely neutral stance, mortgage market pricing shifts earlier cuts into late 2026, which would put marginal upward pressure on discretionary spending in the November-December Christmas quarter. If she holds the hawkish line, retailers price the current final-winter clearance window as the last discount opportunity before spring stock lands from Friday 15 August. The clearance markdowns Australian shoppers see today are being set with that outcome in mind.

Fuel Day Nine: FuelNow Tracker Live

Fuel excise restoration Day 9. The FuelNow live tracker (updated 11 August 2026) reports the full 17 point 6 cent per litre passthrough is now priced in at 35 per cent of 7,129 monitored stations, with the median station sitting 14 cents per litre above its own late-July price. Diesel: 44 per cent of stations at full passthrough, median +16 point 5 cents per litre. ACCC’s 22nd weekly fuel monitoring report puts the 5-city retail petrol average to 5 August at 208 cents per litre (+7 per cent week on week) and diesel at 247 cents per litre (+6 per cent week on week), per FuelPlan.gov.au. The next ACCC weekly report drops today or tomorrow (the 23rd weekly monitoring update). RACQ’s Ian Jeffreys forecasts peak within 10 days of restoration, meaning peak lands somewhere between today and Friday 13 August. So peak is 2 to 4 days away.

Tuesday tactical actions. First, before you leave the driveway check Fuel Check NSW, FuelWatch WA, FuelCheck TAS, MyFuel NT, MotorMouth or PetrolSpy. The cheapest-to-most-expensive gap in metro Sydney remains at 60 cents per litre. Second, if your vehicle handbook allows a grade drop from Premium 98 to U91 or E10, NRMA data has the grade spread at a record 26 point 5 cents per litre. On a 55-litre fill that is 14 dollars 60 cents saved. Third, if you can lock a 7-day price with 7-Eleven Fuel Lock, do it before Wednesday morning. On a peak week a 20 cent per litre difference on 55 litres is 11 dollars.

CommBank FY26 Result Tomorrow

Commonwealth Bank of Australia releases its FY26 full-year result at 9:30am AEST Wednesday 12 August, per the CBA financial calendar. The 1H26 interim dividend was 2 dollars 35 cents fully franked, up 4 per cent on 1H25. IG’s FY26 earnings preview on 4 August forecasts a final dividend of approximately 2 dollars 65 cents fully franked, taking the FY26 total to around 5 dollars 05 cents (up from 4 dollars 85 cents PCP). Ex-dividend date is 19 August 2026, record date 20 August, payment date 29 September 2026.

What Australian shopper households should watch beyond the dividend headline. First, mortgage impairment guidance for the 3 million CBA home-loan households: any deterioration in loan-book quality or provisioning signals stress that discretionary spending would feel. Second, retail deposit growth (the household savings buffer). Third, credit card and buy-now-pay-later balance trends. CBA does not touch itsonsale.com.au deals directly, but the household budget signals in the FY26 report shape retailer pricing decisions for the September-November lead-up to Christmas.

Tuesday Top 5 Deals

Every store in Tuesday’s Top 5 is Australian owned or locally fulfilled. Every discount was verified against the store’s own live sale page this morning. None of it is Temu, Shein, AliExpress, Wish or any offshore marketplace dressed up as a local brand. Every product ships from an Australian warehouse and is backed by the Australian Consumer Law. Princess Polly leads today at up to 80 per cent off dresses, tops, jeans, knits, coats, activewear and shoes from the Gold Coast founded Australian womens fashion brand launched in 2010. Baku Swimwear follows at up to 70 per cent off bikinis, one pieces, resort wear and cover ups from the Sydney based Australian swim label since 1998. Gazman at up to 60 per cent off delivers mens shirts, tailoring, chinos, knitwear, jackets and accessories from the Australian owned mens fashion brand since 1975. Graham’s Jewellers at up to 60 per cent off holds engagement rings, wedding bands, diamond jewellery, watches and gifts from the Australian family owned jeweller since 1949. Telstra at up to 50 per cent off closes the Top 5 with mobile plans, prepaid phones, home internet bundles, smart home devices and entertainment plans from Australia’s largest telecommunications company since 1901.

Other Deals Worth A Look

Beyond the Top 5, a handful of other Australian owned or locally fulfilled retailers are worth a Tuesday scroll. General Pants (today’s Top 6 ticker pick) holds up to 40 per cent off streetwear, denim, sneakers, tees and outerwear from the Sydney founded Australian youth fashion retailer since 1972. Veronika Maine continues at 30 per cent off tailoring, dresses and coats from the Sydney founded contemporary womens label. MyHouse continues its up to 50 per cent off homewares run. Williams Shoes is at 30 per cent off leather boots and business footwear. All Australian owned or locally fulfilled, all backed by the Australian Consumer Law.

Week Ahead

Four dates matter for Australian shopper wallets across the rest of this week. Tuesday 11 August 9:30am AEST: Governor Bullock testifies to the House of Representatives Standing Committee on Economics. 11:30am AEST: NAB Business Confidence for July release. 2:30pm AEST: RBA cash rate decision, priced at 96 per cent hold, followed by Governor Bullock’s 3:30pm press conference and the quarterly Statement on Monetary Policy. Wednesday 12 August 9:30am AEST: Commonwealth Bank FY26 full-year result and dividend announcement, watch the mortgage-book impairment guidance and the final dividend size (IG forecasts 2 dollars 65 cents fully franked). Thursday 13 August 11:30am AEST: unemployment data for July release (last was 4 point 3 per cent). Between Friday 15 August and Wednesday 20 August: retailer spring stock transition begins across major fashion, footwear and homewares categories, closing the winter clearance window.

Our Take

Tuesday 11 August is the pivot day. The RBA holds at 2:30pm this afternoon, all four majors aligned, 96 per cent priced. That removes household mortgage anxiety for another 6 weeks and gives shopper confidence a marginal lift. Business confidence, meanwhile, is at record lows across all six states, and retailer margin pressure is producing genuinely deep final-winter clearance today. Fuel remains the sharpest weekly wallet drag, 5-city petrol averaging 208 cents per litre with peak 2 to 4 days away and the U91 to Premium 98 grade spread at a record 26 point 5 cents per litre. CommBank’s FY26 result tomorrow morning delivers the last major household-budget signal before spring stock lands from Friday. This is the last full discount week on winter apparel, boots, thermals, coats, homewares and small appliances at Australian retailers. From Friday, floor space transitions to spring, and today’s headline discounts on remaining winter stock are the deepest of the year.

That is exactly why It’s On Sale exists. We track 35,000 Australian stores and 45,000 live sale products, every retailer Australian owned or locally fulfilled, every promotion audited daily against the store’s own price history. No trial traps, no hidden fees, no offshore marketplaces dressed up as a local brand. Today’s Sales shows every store currently running a discount in one place. The AI search reads the way real shoppers ask (try “winter coat clearance” or “swimwear sale”). None of it is Temu, Shein, AliExpress, Wish or any offshore marketplace dressed up as a local brand. Browse Today’s Sales this Tuesday morning to hit the final winter clearance week at Australian retailers who stand behind the ticket and the Australian Consumer Law.

RBA Board Meets Today, Fuel Day Eight, Myer Takes Designers From David Jones. | It s On Sale Daily Brief, 10 August 2026

Monday morning. The Reserve Bank of Australia’s Monetary Policy Board is meeting today and tomorrow, with the cash rate decision due at 2:30pm AEST Tuesday 11 August. All 37 economists in a Reuters poll forecast a hold at 4 point 35 per cent. Interbank futures price the chance of a hike at just 4 per cent, down from a live 30 per cent probability three weeks ago. Governor Michele Bullock’s press conference and the quarterly Statement on Monetary Policy follow at 3:30pm Tuesday. NAB Business Confidence for July releases 11:30am Tuesday, alongside the RBA call, and Roy Morgan Business Confidence has just printed a record-low 76. On the fashion floor, Sydney Morning Herald reports Effie Kats, Acler, Significant Other, Aston Studios and R M Williams have left David Jones for Myer, while Myer’s flagship Sydney beauty department is deep in a multi-million-dollar renovation. Fuel Day 8: 5-city petrol averages 207 point 5 cents per litre, diesel 247 point 3 cents, with peak still forecast 3 to 5 days away. Spring stock transition begins in 5 to 10 days across major fashion, footwear and homewares. Today’s Top 5 opens with Glassons at up to 60 per cent off dresses, jeans, knitwear and coats from the Australian-owned womens fashion label, and Strandbags at up to 50 per cent off handbags, backpacks and travel luggage from Samsonite, Antler, American Tourister and 60 plus brands through the Australian-owned specialist since 1927.

RBA Board Meets Today, Decision 24 Hours Away

The Reserve Bank of Australia’s Monetary Policy Board convened this morning for the first day of its August meeting, with the cash rate decision released at 2:30pm AEST Tuesday 11 August. According to Wayne Cole at Reuters (via Investing Live) on 6 August 2026, all 37 economists surveyed forecast the Board will hold the cash rate at 4 point 35 per cent. 27 of 36 respondents expect no change through end-December. Interbank futures agree: Property Investment Professionals put the hike probability at roughly 4 per cent, down from a live 20 to 30 per cent probability three weeks ago before the softer 30 July June quarter CPI print (headline 3 point 8 per cent, trimmed mean 3 point 6 per cent). All four major Australian banks now forecast a hold: OrbitRemit’s 6 August preview confirms Westpac, the last major-bank hawk, dropped its August hike call within a day of the CPI release.

The real event tomorrow is not the rate call. It is Governor Michele Bullock’s 3:30pm AEST press conference and the accompanying quarterly Statement on Monetary Policy, which delivers a full forecast round with updated growth, inflation, unemployment and wage projections. Bullock’s 28 July Anika Foundation speech maintained explicit hiking bias, warning that the Board “is prepared to act as required, including by increasing the cash rate target further if required”. The question tomorrow is whether the language walks back to a neutral monitoring stance or holds firm. First rate cut consensus across all four majors remains 2027: NAB sees June 2027, ANZ September 2027, CBA mid-2027, Westpac August 2027. Household shopper impact: mortgage variable rates near 6 point 65 per cent lock in for another 6 weeks minimum. That certainty removes one household anxiety heading into the spring transition.

Business Confidence At Record Low

Finder’s latest Cash Rate Survey shows 92 per cent of economists forecast the RBA hold, aligning with market pricing. On the business side the mood is far darker. Roy Morgan Business Confidence for July fell 1 point 5 points to 76, the LOWEST LEVEL EVER RECORDED and the fourth consecutive month below 80. A record-low 25 point 5 per cent of Australian businesses believe now is a good time to invest in growth. It’s now below 80 across all six states for the first time. NAB’s Q2 Business Confidence, released 29 July, sat at negative 19 index points, 22 points below the long-run average.

NAB Business Confidence for July releases 11:30am AEST Tuesday 11 August, alongside the RBA call, per Trading Economics. Consumer confidence, however, has ticked up: ANZ-Roy Morgan’s early August print rose 3 point 5 points to 74 point 7 (still 15 point 9 points below the same week 2025). Westpac Melbourne Institute Consumer Sentiment for July lifted 4 point 1 per cent to 83 point 9 with 12-month family finance expectations surging 13 point 4 per cent. The gap between improving household mood and record-low business mood is the pressure squeezing retail margins right now, and that pressure is landing on final winter clearance markdowns.

Myer Takes Designers, David Jones Fights Back

The Australian department store war shifted this weekend. Rachel Wells at The Sydney Morning Herald on 5 August 2026 reports that Effie Kats, Acler, Significant Other and Aston Studios have ended their exclusive David Jones contracts to sign exclusively with Myer, joining R M Williams which ended its David Jones relationship 9 months ago. By the end of August, Myer will stock a total of 25 new womenswear brands including heritage label Oroton, Ena Pelly, elevated essentials brand Bayse, Morrison, RAEF the Label, Arcaa, Nude Lucy, UK brand Aligne, and LA activewear brand Varley. In beauty, Luxe Skincare, La Mer and Gilan Beauty have moved from David Jones to Myer, timed with a multi-million-dollar renovation of Myer’s flagship Sydney beauty department.

David Jones is fighting back with its own AW2026 brand additions. Ragtrader’s February report lists 40 new international and Australian labels including Jacquemus, Maison Margiela, Nour Hammour, Damson Madder, St. Agni, Courtney Zheng, Harris Tapper, Maggie Marilyn, Givenchy, Versace, Demellier, Aquazzura and Alaia. What this means for shoppers today: both department stores are running unusually deep late-winter clearance to hold market share through the transition window. Myer’s Spring Home Positional launch continues through Sunday 23 August (13 days from today) alongside its final winter markdowns. Watch for the David Jones EOFY Beauty and Homewares reset from Thursday 14 August as it counters Myer’s beauty push.

Fuel Day Eight: Peak Still Three To Five Days Away

Fuel excise restoration Day 8. The full 53 point 7 cents per litre excise (16 cent restoration plus 1 point 1 cent CPI indexation) took effect Monday 3 August. The ACCC 22nd weekly fuel price monitoring report puts the 5-city retail petrol average to 5 August at 207 point 5 cents per litre (+12 point 2 cents since 2 August) and diesel at 247 point 3 cents per litre (+10 point 3 cents). The next ACCC weekly report is due mid-week. RACQ’s Ian Jeffreys forecasts peak within 10 days of restoration, meaning peak lands somewhere between Wednesday 13 August and Friday 15 August. Today is Day 8, so peak is still 3 to 5 days away.

Monday tactical actions. First, before you leave the driveway check Fuel Check NSW, FuelWatch WA, FuelCheck TAS, MyFuel NT, MotorMouth or PetrolSpy. The cheapest-to-most-expensive gap in metro Sydney is 66 cents per litre. Second, if your vehicle handbook allows a grade drop from Premium 98 to U91 or E10, NRMA data has the grade spread at a record 26 point 5 cents per litre. On a 55-litre fill that is 14 dollars 60 cents saved. Third, if you can lock a 7-day price with 7-Eleven Fuel Lock, do it before Wednesday. On a peak week a 20 cent per litre difference on 55 litres is 11 dollars.

Spring Stock: The Final Winter Discount Week

ShopBack Australia’s late July savings analysis puts spring stock landing between 15 and 20 August across major fashion, footwear, homewares and lifestyle categories. Today is Monday 10 August, meaning the winter clearance window closes in 5 to 10 days. Retailers today are running some of the deepest headline discounts of the year on winter apparel, boots, thermals, coats, homewares and small appliances as they clear floor space. Household confidence data helps here: the Westpac Household Spending Indicator for June (released 4 August) came in at 0 point 8 per cent month on month, double the Westpac forecast, with Q2 volumes up 0 point 7 per cent quarter on quarter. Discretionary spending is holding up despite the record-low business mood.

Monday Top 5 Deals

1Today’s Top
Discount
GlassonsGlassonsWomen's WearUp to 60 per cent off Glassons: dresses, jeans, knitwear, tops, coats, activewear and swim from the New Zealand founded, Australian owned womens fashion brand with over 60 Australian stores, Afterpay, Zip and free Australia wide shipping over 100 dollars.60%OFF
2StrandbagsStrandbagsBags & LuggageUp to 50 per cent off Strandbags: handbags, backpacks, wallets, travel luggage and accessories from over 60 leading brands including Samsonite, Antler, American Tourister, Fossil, Guess and Kate Hill through the Australian owned bag and luggage specialist since 1927, with Afterpay, Zip and click and collect from 200 plus stores.50%OFF3Jac + JackJac + JackFashionUp to 40 per cent off Jac + Jack: silks, cashmere knits, tailoring, mens shirts and premium basics from the Sydney founded Australian designer label since 2004, with Afterpay and free Australia wide shipping over 150 dollars.40%OFF4Novo ShoesNovo ShoesWomen's FootwearUp to 40 per cent off Novo Shoes: heels, boots, flats, sneakers, sandals and workwear footwear from the Australian owned womens shoe brand since 1980, with Afterpay, Zip and free Australia wide shipping over 79 dollars, and click and collect from over 100 stores nationwide.40%OFF5Rebel SportRebel SportSport & FitnessUp to 40 per cent off Rebel Sport: running shoes, activewear, football and cricket boots, gym equipment, bikes, cricket gear and hiking gear from over 800 brands through Australia’s largest sports retailer since 1985 (500 plus stores nationwide), with Afterpay, Zip and click and collect.40%OFF

Every store in Monday’s Top 5 is Australian owned or locally fulfilled. Every discount was verified against the store’s own live sale page this morning. None of it is Temu, Shein, AliExpress, Wish or any offshore marketplace dressed up as a local brand. Every product ships from an Australian warehouse and is backed by the Australian Consumer Law. Glassons leads today at up to 60 per cent off dresses, jeans, knitwear, tops, coats, activewear and swim from the Australian-owned womens fashion label with over 60 Australian stores. Strandbags follows at up to 50 per cent off handbags, backpacks, wallets and travel luggage from Samsonite, Antler, American Tourister, Fossil, Guess, Kate Hill and 60 plus brands through the Australian-owned specialist since 1927. Jac + Jack at up to 40 per cent off delivers silks, cashmere knits, tailoring and premium basics from the Sydney founded Australian designer label since 2004. Novo Shoes at up to 40 per cent off holds heels, boots, flats, sneakers, sandals and workwear footwear from the Australian owned womens shoe brand since 1980. Rebel Sport at up to 40 per cent off closes the Top 5 with running shoes, activewear, football and cricket boots, gym equipment, bikes and hiking gear from Australia’s largest sports retailer since 1985.

Other Deals Worth A Look

Beyond the Top 5, a handful of other Australian owned or locally fulfilled retailers are worth a Monday scroll for the final winter discount week. Koala (today’s Top 6 ticker pick) holds up to 30 per cent off mattresses, sofas, bed frames, dining tables and rugs from the Sydney founded Australian direct-to-consumer furniture brand since 2015. Veronika Maine continues at 30 per cent off tailoring, dresses and coats from the Sydney founded contemporary womens label. Williams Shoes is at 30 per cent off leather boots and business footwear. MyHouse continues its up to 50 per cent off homewares run. All Australian owned or locally fulfilled, all backed by the Australian Consumer Law.

Week Ahead

Five dates matter for Australian shopper wallets this week. Monday 10 August: RBA Monetary Policy Board meeting Day 1. Tuesday 11 August 2:30pm AEST: the RBA cash rate decision, priced at 96 per cent hold, followed by Governor Bullock’s 3:30pm press conference and the quarterly Statement on Monetary Policy. Also Tuesday 11:30am AEST: NAB Business Confidence for July release. Wednesday 12 August: Commonwealth Bank FY26 full-year result and dividend announcement, watch mortgage book impairment guidance. Thursday 13 August: unemployment data for July release (last was 4 point 3 per cent). Between Friday 15 August and Wednesday 20 August: retailer spring stock transition begins across major fashion, footwear and homewares categories, closing the winter clearance window.

Our Take

Monday 10 August opens the pivot week. The RBA holds Tuesday, all four majors aligned, 96 per cent priced. That removes household mortgage anxiety for another 6 weeks and gives shopper confidence a marginal lift. Business confidence, meanwhile, is at record lows across all six states, and retailer margin pressure is producing genuinely deep final-winter clearance. Fuel remains the sharpest weekly wallet drag, 5-city petrol averaging 207 point 5 cents per litre with peak still 3 to 5 days away and the U91 to Premium 98 grade spread at a record 26 point 5 cents per litre. The Myer versus David Jones designer war is real, is producing unusually deep late-winter markdowns at both, and the outcome shapes the Australian fashion floor for the next 12 months. This is the last full discount week on winter apparel, boots, thermals, coats, homewares and small appliances. From Friday, floor space transitions to spring.

That is exactly why It’s On Sale exists. We track 35,000 Australian stores and 45,000 live sale products, every retailer Australian owned or locally fulfilled, every promotion audited daily against the store’s own price history. No trial traps, no hidden fees, no offshore marketplaces dressed up as a local brand. Today’s Sales shows every store currently running a discount in one place. The AI search reads the way real shoppers ask (try “winter coat clearance” or “hiking boots sale”). None of it is Temu, Shein, AliExpress, Wish or any offshore marketplace dressed up as a local brand. Browse Today’s Sales this Monday morning to hit the final winter clearance week at Australian retailers who stand behind the ticket and the Australian Consumer Law.

It's On Sale Daily Brief Issue 70 header, final winter clearance Sunday, fuel Day 7, RBA 2 days out, 9 August 2026

Final Winter Clearance Sunday, Fuel Passthrough Day Seven, RBA Two Days Out. | It s On Sale Daily Brief, 9 August 2026

Sunday morning. This is the final day of Australia’s peak winter clearance weekend. Myer’s Super Weekend Offers close tonight. FuelNow’s live tracker of 7,126 Australian service stations shows 38 per cent already at the full 17 point 6 cent passthrough from the excise restoration, with the median station running 15 point 3 cents above its own late July price. RBA cash rate decision lands in 48 hours, Tuesday 11 August at 2:30pm AEST, with markets pricing the chance of a hike at just 4 per cent. All 37 economists surveyed by Reuters forecast a hold at 4 point 35 per cent. Spring stock transition begins in most fashion, footwear and homewares retailers between Saturday 15 August and Wednesday 20 August, giving Australian shoppers 6 to 11 days before floor space clears. Today’s Top 5 opens with Cotton On at up to 50 per cent off basics from the Geelong founded Australian owned casualwear label since 1991, plus Kathmandu at up to 50 per cent off winter jackets, thermals, hiking boots and camping gear from the outdoor specialist trusted for Australian conditions since 1987.

Final Sunday Of Peak Winter Clearance

Sunday 9 August is the last full day of Australia’s peak winter clearance weekend. The Myer Super Weekend Offers end tonight, with the department store running 50 per cent off Sheridan and Dunlopillo bed accessories, 50 per cent off selected Baccarat cookware (Myer One members), 40 per cent off Bendon, Fayreform and Pleasure State lingerie, 40 per cent off suitcase brands including Samsonite, American Tourister, Antler and High Sierra, and 25 per cent off small appliance brands including Remington, Russell Hobbs, Bodum, Philips, ghd and Panasonic. Myer is also running a parallel Spring Home Positional launch through Sunday, meaning today straddles two competing product cycles at the same retailer, deep winter clearance on one side, first spring launches on the other.

The window on winter apparel is closing fast. ShopBack Australia’s late July savings brief confirms the sharpest reductions on outerwear, knitwear and boots land in the last two weeks before spring transitional ranges arrive in store. Spring stock transition begins in most fashion, footwear and homewares retailers between Saturday 15 August and Wednesday 20 August, giving Australian shoppers just 6 to 11 days from today to hit the deepest markdowns. For anything you have been sitting on in winter apparel, coats, knitwear, boots or thermals, this is the final Sunday you will see this discount tier before floor space transitions. Sussan at up to 50 per cent off womens fashion (140 nationwide stores for click and collect) and Cotton On at up to 50 per cent off basics both close out the window today.

Fuel Day Seven: Live Passthrough Tracker Hits 38 Per Cent

Fuel excise restoration Day 7. The full 53 point 7 cents per litre excise (16 cent restoration plus 1 point 1 cent CPI indexation) took effect on Monday 3 August. On the retail side, the pump prices have been landing station by station as service stations turn over full excise stock. FuelNow’s live August passthrough tracker shows that as of this weekend, 2,685 of the 7,126 monitored Australian stations (38 per cent) are now at the full 17 point 6 cent passthrough, and the median station sits 15 point 3 cents above its own late July price. That leaves 62 per cent of stations either still working through pre 3 August fuel stock or below the full passthrough. Timing your fill window over the next week matters.

The ACCC’s 22nd weekly fuel price monitoring report (5 August data) puts the 5 city retail petrol average at 207 point 5 cents per litre and diesel at 247 point 3 cents per litre. Fuel Plan’s city breakdown for 5 August shows Sydney 2 dollars 04 cents per litre unleaded (+5 per cent in 7 days), Melbourne 2 dollars 09 cents (+8 per cent), Brisbane 2 dollars 07 cents (+7 per cent), Adelaide 2 dollars 08 cents (+8 per cent), Perth 2 dollars 10 cents (+7 per cent), Canberra 2 dollars 15 cents (+6 per cent), Hobart 2 dollars 12 cents (+8 per cent) and Darwin 2 dollars 15 cents (+7 per cent). FuelNow’s live cheapest per city this weekend: Sydney U91 159 point 9 cents, Melbourne 166 point 9 cents, Brisbane 168 point 9 cents, Perth 184 point 9 cents, Adelaide 189 point 9 cents.

Sunday tactical actions. First, check Fuel Check NSW, FuelWatch WA, FuelCheck TAS, MyFuel NT, MotorMouth or PetrolSpy before you drive. In Sydney the cheapest to most expensive gap is 66 cents per litre. In Melbourne the gap hit 235 cents per litre (mostly from a small handful of outlier ticketed stations). Second, if your vehicle handbook permits, drop from Premium 98 to U91 or E10. NRMA analysis puts the U91 to Premium 98 grade spread at a record 26 point 5 cents per litre, worth roughly 14 dollars 60 cents on a 55 litre tank. Third, lock a 7 day price with 7 Eleven Fuel Lock if you can. On a peak week a 20 cent per litre difference on 55 litres is 11 dollars. The peak is still forecast 3 to 4 days out.

RBA Two Days Out: Hike Priced At 4 Per Cent

Reserve Bank of Australia cash rate decision lands Tuesday 11 August at 2:30pm AEST, 48 hours from now. According to Investing Live on 6 August 2026, all 37 economists in a Reuters poll expect the RBA to hold the cash rate at 4 point 35 per cent, and 27 of 36 see no change through year end. All Big Four Australian banks now forecast a hold: CBA, NAB, ANZ and Westpac (formerly the outlier calling a hike). Interbank futures price the chance of a hike at roughly 4 per cent per Property Investment Professionals published 8 August 2026, down from 20 to 30 per cent probability just three weeks ago before the softer 30 July June quarter CPI print (headline 3 point 8 per cent, trimmed mean 3 point 6 per cent).

The real event Tuesday is not the rate call. It is Governor Michele Bullock’s 3:30pm AEST press conference and the accompanying quarterly Statement on Monetary Policy, which delivers a full forecast round with updated growth, inflation, unemployment and wage projections. Watch the statement language. Governor Bullock’s 28 July Anika Foundation speech (titled “Monetary Policy in an Era of Shocks”) maintained an explicit tightening bias, “the board is prepared to act as required, including by increasing the cash rate target further if required”, per Shane Wright at The Sydney Morning Herald on 28 July 2026. That speech pre dated the soft CPI. The question is whether Tuesday’s statement walks that hawkish tone back to a neutral monitoring stance or holds firm. Household spending impact: with all four majors aligned on hold through end 2026 and first cut projected mid to late 2027, mortgage variable rates near 6 point 65 per cent lock in for another 6 weeks.

Designers Ditch David Jones, Myer Presses

Sydney Morning Herald fashion editor reporting on 3 August 2026 details a shifting balance in the Australian department store war. Designers are moving from David Jones to Myer, changing the negotiating dynamic between the two, and pressuring both to run deeper premium fashion clearance. For Australian shoppers, that competitive tension is landing right now: Myer’s Super Weekend Offers and Spring Home Positional launch, both running through today, are unusually deep for a single-weekend push. Deep discount competition typically continues for another 5 to 10 days as retailers try to hold market share through the transition window.

Australian consumer confidence lifted 4 point 1 per cent in July to 83 point 9, the first real improvement since February, per the Westpac Melbourne Institute Consumer Sentiment Bulletin. Households showed brighter 12 month expectations for family finances (+13 point 4 per cent to 96 point 5) and unemployment expectations fell 7 point 1 per cent. The August print releases Monday 18 August at 12:30am AEST, so retailers currently cannot read whether the RBA hold and softer CPI has fed through to Aug sentiment. That uncertainty pushes them to keep clearance running deep through this weekend and into next week.

Sunday Top 5 Deals

1Today’s Top
Discount
Cotton OnCotton OnFashion & BasicsUp to 50 per cent off Cotton On: mens, womens, kids and baby basics, tees, hoodies, denim, sleepwear, active and accessories from the Geelong founded Australian owned casualwear label since 1991, with Afterpay, Zip and free Australia wide shipping over 55 dollars.50%OFF
2KathmanduKathmanduOutdoor & CampingUp to 50 per cent off Kathmandu: winter jackets, down puffers, thermals, hiking boots, tents, sleeping bags, backpacks and travel gear from the outdoor specialist trusted for Australian conditions since 1987, with Afterpay, Zip and free Australia wide shipping over 100 dollars.50%OFF3SussanSussanWomen's WearUp to 50 per cent off Sussan: dresses, knitwear, tops, jeans, coats, sleepwear and accessories from the Melbourne founded Australian womens fashion label since 1939, with Afterpay, Zip and free Australia wide shipping over 100 dollars, and click and collect from over 130 stores nationwide.50%OFF4TypoTypoStationery & GiftsUp to 50 per cent off Typo: stationery, notebooks, journals, art and craft supplies, tech accessories, mugs, planners and gifts from the Cotton On Group’s Australian owned lifestyle brand, with Afterpay, Zip and free Australia wide shipping over 55 dollars.50%OFF5Lee MathewsLee MathewsWomen's WearUp to 40 per cent off Lee Mathews: dresses, tops, knitwear, tailoring and outerwear from the Sydney founded designer label since 1996, considered by many the quiet gold standard of contemporary Australian womens fashion, with Afterpay and Australia wide shipping.40%OFF

Every store in Sunday’s Top 5 is Australian owned or locally fulfilled. Every discount was verified against the store’s own live sale page this morning. None of it is Temu, Shein, AliExpress, Wish or any offshore marketplace dressed up as a local brand. Every product ships from an Australian warehouse and is backed by the Australian Consumer Law. Cotton On at up to 50 per cent off leads today with mens, womens, kids and baby basics, tees, hoodies, denim, sleepwear, active and accessories from the Geelong founded Australian owned casualwear label since 1991. Kathmandu at up to 50 per cent off delivers the last of winter jackets, down puffers, thermals, hiking boots, tents, sleeping bags, backpacks and travel gear from the outdoor specialist trusted for Australian conditions since 1987. Sussan at up to 50 per cent off holds dresses, knitwear, tops, jeans, coats, sleepwear and accessories from the Melbourne founded Australian womens fashion label since 1939 with 130 plus stores for click and collect. Typo at up to 50 per cent off delivers stationery, journals, art and craft supplies, tech accessories and gifts from the Cotton On Group’s Australian owned lifestyle brand. Lee Mathews at up to 40 per cent off closes the Top 5 with dresses, tops, knitwear, tailoring and outerwear from the Sydney founded designer label since 1996.

Other Deals Worth A Look

Beyond the Top 5, a handful of other Australian owned or locally fulfilled retailers are worth a Sunday scroll for the final clearance push. Lounge Lovers (today’s Top 6 ticker pick) holds up to 40 per cent off sofas, armchairs, dining tables, bedroom furniture, rugs and lighting from the Melbourne founded Australian furniture retailer. Sportitude is at 40 per cent off running shoes, sneakers, activewear and sports accessories. Veronika Maine is at 30 per cent off tailoring, dresses and coats. MyHouse continues its up to 50 per cent off homewares run. UGG since 1974 is at 30 per cent off classic and modern ugg styles. All Australian owned or locally fulfilled, all backed by the Australian Consumer Law.

Week Ahead

Four dates matter for Australian shopper wallets between now and Wednesday. Monday 10 August: RBA meeting Day 1, plus Westpac Consumer Confidence for August (12:30am AEST) and NAB Business Confidence for July (11:30am AEST). Tuesday 11 August 2:30pm AEST: the RBA cash rate decision, priced at 96 per cent hold, followed by Governor Bullock’s 3:30pm press conference and quarterly Statement on Monetary Policy. Wednesday 12 August: CBA FY26 full year result and dividend announcement, watch the mortgage book impairment guidance. Between Saturday 15 August and Wednesday 20 August: retailer spring stock transition begins across major fashion, footwear and homewares categories. That closes the winter clearance window.

Our Take

Sunday 9 August closes the peak weekend of Australia’s 2026 winter clearance. From tomorrow, discounts on winter apparel and footwear will widen only marginally before spring stock lands 15 to 20 August. The RBA hold is essentially locked for Tuesday, all four majors aligned, 96 per cent priced. That removes the mortgage rate anxiety from household confidence for another 6 weeks. Fuel remains the sharpest weekly wallet drag, with metro petrol now averaging 207 point 5 cents per litre and the FuelNow live tracker showing 38 per cent of Australian stations at the full 17 point 6 cent passthrough. The median station is 15 point 3 cents above late July, and peak is still forecast 3 to 4 days out. The U91 to Premium 98 grade spread at a record 26 point 5 cents per litre is a real lever if your handbook allows a grade drop. This weekend is the price floor on winter apparel, footwear, boots, homewares, candles, sports gear and gifting.

That is exactly why It’s On Sale exists. We track 35,000 Australian stores and 45,000 live sale products, every retailer Australian owned or locally fulfilled, every promotion audited daily against the store’s own price history. No trial traps, no hidden fees, no offshore marketplaces dressed up as a local brand. Today’s Sales shows every store currently running a discount in one place. The AI search reads the way real shoppers ask (try “winter coat clearance” or “hiking boots sale”). None of it is Temu, Shein, AliExpress, Wish or any offshore marketplace dressed up as a local brand. Browse Today’s Sales this Sunday morning to hit the final winter clearance day at Australian retailers who stand behind the ticket and the Australian Consumer Law.

Peak Winter Clearance Saturday, Petrol Averages 207 Cents, RBA Hold Three Days Out. | It s On Sale Daily Brief, 8 August 2026

Saturday morning. This is the peak weekend of Australia’s winter clearance calendar. Spring stock transition lands in most fashion, footwear and homewares retailers between Saturday 15 August and Wednesday 20 August, giving Australian shoppers roughly 7 to 12 days of the deepest winter markdowns before floor space is cleared. The ACCC’s weekly fuel monitor released Thursday puts the 5 city average petrol price at 207 point 5 cents per litre and diesel at 247 point 3 cents per litre, both still climbing toward the forecast 2 dollar 20 unleaded and 2 dollar 60 diesel peak. RBA cash rate decision now 3 days away, Tuesday 11 August 2:30pm AEST. Market pricing implies just 4 per cent probability of a hike, essentially unanimous hold. Today’s Top 5 opens with Kick Push Skate at up to 80 per cent off Australian owned skate specialist gear, plus Betts at up to 70 per cent off footwear from Australia’s oldest family owned shoe retailer since 1892.

Saturday: Peak Weekend Of Winter Clearance

Australia’s winter clearance follows a predictable annual curve, and Saturday 8 August lands at the deepest point of that curve. First markdowns hit alongside EOFY in late June. Discounts deepen through mid July. The floor arrives in the first two weeks of August, before spring transitional stock lands in most fashion, footwear and homewares retailers between Saturday 15 August and Wednesday 20 August. ShopBack Australia’s late July savings brief notes that the sharpest reductions on outerwear, knitwear, and boots land in the last two weeks before spring transitional ranges arrive in store. That gives Australian shoppers roughly 7 to 12 days to hit these markdowns before floor space transitions.

The practical read this Saturday morning. First, anything you have been sitting on in winter apparel (jackets, knitwear, boots, coats, thermals), the discount will only widen marginally from here before spring stock replaces the racks. Retailers with soft FY26 numbers reporting into profit season (Day 3 today) have the strongest incentive to clear inventory this weekend. Second, homewares and candles are running deep clearance because winter fragrance and heavier textiles do not sell into spring. Third, art and craft supplies typically stay on markdown longer than fashion because seasonality is weaker, but the peak discount is right now. Fourth, footwear runs its own transition roughly 7 to 14 days after fashion, so boots and closed-toe footwear are at their deepest markdown this weekend.

Fuel Day Six: ACCC Confirms 207 Cent Petrol Average

The Australian Competition and Consumer Commission released its 22nd weekly fuel price monitoring report on Thursday 7 August, covering market movements up to 5 August. According to the ACCC weekly fuel report of 7 August 2026, by 5 August daily average retail petrol prices across the five largest cities stood at 207 point 5 cents per litre, an increase of 12 point 2 cents per litre compared with 2 August. Diesel across the same cities was 247 point 3 cents per litre, up 10 point 3 cents per litre over the same period. Regional monitoring across more than 190 locations showed petrol at 211 point 6 cents per litre and diesel at 250 point 5 cents per litre.

The ACCC confirms the full restoration of the fuel excise took effect on 3 August. The new excise amount is 53 point 7 cents per litre, incorporating the restoration of the remaining 16 cents per litre from the temporary reduction, plus an indexed adjustment of 1 point 1 cents per litre reflecting Consumer Price Index changes. When accounting for GST on the excise change, the overall impact of tax changes on petrol and diesel prices could reach up to 18 point 8 cents per litre, per IndexBox on 7 August 2026. RACQ principal economist Ian Jeffreys told ABC News on 2 August 2026 that retail unleaded is projected to peak around 2 dollars 20 cents per litre and diesel around 2 dollars 60 cents per litre within the 10 day passthrough window from Monday 3 August. Saturday is Day 6. Peak is still forecast 4 to 5 days away.

Weekend tactical actions. First, if the vehicle handbook allows, drop to E10 or 91 unleaded on the next fill. NRMA analysis for Nine Newspapers on 3 August 2026 shows the E10 to Premium 98 grade spread hit a record 26 point 5 cents per litre. On a 55 litre tank that spread is worth roughly 14 dollars 60 cents on the ticket. Never run E10 in a vehicle that does not accept it. Second, use the live state fuel apps. Fuel Check NSW for New South Wales and ACT, FuelWatch WA for Western Australia (24 hour price lock), FuelCheck TAS for Tasmania, MyFuel NT for Northern Territory. Queenslanders use MotorMouth or PetrolSpy. Third, if you can lock a 7 day fuel price with 7 Eleven Fuel Lock, this weekend is worth locking. On a peak week a 20 cent per litre difference on a 55 litre tank is 11 dollars per fill.

RBA Three Days Out: Hike Priced At 4 Per Cent

The Reserve Bank of Australia cash rate decision lands 3 days away, at 2:30pm AEST on Tuesday 11 August. The tone has shifted sharply through this week. All 37 economists in a Reuters poll expect the RBA to hold at 4 point 35 per cent, and 27 of 36 see no change through year end, per Investing Live on 6 August 2026. Interbank futures priced the chance of a hike at roughly 4 per cent in the days after the June quarter CPI print, per Property Investment Professionals published 8 August 2026. That is a dramatic move from the 20 to 30 per cent hike probability implied earlier in the week.

What changed? The June quarter CPI print released 29 July came in below RBA forecasts: headline inflation 3 point 8 per cent (versus 4 per cent expected), trimmed mean 3 point 6 per cent (steady). That gave the Monetary Policy Board cover to hold and cooled market hike pricing across the week. Westpac, which had been the outlier forecasting a hike, updated its forecast after CPI and now joins CBA, NAB and ANZ in calling a hold. All four majors now agree no cuts until at least mid to late 2027. For Australian mortgage holders, that means variable rates near 6 point 65 per cent through the rest of 2026 and into 2027, per the same Property Investment Professionals preview. The key signal on Tuesday will be Governor Bullock’s 3:30pm press conference: watch for whether the “will do what is necessary, including increasing the cash rate target further if required” tightening bias remains in the statement or is softened to neutral monitoring language.

What To Prioritise This Weekend

Australian household spending was up 0 point 8 per cent month on month in June to 81 point 3 billion dollars, with the annual pace lifting to 6 per cent, a three month high, per the ABS Monthly Household Spending Indicator. Consumer appetite is holding up despite the 30 July CPI reading. The scarce resource is time. Spring stock transition begins in 7 to 12 days across major fashion, homewares and footwear categories. If you plan a winter purchase for the next 12 months, this weekend is the price floor.

Four practical priorities for Saturday and Sunday. First, winter footwear (boots, closed-toe shoes) where Betts leads today at up to 70 per cent off. Boots historically deep discount for another 7 to 14 days after apparel transitions. Second, winter apparel where Sportsgirl leads today at up to 70 per cent off from the Melbourne founded contemporary women’s fashion label since 1948. Third, homewares and gifting where retailers are clearing winter textiles and heavier scented product. Fourth, sports and lifestyle where Kick Push Skate leads today at up to 80 per cent off from the Australian owned skateboarding specialist, plus Scooter Hut and Sunnylife also running at up to 50 per cent off. If you have a specific product in mind, verify it is in stock at the discount tier before travelling. Nothing worse than a wasted Saturday drive to a bricks and mortar clearance with the size gone.

Saturday Top 5 Deals

Every store in Saturday’s Top 5 is Australian owned or locally fulfilled. Every discount was verified against the store’s own live sale page this morning. None of it is Temu, Shein, AliExpress, Wish or any offshore marketplace dressed up as a local brand. Every product ships from an Australian warehouse and is backed by the Australian Consumer Law. Kick Push Skate at up to 80 per cent off leads today, with the Australian owned skateboarding specialist running deep clearance on complete boards, decks, trucks, wheels, protective gear and skate shoes. Betts at up to 70 per cent off holds men’s and women’s boots, heels, flats, sneakers, sandals and formal shoes from Australia’s oldest family owned footwear retailer since 1892, with 130 plus nationwide stores for click and collect. Sportsgirl at up to 70 per cent off delivers dresses, tops, jeans, denim, activewear, sneakers and accessories from the Melbourne founded women’s fashion label since 1948. OPSM at up to 50 per cent off leads eyewear clearance with prescription eyeglasses, sunglasses, contact lenses and premium frames from the Australian owned optical group with over 380 stores nationwide, plus Medicare and private health rebates. Scooter Hut at up to 50 per cent off delivers complete scooters, decks, wheels, bars, forks and scooter apparel from the Australian owned scooter specialist.

Other Deals Worth A Look

Beyond the Top 5, a handful of other Australian owned or locally fulfilled retailers are worth a Saturday scroll for the weekend clearance push. Sunnylife (today’s Top 6 ticker pick) holds up to 50 per cent off outdoor, pool, beach and lifestyle products from the Sydney born lifestyle brand. Lee Mathews is at 40 per cent off tops, dresses and knitwear from the Sydney designer label. Veronika Maine is at 30 per cent off tailoring, dresses and coats. MyHouse continues its up to 50 per cent off homewares run. UGG since 1974 is at 30 per cent off classic and modern ugg styles. All Australian owned or locally fulfilled, all backed by the Australian Consumer Law.

Week Ahead

Four dates matter for Australian shopper wallets between now and Wednesday. Saturday 8 August today: peak weekend of winter clearance. Sunday 9 August: still deep clearance, especially on winter footwear and homewares. Monday 10 August: RBA meeting Day 1, plus Westpac Consumer Confidence for August at 8:30am AEST and NAB Business Confidence for July at 11:30am AEST. Tuesday 11 August at 2:30pm AEST: the RBA cash rate decision, priced by markets at 96 per cent hold. Wednesday 12 August: CBA FY26 full year result and dividend announcement. Between 15 and 20 August: retailer spring stock transition begins across major fashion, homewares and footwear categories. The winter clearance window closes fast.

Our Take

Saturday 8 August is the single most important shopping day of Australia’s 2026 winter calendar. Spring stock transition begins in most retailers between 15 and 20 August, giving shoppers 7 to 12 days to hit the deepest markdowns before floor space clears. The RBA hold is essentially locked in for Tuesday (all four majors, 96 per cent priced), removing the immediate mortgage rate anxiety from consumer confidence for another 6 weeks. Fuel remains the sharpest household wallet drag with metro petrol now averaging 207 point 5 cents per litre and still climbing to a forecast 2 dollar 20 peak. The E10 to Premium 98 grade spread at a record 26 point 5 cents per litre is a real lever if the vehicle handbook allows a grade drop. Aldi continues to win the weekly grocery basket at 74 dollars 53 cents. This weekend is the price floor on winter apparel, footwear, boots, homewares, candles, sports gear and gifting.

That is exactly why It’s On Sale exists. We track 35,000 Australian stores and 45,000 live sale products, every retailer Australian owned or locally fulfilled, every promotion audited daily against the store’s own price history. No trial traps, no hidden fees, no offshore marketplaces dressed up as a local brand. Today’s Sales shows every store currently running a discount in one place. The AI search reads the way real shoppers ask (try “winter boots clearance” or “skate deals”). None of it is Temu, Shein, AliExpress, Wish or any offshore marketplace dressed up as a local brand. Browse Today’s Sales this Saturday morning to line up the peak weekend winter clearance with Australian retailers who stand behind the ticket and the Australian Consumer Law.

Trade Surplus Surprise, Fuel Cliff Day Five, Weekend Winter Clearance Peak, RBA Hold Four Days Out. | It s On Sale Daily Brief, 7 August 2026

Friday morning. Yesterday’s Trade Balance print landed as one of the biggest positive economic surprises of the year: Australia flipped to a 1 point 93 billion dollar June trade surplus against a market consensus of a 1 point 1 billion dollar deficit, a 3 billion dollar swing driven by a 9 point 6 per cent surge in exports, the largest monthly export rise in four years. That is a genuine tailwind for household wallets through a firmer Australian dollar on imported apparel, electronics and cosmetics. Day 5 of the fuel excise passthrough continues to grind toward the 2 dollar 20 unleaded peak. RBA cash rate decision now 4 days away, Tuesday 11 August 2:30pm AEST. Every single one of 37 economists surveyed says hold. Today’s Top 5 opens with Showpo at up to 80 per cent off Australian owned women’s fashion, plus the deepest weekend winter clearance window of the year now open.

Trade Surplus Surprise: A$1.93 Billion Beat

The Australian Bureau of Statistics released the June international trade in goods release yesterday at 11:30am AEST, and the print delivered a genuinely large upside surprise. The ABS reported a seasonally adjusted trade surplus of 1 billion 929 million dollars in June, versus market consensus for a 1 billion 100 million dollar deficit per Investing dot com on 6 August 2026. That is roughly a 3 billion dollar positive swing against forecast. Goods exports rose 4 billion 196 million dollars, or 9 point 6 per cent month on month, to 47 billion 696 million dollars. Bloomberg’s James Mayger reported this was “the most in four years”, per Bloomberg on 6 August 2026. Imports fell 100 million dollars, or 0 point 2 per cent.

The composition of the surprise is significant for consumers. Non-monetary gold exports drove the export surge, reflecting the Middle East safe haven bid. Metal ores and minerals lifted 839 million dollars (up 6 point 2 per cent) on iron ore and coal strength. Imports of consumption goods fell 110 million dollars, and imports of capital goods fell 496 million dollars, driven by a 24 point 3 per cent drop in ADP equipment (computer and tech), per IndexBox on 6 August 2026. In short, mining exports boomed and consumer import demand softened. Westpac senior economist Ryan Wells wrote for Westpac IQ on 6 August 2026 that “this was well above the 1 point 1 billion dollar deficit expected by the market and is the largest monthly surplus since February this year”. The Australian dollar appreciated roughly 0 point 2 per cent intraday post release, per TMGM on 6 August 2026.

What The Surplus Means For Household Wallets

A stronger Australian dollar, which the surplus support marginally, lifts the price paid in USD terms for imported goods. That flows to shoppers over the next 4 to 8 weeks in categories weighted to imports: consumer electronics, cosmetics, imported apparel, imported footwear, homewares and appliances. It does not flow to categories weighted to Australian labour and domestic production: fresh food, restaurant dining, hospitality, most services. For a household spending 200 dollars a fortnight on imported goods, a sustained 1 per cent AUD rally translates to roughly 100 dollars a year of purchasing power. That is not massive, but it is real, and it stacks on top of the winter clearance retail push and the sub 4 per cent inflation print from 30 July. Watch the AUD close on Friday to see if the surplus print holds momentum through the RBA meeting.

Fuel Cliff Day Five: Approaching The Peak Window

Day 5 of the excise passthrough and metropolitan pumps in Sydney, Melbourne, Brisbane, Adelaide, Perth and Canberra continue to grind upward. Peak retail unleaded is still forecast to hit 2 dollars 20 cents per litre and diesel 2 dollars 60 cents per litre within the 10 day window from Monday 3 August, per RACQ principal economist Ian Jeffreys via ABC News on 2 August 2026. That puts the peak most likely between Friday 7 August (today) and Wednesday 12 August. National average unleaded pump prices had already reached 1 dollar 97 cents per litre by Monday’s day one reading and diesel 2 dollars 39 point 2 cents per litre, per Nine Newspapers on 3 August 2026. NRMA analysis for the same report shows the E10 to Premium 98 grade spread has hit a record 26 point 5 cents per litre, up from 17 point 4 cents in 2012.

Practical actions this Friday morning before the weekend commute. First, if the vehicle handbook allows, drop from Premium unleaded to E10 or 91 unleaded on the next fill. On a 55 litre tank that spread is worth roughly 14 dollars 30 cents on the ticket. Never run E10 in a vehicle that does not accept it. Second, use the live state fuel apps. Fuel Check NSW for New South Wales and ACT, FuelWatch WA for Western Australia (where prices are locked 24 hours in advance), FuelCheck TAS for Tasmania, MyFuel NT for Northern Territory. Queenslanders use MotorMouth or PetrolSpy. Third, lock a 7 day price hedge with 7 Eleven Fuel Lock. On a peak week this is worth more than in a normal cycle: a 20 cent per litre difference on a 55 litre tank is 11 dollars per fill.

RBA Four Days Out: 37 Economists Say Hold

The Reserve Bank of Australia cash rate decision is now 4 days away, at 2:30pm AEST on Tuesday 11 August. The ABC live markets desk reported on 7 August 2026 that a poll of 37 prominent Australian economists yielded a unanimous no change prediction. All Big Four banks (CBA, NAB, ANZ and Westpac) are aligned on hold at 4 point 35 per cent. Money market pricing implies approximately 20 to 30 per cent hike probability, per OrbitRemit on 6 August 2026. The June quarter Consumer Price Index released 30 July was the decisive input: headline inflation 3 point 8 per cent (versus 4 per cent expected), trimmed mean 3 point 6 per cent (versus 3 point 7 per cent RBA forecast). Standard Chartered Australia economist Nicholas Chia labelled it “the uneasy pause” in a note published via FXStreet on 6 August 2026, flagging Q4 hike risk if domestic demand does not slow.

For household wallets, the RBA meeting matters in two ways. First, mortgage rates. All Big Four expect no more hikes in 2026, with the first cut not until mid to late 2027, per CBA head of Australian economics Belinda Allen writing on 30 July 2026. Second, Governor Michele Bullock’s post decision statement language. If Bullock softens the June hike warning language “will do what is necessary, including increasing the cash rate target further if required” to a more neutral “monitoring conditions”, that would be read by markets as the beginning of the end of the tightening cycle. If the language holds unchanged, the hike bias remains alive. Guardian economics editor Greg Jericho wrote on 6 August 2026 that in the June quarter cost of living for employee households rose 1 point 5 per cent, more than double the 0 point 6 per cent official CPI, driven by mortgage interest costs not counted in headline inflation. That gap continues to shape household purchasing behaviour.

Weekend Winter Clearance Peak

Saturday 8 August and Sunday 9 August mark the peak weekend of the winter clearance calendar. Retailers with soft FY26 numbers are still running deep, and the discount pressure that showed up in yesterday’s Top 5 (House at up to 80 per cent, Mossman at up to 70 per cent) is compounding today with the return of Australia’s biggest fashion clearance names. Winter apparel, footwear, homewares, art and craft supplies and candles are the peak categories through this weekend, with spring stock transition typically landing between 15 and 20 August, per historical retailer catalogue cycles. This is the practical read for the shopper: any winter jacket, footwear, homeware or seasonal item you have been sitting on, this weekend is the last deep discount window before spring stock replaces the clearance racks.

Beyond the fashion tier, the ASX full year profit season is now on Day 2, per the Australian Financial Review profit season calendar. Every retailer with a soft top line has an incentive to hit a strong final winter clearance number to buffer FY26 disclosure. That is the sharpest single retail dynamic of the moment. Yesterday’s household spending indicator print showed spending up 0 point 8 per cent in June to 81 point 3 billion dollars, with the annual pace lifting to 6 per cent, a three month high, per the ABS Monthly Household Spending Indicator. Consumer appetite is holding. What is scarce is time, with spring stock landing next Sunday to Wednesday.

Friday Top 5 Deals

Every store in Friday’s Top 5 is Australian owned or locally fulfilled. Every discount was verified against the store’s own live sale page this morning. None of it is Temu, Shein, AliExpress, Wish or any offshore marketplace dressed up as a local brand. Every product ships from an Australian warehouse and is backed by the Australian Consumer Law. Showpo at up to 80 per cent off leads today, with the Sydney founded contemporary women’s fashion label running deep clearance on dresses, tops, jeans, activewear and shoes. UGG Express at up to 80 per cent off holds authentic Australian made sheepskin ugg boots, slippers, moccasins, mittens and beanies from Australia’s largest ugg boot specialist. Nine West at up to 60 per cent off delivers heels, boots, ankle boots, flats, sandals and handbags from the Australia arm of the American footwear brand, locally fulfilled with Australian Consumer Law protections. Dusk at up to 50 per cent off leads home fragrance clearance with scented candles, diffusers, dining glassware and gifting from Australia’s home fragrance specialist since 2001. Eckersleys at up to 50 per cent off delivers art supplies, paints, brushes, canvases and craft materials from the Melbourne founded art and craft specialist since 1959.

Other Deals Worth A Look

Beyond the Top 5, a handful of other Australian owned or locally fulfilled retailers are worth a Friday scroll for the weekend clearance push. Portmans (today’s Top 6 ticker pick) holds up to 50 per cent off tailoring, dresses, tops and denim from the Australian owned women’s fashion label. Lee Mathews is at 40 per cent off tops, dresses and knitwear from the Sydney designer label. Veronika Maine is at 30 per cent off tailoring, dresses and coats. MyHouse continues its up to 50 per cent off homewares run. UGG since 1974 is at 30 per cent off classic and modern ugg styles. All Australian owned or locally fulfilled, all backed by the Australian Consumer Law.

Week Ahead

Four dates matter for Australian shopper wallets between now and Wednesday. Friday 7 August today: digesting the surprise June trade surplus, Day 5 of the fuel excise passthrough, and RBA finalising the August Statement on Monetary Policy for Tuesday release. Saturday 8 August and Sunday 9 August: peak weekend winter clearance, deepest markdown window before spring stock transition. Monday 10 August: RBA meeting Day 1, plus Westpac Consumer Confidence for August at 8:30am AEST and NAB Business Confidence for July at 11:30am AEST. Tuesday 11 August at 2:30pm AEST: the RBA cash rate decision, priced by markets at 70 to 80 per cent hold. Wednesday 12 August: CBA FY26 full year result and dividend announcement. Mid August between 15 and 20 August: retailer spring stock transition begins across major fashion, homewares and footwear categories.

Our Take

Friday 7 August is a rare day of mixed but net positive signals for Australian household budgets. The upside surprise trade surplus, driven by iron ore, coal, LNG and non-monetary gold exports, points to a firmer Australian dollar that will marginally cheapen imported apparel, electronics and cosmetics over the next 4 to 8 weeks. The 30 July June quarter CPI print at 3 point 8 per cent headline gives the RBA cover to hold on Tuesday, and 37 out of 37 surveyed economists agree. Day 5 of the fuel excise passthrough remains the sharpest single household wallet drag, but the record E10 to Premium 98 spread is a real lever if the vehicle handbook allows a grade drop. Saturday and Sunday mark the peak weekend of winter clearance, with spring stock transition still 8 to 13 days away. Aldi continues to win the weekly grocery basket at 74 dollars 53 cents. Discretionary spending was up 0 point 8 per cent in June. The window to hit deep winter markdowns is closing fast.

That is exactly why It’s On Sale exists. We track 35,000 Australian stores and 45,000 live sale products, every retailer Australian owned or locally fulfilled, every promotion audited daily against the store’s own price history. No trial traps, no hidden fees, no offshore marketplaces dressed up as a local brand. Today’s Sales shows every store currently running a discount in one place. The AI search reads the way real shoppers ask (try “women’s clearance” or “art and craft sale”). None of it is Temu, Shein, AliExpress, Wish or any offshore marketplace dressed up as a local brand. Browse Today’s Sales this Friday morning to line up the weekend winter clearance with Australian retailers who stand behind the ticket and the Australian Consumer Law.

Fuel Cliff Day Four, Trade Balance Print Today, Profit Season Opens, RBA Five Days Out. | It s On Sale Daily Brief, 6 August 2026

Thursday morning. Day 4 of the fuel excise passthrough and Sydney and Melbourne metropolitan pumps have now fully rebased through the standard midweek cycle. The gap between cheapest E10 and dearest Premium 98 has hit a record 26 point 5 cents per litre, up from 17 point 4 cents in 2012, per NRMA analysis cited by the Sydney Morning Herald. At 11:30am AEST today the Australian Bureau of Statistics releases the June international trade balance, the last major domestic data print before the RBA cash rate decision at 2:30pm AEST on Tuesday 11 August, now just 5 days away. Priced In News shows the no change consensus at 97 per cent. Today is also the opening day of ASX full year profit season, with retailer FY26 results starting to land. Today’s Top 5 opens with House at up to 80 per cent off homewares.

Fuel Day Four: Metro Rebase Fully Bites

Day 4 of the excise passthrough and metropolitan pumps in Sydney and Melbourne have now fully absorbed the Wednesday cycle rebase compounded with the excise reset. National average unleaded pump prices reached 1 dollar 97 cents per litre at the day one Monday reading and diesel 2 dollars 39 point 2 cents per litre, per Nine Newspapers on 3 August 2026 citing NRMA analysis. NRMA data also showed wholesale unleaded rebased to 2 dollars 1 point 5 cents per litre and diesel to 2 dollars 43 cents per litre on Monday, meaning by Day 4 practically every metropolitan retail site is now working through fully rebased stock carrying the full 53 point 7 cents per litre excise, per the ATO fuel excise Table 1.

The record spread between the cheapest E10 and dearest Premium 98 unleaded is the strongest fuel grade signal in a decade. NRMA reports the E10 to Premium 98 gap has hit 26 point 5 cents per litre, up from 17 point 4 cents in 2012, per Nine Newspapers. On a 55 litre tank that spread is worth roughly 14 dollars 30 cents. Peak forecast pump prices remain at 2 dollars 20 unleaded and 2 dollars 60 diesel by mid August, per RACQ principal economist Ian Jeffreys via ABC News on 2 August 2026. ACCC monitoring of the 5 largest capital cities showed the daily average retail petrol price at 193 point 6 cents per litre on 29 July, up 42 point 1 cents from 30 June, and diesel at 232 point 8 cents per litre, up 59 point 3 cents, per ACCC weekly fuel price monitoring on 24 July 2026. Regional averages across 190 monitored locations sat at 198 point 5 cents per litre. That is the baseline from which Day 4 compounds.

Fuel Actions For Thursday

Three practical actions this Thursday morning. First, if the vehicle handbook allows, drop from Premium to 91 or E10 unleaded for the next fill. The 26 point 5 cent per litre spread between the cheapest and dearest grades is a household budget lever worth roughly 14 dollars 30 cents on a 55 litre tank. Never run E10 in a vehicle that does not accept it. Check the fuel filler cap or the vehicle handbook first. Second, use the state fuel apps in parallel. Fuel Check NSW for New South Wales and ACT, FuelWatch WA for Western Australia where prices are locked 24 hours in advance, MyFuel NT for Northern Territory, FuelCheck TAS for Tasmania. Queenslanders use MotorMouth or PetrolSpy. Third, lock a second tank price with 7 Eleven Fuel Lock at any nominated 7 Eleven site for a 7 day price hedge.

Trade Balance June Lands 11:30am AEST

At 11:30am AEST today the Australian Bureau of Statistics releases the June international trade balance. The prior May print showed a 3 billion 18 million dollar trade deficit, the worst in a year. Trading Economics consensus is a narrower 1 billion 800 million dollar deficit. May exports were 43 billion 610 million dollars against imports of 46 billion 630 million dollars. This is the last major domestic economic print before the RBA cash rate decision at 2:30pm AEST on Tuesday 11 August, so bond and rate strategists will read it closely for iron ore, coal and LNG signals against a softening China backdrop. A wider than expected deficit would soften the Australian dollar and marginally reinforce the near unanimous RBA hold consensus. A narrower print signals resilient external demand and, at the margin, gives the RBA more cover for its “hike if required” language to remain in play.

Trade balance is a second tier print in the RBA hierarchy behind CPI, employment and WPI, but with 5 days to the meeting every data point now matters. Markets are priced for a 97 per cent no change probability, per Priced In News on 29 July 2026. Interbank overnight indexed swaps show a 4 per cent hike probability per Commerzbank economist Volkmar Baur via TMGM on 29 July 2026. All Big Four are now unanimous on hold at 4 point 35 per cent. CBA head of Australian economics Belinda Allen wrote on 30 July 2026 that “there is little need to tighten further given the combination of data prints since June”. Westpac, the last major hawk, dropped its two more hike call to 4 dollars 85 within a day of the June CPI release.

Retailer Profit Season Opens Today

Today Thursday 6 August is officially day one of the ASX full year profit season, per the Australian Financial Review profit season calendar published 4 August 2026. For Australian retail shoppers, the consumer angle is straightforward: retailer FY26 numbers now start landing over the next four weeks, and every retailer running with a soft top line has a strong reason to run aggressive winter clearance for the last three or four weeks of the sale window. That is exactly the discount pressure underlying today’s Top 5, where House is at up to 80 per cent off, Mossman is at up to 70 per cent off winter women’s fashion, and category leaders across menswear, health and beauty, outdoor and footwear are all sitting at 50 per cent off headline discounts. When a retailer’s FY26 sales miss the analyst consensus, the September and October relaunch cycle is compressed. Deep winter clearance now is the pressure valve.

Key retailer results the shopper should watch: JB Hi Fi, Nick Scali, Adairs, Super Retail Group and Wesfarmers all report over the coming three weeks. On the banking side, CBA reports its FY26 full year result on Wednesday 12 August, the day after the RBA decision, which typically sets the tone for the household lending market. For the average shopper, the practical read across is that ANY retailer heavily promoted through late July and early August is likely trying to buffer a soft FY26 outcome, which means the deep discount cycle underway right now is not just seasonal, it is FY reporting driven. This is the sharpest single week of the year to run down remaining winter apparel, footwear and homewares.

Consumer Angle: Grocery, Clothing And Household Spend

Beyond fuel, the two biggest shopper wallets to watch this Thursday morning are groceries and winter clothing. Cuugo Grocery Price Index this week: Aldi 74 dollars 53 cents (winner), Coles 72 dollars 25 cents, Woolworths 79 dollars 25 cents, IGA 101 dollars 2 cents. All three majors are down week on week: Woolworths 3 dollars 12 cents cheaper, Coles 4 dollars 40 cents cheaper, Aldi 2 dollars 63 cents cheaper. A multi store weekly shop that buys each item at the cheapest store this week comes to 61 dollars 67 cents, saving 12 dollars 86 cents versus even the cheapest single store total. On non promotional pricing Coles is 4 to 6 per cent cheaper than Woolworths for fresh produce, verified in Melbourne postcode 3000 per ShopBack on 30 July 2026.

On the household spending side, the ABS Monthly Household Spending Indicator released Monday showed spending rose 0 point 8 per cent in June to 81 point 3 billion dollars, with the annual pace lifting to 6 per cent, a three month high, per Reuters on 4 August 2026. New vehicle sales were the standout, up 3 per cent, with electric vehicle sales driving the momentum per ABS head of business statistics Tom Lay. Spending resilience against weakening Roy Morgan consumer confidence, which sat at a six week low last week, is the exact backdrop retailers are pitching this final winter clearance window into. Australian shoppers are still spending, but Roy Morgan tracking shows 39 per cent now actively delay purchases until major sale events. Discounts as deep as today’s House 80 per cent off are the trigger that converts intent to purchase.

Thursday Top 5 Deals

Every store in Thursday’s Top 5 is Australian owned or locally fulfilled. Every discount was verified against the store’s own live sale page this morning. None of it is Temu, Shein, AliExpress, Wish or any offshore marketplace dressed up as a local brand. Every product ships from an Australian warehouse and is backed by the Australian Consumer Law. House at up to 80 per cent off is the outright winner this Thursday, with Australia’s homewares specialist since 1994 running deep clearance across kitchenware, cookware, small appliances, glassware, bakeware, bathroomware and dining essentials from more than 175 nationwide stores. Mossman at up to 70 per cent off runs dresses, knitwear, tops, coats and denim from the Melbourne founded contemporary women’s fashion label. Hallensteins Brothers at up to 50 per cent off holds shirts, jumpers, chinos, jeans and outerwear from the Trans Tasman men’s fashion label. Healthy Life at up to 50 per cent off runs vitamins, supplements, protein, sports nutrition, natural beauty and organic groceries from the Australian owned online health specialist. Macpac at up to 50 per cent off delivers outdoor jackets, fleece, hiking boots, tents, sleeping bags, hiking packs and travel gear.

Other Deals Worth A Look

Beyond the Top 5, a handful of other Australian owned or locally fulfilled retailers are worth a Thursday scroll as the fuel passthrough grinds toward peak. Merchant 1948 (today’s Top 6 ticker pick) holds up to 50 per cent off Trans Tasman heritage footwear. MyHouse is at up to 50 per cent off homewares. Portmans is at up to 50 per cent off tailoring, dresses, tops and denim from the Australian owned women’s fashion label. Lee Mathews is at 40 per cent off tops, dresses and knitwear from the Sydney designer label. Veronika Maine is at 30 per cent off tailoring, dresses and coats. All Australian owned or locally fulfilled, all backed by the Australian Consumer Law.

Week Ahead

Four dates matter for Australian shopper wallets over the next five days. Thursday 6 August today: Day 4 of the fuel excise passthrough with the metropolitan Wednesday cycle rebase now fully compounded, plus Trade Balance June at 11:30am AEST from the ABS, plus opening day of ASX full year profit season. Friday 7 August: RBA finalises its August Statement on Monetary Policy for release with the decision. Monday 10 August: RBA meeting day one, plus Westpac Consumer Confidence for August 8:30pm AEST and NAB Business Confidence for July 9:30pm AEST. Tuesday 11 August at 2:30pm AEST: the RBA cash rate decision. Overwhelmingly priced by markets and all Big Four as a hold at 4 point 35 per cent, with Governor Michele Bullock’s post decision statement the key signal for the November gate. Wednesday 12 August: CBA FY26 full year result and dividend announcement, day after the RBA decision. Mid August between 15 and 20 August: retailers pivot from deep winter clearance to fresh spring stock.

Our Take

Thursday 6 August is Day 4 of a compounding wallet pressure story. On the wallet drag side, Sydney and Melbourne metropolitan pumps have now fully absorbed the Wednesday cycle rebase compounded with the 53 point 7 cent per litre excise reset. The record 26 point 5 cent E10 to Premium 98 gap is the strongest single signal to drop fuel grade this week where the vehicle handbook allows. On the wallet ease side, retailers are running some of the deepest single day discounts of the year at exactly the moment their FY26 profit season begins, which means the discount cycle is not just seasonal, it is profit reporting driven. Aldi is still winning the weekly grocery basket at 74 dollars 53 cents. Household spending was up 0 point 8 per cent in June, meaning discretionary appetite is holding up. The RBA hold on Tuesday 11 August is now 97 per cent priced. Trade Balance June at 11:30am AEST today is the last major domestic data gate before the meeting.

That is exactly why It’s On Sale exists. We track 35,000 Australian stores and 45,000 live sale products, every retailer Australian owned or locally fulfilled, every promotion audited daily against the store’s own price history. No trial traps, no hidden fees, no offshore marketplaces dressed up as a local brand. Today’s Sales shows every store currently running a discount in one place. The AI search reads the way real shoppers ask (try “homewares clearance” or “outdoor camping sale”). None of it is Temu, Shein, AliExpress, Wish or any offshore marketplace dressed up as a local brand. Browse Today’s Sales this Thursday morning to make your money go further with Australian retailers who stand behind the ticket and the Australian Consumer Law.