Business
New car sales in April hit record numbers – The Australian Financial Review
In another sign of an increasingly robust economy, new vehicle sales in April were the best ever for that month.
The Reserve Bank of Australia on May 4 forecast higher inflation and economic growth and for unemployment to fall to a 2008 low of 4.5 per cent next year, but it is insisting record low interest rates will remain in place for another three years to drive up wages growth.
In April 2020, new vehicle sales sunk to just 38,926. Mr Weber said the April 2021 result was 22 per cent higher than in April 2019, well before the pandemic arrived.
For the four months to the end of April, sales are up 31 per…
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