Neil Fairhead

CEO, It’s On Sale

inConnect

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

1Today’s Top
DiscountPrincess PollyWomen's WearUp to 80 per cent off Princess Polly: dresses, tops, jeans, knits, coats, activewear and shoes from the Gold Coast founded Australian womens fashion brand launched in 2010, with Afterpay, Zip and free Australia wide shipping over 50 dollars.80%OFF2Baku SwimwearBeachwearUp to 70 per cent off Baku Swimwear: bikinis, one pieces, resort wear, cover ups and swim accessories from the Sydney based Australian womens swim label since 1998, with Afterpay and free Australia wide shipping over 100 dollars.70%OFF3GazmanMen's WearUp to 60 per cent off Gazman: mens shirts, tailoring, chinos, knitwear, jackets and accessories from the Australian owned mens fashion brand since 1975, with Afterpay, Zip and free Australia wide shipping over 100 dollars.60%OFF4Graham'sHomewaresUp to 60 per cent off Graham’s Jewellers: engagement rings, wedding bands, diamond jewellery, watches and gifts from the Australian family owned jeweller since 1949, with Afterpay, Zip and free Australia wide shipping.60%OFF5TelstraTelecommunicationsUp to 50 per cent off Telstra: mobile plans, prepaid phones, home internet bundles, smart home devices, entertainment plans and Telstra Plus rewards from Australia’s largest telecommunications company since 1901, with Australian based customer support and click and collect from 350 plus retail stores.50%OFF

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.

It’s On Sale Australia’s home for genuine retail deals. Browse today’s featured stores at itsonsale.com.au.

Neil Fairhead

CEO, It’s On Sale

inConnect

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
DiscountGlassonsWomen'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%OFF2StrandbagsBags & 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 + 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 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 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 Australia’s home for genuine retail deals. Browse today’s featured stores at itsonsale.com.au.

Neil Fairhead

CEO, It’s On Sale

inConnect

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
DiscountCotton 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%OFF2KathmanduOutdoor & 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%OFF3SussanWomen'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%OFF4TypoStationery & 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 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.

It’s On Sale Australia’s home for genuine retail deals. Browse today’s featured stores at itsonsale.com.au.

Neil Fairhead

CEO, It’s On Sale

inConnect

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

1Today’s Top
DiscountKick Push SkateSkate & ScootersUp to 80 per cent off Kick Push Skate: complete skateboards, decks, trucks, wheels, bearings, protective gear and skate shoes from the Australian owned skateboarding specialist, with Afterpay, Zip and free Australia wide shipping over 100 dollars.80%OFF2BettsFootwearUp to 70 per cent off Betts: men’s and women’s boots, heels, flats, sneakers, sandals and formal shoes from Australia’s oldest family owned footwear retailer since 1892, with Afterpay, Zip and free Australia wide shipping over 100 dollars, and click and collect from over 130 nationwide stores.70%OFF3SportsgirlWomen's WearUp to 70 per cent off Sportsgirl: dresses, tops, jeans, denim, activewear, sneakers and accessories from the Melbourne founded contemporary women’s fashion label since 1948, with Afterpay, Zip and free Australia wide shipping over 100 dollars.70%OFF4OPSMOpticalUp to 50 per cent off OPSM: prescription eyeglasses, sunglasses, contact lenses and premium eyewear brands from the Australian owned optical group with over 380 stores nationwide, plus Medicare and private health rebates on eligible frames.50%OFF5Scooter HutScooters & SkateUp to 50 per cent off Scooter Hut: complete scooters, decks, wheels, bars, forks, brakes, grips, protective gear and scooter apparel from the Australian owned scooter specialist, with Afterpay, Zip and free Australia wide shipping over 100 dollars.50%OFF

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.

It’s On Sale Australia’s home for genuine retail deals. Browse today’s featured stores at itsonsale.com.au.

Neil Fairhead

CEO, It’s On Sale

inConnect

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

1Today’s Top
DiscountShowpoWomen's WearUp to 80 per cent off Showpo: dresses, tops, jeans, activewear and shoes from the Sydney founded contemporary women’s fashion label, with Afterpay, Zip and free Australia wide shipping over 100 dollars from an Australian warehouse.80%OFF2UGG ExpressUgg BootsUp to 80 per cent off UGG Express: authentic Australian made sheepskin ugg boots, slippers, moccasins, mittens and beanies from Australia’s largest ugg boot specialist, with Afterpay, Zip and free Australia wide shipping over 100 dollars.80%OFF3Nine WestFootwearUp to 60 per cent off Nine West: heels, boots, ankle boots, flats, sandals and handbags from Nine West Australia, with Afterpay, Zip and free Australia wide shipping over 99 dollars.60%OFF4DuskCandles & HomewaresUp to 50 per cent off Dusk: scented candles, diffusers, home fragrance, dining glassware, throws, cushions and gifting from Australia’s home fragrance specialist since 2001, with Afterpay, Zip and click and collect from more than 130 nationwide stores.50%OFF5EckersleysArt & CraftUp to 50 per cent off Eckersleys: art supplies, paints, brushes, canvases, drawing pads and craft materials from the Melbourne founded art and craft specialist since 1959, with Afterpay, Zip and free Australia wide shipping over 100 dollars.50%OFF

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.

It’s On Sale Australia’s home for genuine retail deals. Browse today’s featured stores at itsonsale.com.au.

Neil Fairhead

CEO, It’s On Sale

inConnect

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

1Today’s Top
DiscountHouseHomewaresUp to 80 per cent off House: kitchenware, cookware, small appliances, glassware, bakeware, bathroomware and dining essentials from Australia’s homewares specialist trading since 1994 with more than 175 stores nationwide, plus Afterpay, Zip and free click and collect.80%OFF2MossmanWomen's WearUp to 70 per cent off Mossman: dresses, knitwear, tops, coats, denim and accessories from the Melbourne founded contemporary women’s fashion label, with Afterpay, Zip and free Australia wide shipping over 100 dollars.70%OFF3HallensteinsMen's WearUp to 50 per cent off Hallensteins Brothers: shirts, jumpers, chinos, jeans, jackets and outerwear from the Trans Tasman men’s fashion label with Afterpay, Zip and free Australia wide shipping over 100 dollars.50%OFF4Healthy LifeHealth & BeautyUp to 50 per cent off Healthy Life: vitamins, supplements, protein, sports nutrition, natural beauty and organic groceries from the Australian owned online health specialist with Afterpay, Zip and free shipping over 99 dollars.50%OFF5MacpacOutdoor & CampingUp to 50 per cent off Macpac: outdoor jackets, fleece, hiking boots, tents, sleeping bags, hiking packs and travel gear from the New Zealand founded outdoor label with Afterpay, Zip and free Australia wide shipping over 100 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. 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.

It’s On Sale Australia’s home for genuine retail deals. Browse today’s featured stores at itsonsale.com.au.

Neil Fairhead

CEO, It’s On Sale

inConnect

Wednesday morning. Day 3 of the fuel excise passthrough and the retail rebase bites at metropolitan pumps. National average unleaded was 1 dollar 97 cents per litre at day one Monday, per NRMA data cited by the Sydney Morning Herald, and Sydney and Melbourne sites step higher through today as the standard Wednesday cycle rebase compounds the excise passthrough. The gap between the 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. Tomorrow Thursday 6 August at 11:30am AEST brings the Q2 Wage Price Index from the Australian Bureau of Statistics, the last major macro print before the RBA cash rate decision at 2:30pm AEST on Tuesday 11 August. Priced In News shows the no change consensus at 97 per cent. Today’s Top 5 opens with Decjuba at up to 70 per cent off women’s fashion.

Fuel Day Three: Wednesday Retail Rebase Bites

Day 3 of the excise passthrough and the Wednesday retail cycle rebase catches Sydney and Melbourne metropolitan pumps at exactly the wrong moment for household budgets. National average unleaded pump prices were 1 dollar 97 cents per litre at the day one Monday reading and diesel was 2 dollars 39 point 2 cents per litre, per Nine Newspapers on 3 August 2026 citing NRMA analysis. NRMA also flagged that wholesale prices on Monday jumped to 2 dollars 1 point 5 cents per litre for unleaded and 2 dollars 43 cents per litre for diesel, meaning metropolitan retail sites still selling through pre-excise inventory on Monday and Tuesday are now working through wholesale stock that carries the full 53 point 7 cents per litre excise. Peak forecast pump prices remain at 2 dollars 20 per litre unleaded and 2 dollars 60 per litre diesel by mid August, per RACQ principal economist Ian Jeffreys via ABC News on 2 August 2026.

The record gap between cheapest and dearest unleaded is telling. NRMA reports the price spread from E10 at the cheap end to Premium 98 at the dear end has reached 26 point 5 cents per litre, up from 17 point 4 cents per litre in 2012. That is a record high. For household budgets it means the choice of fuel grade and site can now save more than 26 cents per litre, or roughly 14 dollars 30 cents on a 55 litre fill. In a metropolitan Wednesday cycle rebase, that price spread magnifies. The Australian Automobile Association’s website is silent this morning but the state fuel apps remain the strongest tool for finding a genuine cycle bottom. Use Fuel Check NSW or FuelWatch WA which locks tomorrow’s prices today, plus MotorMouth and PetrolSpy in every state.

Best Wednesday Fuel Actions Right Now

Three practical actions this Wednesday morning while the passthrough compounds. First, if the primary vehicle can be filled this morning, use a fuel finder app for a 5 kilometre scan and take the cheapest independent site with E10 or 91 unleaded available. The 26 point 5 cent record spread between fuel grades means E10 or 91 unleaded is now the household budget play, provided the vehicle handbook supports it. Do not run E10 in a vehicle that does not accept it. Second, use 7 Eleven Fuel Lock to snap the current price for a second tank later in the week. The tool locks the current price for seven days at any nominated 7 Eleven site.

Third, run the state fuel apps in parallel. Fuel Check NSW for New South Wales and ACT, FuelWatch WA for Western Australia, MyFuel NT for the Northern Territory, FuelCheck TAS for Tasmania. Queenslanders use MotorMouth or PetrolSpy directly. Compare all tools before committing. WA is uniquely powerful because FuelWatch locks tomorrow’s prices at 2:30pm the day before, giving Western Australian drivers a full 24 hour price window to plan around.

Wage Price Index Tomorrow: Last Macro Gate

Tomorrow Thursday 6 August at 11:30am AEST the Australian Bureau of Statistics releases the June quarter Wage Price Index. It is the final major macro print before the RBA cash rate decision at 2:30pm AEST on Tuesday 11 August. The March quarter WPI printed 0 point 8 per cent quarterly, 3 point 3 per cent year on year, per the ABS price indexes and inflation hub. Bond and rate strategists watch the WPI as the cleanest read on how sticky domestic wage pressures remain, which flows directly into service inflation and the RBA’s tolerance for holding rates through November.

A soft print, below 0 point 8 per cent quarterly, reinforces the emerging Big Four consensus that the tightening cycle is finished. A hot print above 1 per cent quarterly keeps the November hike scenario alive. RBA chief economist Sarah Hunter told ABC’s The Business on 30 July 2026 that domestic inflation pressures remain and it is “critical that inflation expectations remain contained”, the exact reason the market is watching WPI so closely. Priced In News now shows the market pricing an 11 August hold at 97 per cent per Priced In News on 29 July 2026, with a hike at 2 per cent and cuts at 0 per cent. Interbank overnight indexed swap markets are at 4 per cent hike probability per Commerzbank economist Volkmar Baur via TMGM on 29 July 2026. Governor Michele Bullock’s post decision statement next Tuesday will be the key signal for the November gate.

Household Spending Resilient +0.8 Per Cent June

Contrary to the six week low in consumer confidence reported by Roy Morgan last week, households actually spent more in June. The ABS Monthly Household Spending Indicator released Monday shows spending rose 0 point 8 per cent in June to 81 point 3 billion dollars per Reuters on 4 August 2026. The annual pace lifted to 6 per cent, a three month high. June quarter spending rose 0 point 7 per cent in real terms to 227 point 8 billion dollars. Tom Lay, ABS head of business statistics, singled out new vehicle sales rising 3 per cent as the standout within transport, with electric vehicle sales driving the momentum.

The spending resilience against weakening sentiment is the exact backdrop retailers are pitching winter clearance into. Australian shoppers are still spending discretionary dollars, but Roy Morgan’s tracking shows 39 per cent now actively delay purchases until major sale events, up sharply from a year ago. That means when a genuinely deep discount lands, like today’s Decjuba 70 per cent off winter women’s fashion, the intent to convert is unusually strong. Retailers know it and are matching the intent with the deepest single day clearance discounts of the year.

Grocery Watch: Aldi Wins Basket At 74 Dollars

A cross retailer grocery basket comparison this week from Cuugo Grocery Price Index shows Aldi at 74 dollars 53 cents for a standard weekly basket, Coles at 72 dollars 25 cents, Woolworths at 79 dollars 25 cents, and IGA at 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. The multi store savings arbitrage is stark: buying every item at whichever store sells it cheapest this week costs 61 dollars 67 cents, saving 12 dollars 86 cents against even the cheapest single store total.

The live basket comparison at ShopHop shows Aldi wins 15 of 20 common basket items. Chicken breast is 3 dollars 99 cents at Aldi versus 9 dollars 43 cents at Woolworths. Beef mince 500 grams is 6 dollars 29 cents at Aldi versus 12 dollars at Coles. Tasty cheese 500 grams is 7 dollars 49 cents at Aldi versus 11 dollars 20 cents at Woolworths. On non promotional pricing, Coles is 4 to 6 per cent cheaper than Woolworths for fresh produce this week, verified in cart in Melbourne postcode 3000, per ShopBack on 30 July 2026. For households running a genuine budget target, the multi store shop, or the Aldi backbone plus Coles fresh top up, remains the strongest weekly play.

Wednesday Top 5 Deals

1Today’s Top
DiscountDecjubaWomen's WearUp to 70 per cent off Decjuba: dresses, tops, knitwear, coats, denim, tailoring and accessories from the Melbourne founded women’s fashion label established in 2008, with Afterpay, Zip, PayPal, and free Australia wide shipping over 100 dollars.70%OFF2Colette HaymanFashionUp to 69 per cent off Colette Hayman: handbags, wallets, jewellery, sunglasses, hats and hair accessories from the Sydney founded fashion accessories retailer trading since 1994, with Afterpay, Zip and free click and collect at over 60 Australian stores.69%OFF3Academy BrandMen's WearUp to 60 per cent off Academy Brand: chinos, jeans, shirts, jumpers, jackets, tees and accessories from the Australian owned men’s fashion label established in 2009, with Afterpay, Zip and free Australia wide shipping over 100 dollars.60%OFF4MyerDepartment StoresUp to 60 per cent off Myer: women’s fashion, men’s clothing, beauty, homewares, kitchenware, small appliances, toys and accessories from Australia’s iconic department store trading since 1900, with Afterpay, Zip, MyerOne, click and collect.60%OFF5Robert GordonHomewaresUp to 60 per cent off Robert Gordon: hand thrown Australian pottery, dinnerware, mugs, jugs, planters and homewares from the Melbourne pottery studio and family run business trading since 1946, with Afterpay and free Australia wide shipping over 150 dollars.60%OFF

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 at up to 70 per cent off is the outright winner this Wednesday morning, with the Melbourne founded women’s fashion label running deep clearance across dresses, tops, knitwear, coats, denim, tailoring and accessories. Colette Hayman at up to 69 per cent off runs handbags, wallets, jewellery, sunglasses, hats and hair accessories from the Sydney founded fashion accessories retailer trading since 1994. Academy Brand at up to 60 per cent off holds chinos, jeans, shirts, jumpers and jackets from the Australian owned men’s fashion label established in 2009. Myer at up to 60 per cent off delivers women’s fashion, men’s clothing, beauty, homewares and small appliances from Australia’s iconic department store trading since 1900. Robert Gordon at up to 60 per cent off runs hand thrown Australian pottery, dinnerware, mugs, jugs and planters from the Melbourne pottery studio family business trading since 1946.

Other Deals Worth A Look

Beyond the Top 5, a handful of other Australian owned or locally fulfilled retailers are worth a Wednesday scroll as the fuel passthrough grinds toward peak. Australian Leather (today’s Top 6 ticker pick) holds up to 50 per cent off Australian made Ugg boots. 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. General Pants is at 30 per cent off youth fashion from the Australian owned denim specialist. 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 this week. Wednesday 5 August today: Day 3 of the fuel excise passthrough with Sydney and Melbourne metro cycle rebase compounding today. Thursday 6 August at 11:30am AEST: the June quarter Wage Price Index lands from the ABS, the last major macro print before the RBA meeting. Friday 8 August: the RBA finalises its August Statement on Monetary Policy for release with the decision. Monday 10 and Tuesday 11 August: the RBA cash rate decision. Announcement at 2:30pm AEST on Tuesday 11 August, overwhelmingly priced by markets and all Big Four as a hold at 4 point 35 per cent. Mid August between 15 and 20 August: retailers pivot from deep winter clearance to fresh spring stock, so hold discretionary fashion purchases where timing allows for the transition sale window.

Our Take

Wednesday 5 August is Day 3 of a two speed shopping week. On the wallet drag side, the Sydney and Melbourne metro Wednesday retail cycle rebase compounds today with the excise passthrough. The record 26 point 5 cent gap between the cheapest E10 and dearest Premium 98 unleaded is the strongest signal yet that fuel grade choice and site choice now materially matter for a household budget. Where the vehicle handbook allows, drop from Premium to 91 or E10 for this week’s fills. Use 7 Eleven Fuel Lock to snap the current price on a second tank later in the week. On the wallet ease side, the RBA hold on Tuesday 11 August is now 97 per cent priced. Household spending is holding up despite Roy Morgan showing consumer confidence at a six week low. Aldi is winning the weekly grocery basket at 74 dollars 53 cents against Woolworths 79 dollars 25 cents and IGA 101 dollars 2 cents. Retailers are simultaneously running the deepest winter apparel clearance of the year, exactly the window Roy Morgan flagged with 39 per cent of Australian shoppers now delaying purchases until major sale events.

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 winter clearance” or “australian pottery homewares”). 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 make your money go further with Australian retailers who stand behind the ticket and the Australian Consumer Law.

It’s On Sale Australia’s home for genuine retail deals. Browse today’s featured stores at itsonsale.com.au.

Neil Fairhead

CEO, It’s On Sale

inConnect

Tuesday morning. Day 2 of the fuel excise passthrough. Metro Brisbane sites are still mostly holding at 1 dollar 99 cents per litre for unleaded, but the first sites have already lifted to 2 dollars 23 to 2 dollars 24, per NRMA chief executive Andrew Baker on ABC News last night. The full transition to peak pump prices of 2 dollars 20 per litre unleaded and 2 dollars 60 per litre diesel will take another 7 to 10 days as the discount inventory in the retail network sells down and higher wholesale cost restocks arrive. That means the metro Monday to Tuesday cycle low still offers the cheapest fill of the week in Sydney, Melbourne and Brisbane. Beyond the bowser, the RBA meeting is now just 7 days out, with market pricing on a hold this morning at 97 per cent per Priced In News and interbank futures pricing a hike at just 4 per cent. Today’s Top 5 opens with Princess Polly at up to 80 per cent off women’s fashion.

Fuel Cliff Day Two: The Slow Grind Begins

Twenty four hours into the excise passthrough and the retail picture is playing out exactly as the ACCC and NRMA flagged: a slow, steady grind rather than an overnight 16 cents per litre jump. NRMA chief executive Andrew Baker told ABC News on Monday 3 August 2026 that most Brisbane and Sydney service stations were still holding Monday morning cycle-low prices around 1 dollar 99 cents per litre for unleaded, with only a small number of sites having already jumped to 2 dollars 23 to 2 dollars 24 as their discount inventory ran out first. Baker described the retail transition as “slow but steady” over the next 7 to 10 days as service stations restock at the higher wholesale rate.

The wholesale cost has already fully repriced. From Monday morning every wholesale unleaded and diesel litre sold in Australia now carries the full 53 point 7 cents per litre excise, up 16 point 4 cents from the 37 point 3 cents temporary rate that expired at midnight Sunday, per the Australian Taxation Office fuel excise duty rates table updated 29 July 2026. Peak forecasts from NRMA and RACQ remain at 2 dollars 20 per litre unleaded and 2 dollars 60 per litre diesel by mid August. Australian shoppers with a car parked at home this Tuesday morning still have a genuine window to lock in a cycle-low fill: run MotorMouth or PetrolSpy for a 5 kilometre scan right now and target the cheapest independent site within range. Sydney and Melbourne cycle bottoms typically hold through Tuesday, with retail rebases arriving Wednesday and Thursday, which is exactly when the excise passthrough will bite hardest.

Best Tuesday Fuel Actions Right Now

Four practical actions this Tuesday morning to buffer the household transport budget as the passthrough compounds through the week. First, fill the primary vehicle at a Tuesday cycle-low independent site before 9am. Independents typically undercut the majors by 8 to 12 cents per litre at the cycle bottom, and Monday to Tuesday remain the low points in the Sydney, Melbourne and Brisbane cycles. Second, use 7 Eleven Fuel Lock to lock the current price on a second tank for later in the week. Register once, lock the current unleaded or diesel price for up to seven days, redeem mid week when average shelf prices have already ground higher.

Third, top up secondary vessels while cycle-low pricing holds. Camper trailer tank, caravan onboard tank, boat outboard, ride on mower jerry cans, workshop supply. Every 20 litre jerry can filled this morning at cycle low saves roughly 3 dollars 40 cents against likely peak week pricing. Fourth, use the state fuel apps for maximum coverage. In NSW and ACT use Fuel Check NSW. In Western Australia use FuelWatch WA which locks tomorrow’s prices today. Northern Territory has MyFuel NT. Tasmania has FuelCheck TAS. Queensland shoppers can use MotorMouth or PetrolSpy directly. Compare all three tools before you commit to a bowser today.

RBA Hold: 7 Days Out, Markets Now 97 Per Cent Priced

The RBA Monetary Policy Board meets on Monday 10 and Tuesday 11 August, with the cash rate decision published at 2:30pm AEST on Tuesday 11 August, exactly 7 days from this morning. Market pricing has tightened further overnight. Priced In News now shows the no change consensus at 97 per cent, up 13 point 3 percentage points in a single day, per Priced In News on 3 August 2026. Central Bank Watch’s poll of Australian economists shows 88 point 9 per cent probability of a hold at the 4 August poll, per Central Bank Watch on 4 August 2026. Interbank overnight indexed swap markets are now pricing an August rate hike at just 4 per cent, down from 20 to 22 per cent before the 30 July June quarter CPI print landed at 3 point 8 per cent.

The Big Four are unanimous. Westpac was the last of the four to capitulate on Wednesday 29 July after the CPI print, scrapping its double hike scenario within hours of the release, per The Broker Times on 31 July 2026. Commonwealth Bank economist Trent Saunders wrote that the June quarter print gives “further evidence that underlying inflation pressures are gradually easing”, with CBA now expecting no more hikes across 2026 and the first rate cut in mid to late 2027, per Commonwealth Bank Economic Insights on 30 July 2026. ANZ concurred that markets “should see the RBA keep rates on hold at its August meeting”, per Mortgage Professional Australia on 29 July 2026. Trimmed mean underlying inflation still sits at 3 point 6 per cent, above the 2 to 3 per cent target band, so Governor Michele Bullock’s post decision statement next Tuesday will be watched closely for guidance on the November decision gate.

Grocery Watch: Milk Up 12 Per Cent, Clothing Down 4 Per Cent

Beyond fuel and mortgages, the silent household bill drag continues in the grocery aisle. ABC News on 1 August 2026 reports that Coles and Woolworths lifted their private label milk prices by up to 12 per cent at the same time in April 2026. Australian Bureau of Statistics data shows overall milk prices are up 6 point 17 per cent since February 2026. Bread is up 1 per cent, cheese up 2 point 2 per cent, while eggs and breakfast cereals have actually posted small declines. Personal care is down 0 point 7 per cent since February. Clothing is down 4 point 2 per cent since February, which reinforces just how deep the current winter apparel clearance discounting is running as retailers push seasonal stock ahead of the mid August spring transition.

Consumer confidence continues to reflect the compounding pressure. The ANZ Roy Morgan weekly consumer confidence index printed 71 point 2 in late July, a six week low and 15 point 5 points below the same time last year, per Capital Brief on 27 July 2026. Inflation expectations lifted 0 point 1 percentage points to 5 point 9 per cent. ANZ senior economist Sophia Angala pointed to the compounding effects of the Middle East conflict fuel spike earlier this year and a gradually easing labour market as the primary weights on sentiment. The Roy Morgan tracking also shows 39 per cent of Australian shoppers now actively delay purchases until major sale events, up sharply on the same time last year. That delay dynamic is exactly what is driving today’s deep winter clearance in the Top 5.

Retail Spending Holds Up Despite Sentiment Weakness

The contrast between sentiment and actual spending is the story analysts are watching closely into next week’s RBA decision. The Australian Retailers Association reported on 29 July 2026 that retail spending rose 5 point 8 per cent year on year to May 2026, hitting 39 point 67 billion dollars for the month. Growth was recorded across every category. Executive director Chris Rodwell noted that shoppers are spending “with greater intent”, trading down where possible but maintaining overall discretionary volumes. That is the exact backdrop the winter clearance is being pitched into: consumers are spending, but they are demanding deep discounts and are quicker to switch stores when a better deal is available.

Wednesday 6 August at 11:30am AEST brings the June quarter Wage Price Index release from the Australian Bureau of Statistics. It is the last major macro print before the RBA meeting the following week and gives the Board a fresh read on how strong wages growth still is against the 3 point 8 per cent June quarter CPI. A soft print reinforces the emerging consensus that the tightening cycle is finished. A hot print keeps the November decision gate genuinely in play.

Tuesday Top 5 Deals

1Today’s Top
DiscountPrincess PollyWomen's WearUp to 80 per cent off Princess Polly: dresses, tops, denim, playsuits, jumpsuits, jackets, activewear and accessories from the Gold Coast founded women’s fashion label established in 2010, with Afterpay, Zip, PayPal and free Australia wide shipping over 50 dollars.80%OFF2Baku SwimwearBeachwearUp to 70 per cent off Baku Swimwear: bikinis, one pieces, tankinis, rash tops, kaftans and beach accessories from the Australian owned swimwear label established in Byron Bay in 1990, with Afterpay, Zip and free Australia wide shipping over 100 dollars.70%OFF3Graham'sHomewaresUp to 60 per cent off Graham’s Jewellers: rings, earrings, necklaces, bracelets and watches from the Australian owned family jewellery retailer trading since 1985, with Afterpay, Zip, PayPal, free Australia wide shipping and free returns.60%OFF4Original Mattress FactoryBedding & MattressesUp to 60 per cent off Original Mattress Factory: pillow top mattresses, memory foam mattresses, ensembles, adjustable bases and bedroom furniture from the Australian owned mattress manufacturer making mattresses in Sydney and Melbourne since 1990.60%OFF5GazmanMen's WearUp to 50 per cent off Gazman: business shirts, chinos, jeans, jumpers, jackets, polos, sportcoats and accessories from the Melbourne men’s fashion label established in 1975, with Afterpay, Zip and free click and collect at over 50 Australian stores.50%OFF

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 an Australian brand. Every product ships from an Australian warehouse and is backed by the Australian Consumer Law. Princess Polly at up to 80 per cent off is the outright winner this Tuesday morning, with the Gold Coast founded women’s fashion label running deep clearance across dresses, tops, denim, playsuits, jumpsuits, jackets, activewear and accessories. Baku Swimwear at up to 70 per cent off runs bikinis, one pieces, tankinis and beach accessories from the Byron Bay swimwear label. Graham’s Jewellers at up to 60 per cent off holds rings, earrings, necklaces and watches from the Australian family jewellery retailer trading since 1985. Original Mattress Factory at up to 60 per cent off delivers pillow top mattresses, memory foam mattresses and adjustable bases from the Sydney and Melbourne mattress manufacturer. Gazman at up to 50 per cent off runs business shirts, chinos, jeans, jumpers and jackets from the Melbourne men’s fashion label trading since 1975.

Other Deals Worth A Look

Beyond the Top 5, a handful of other Australian owned or locally fulfilled retailers are worth a Tuesday scroll as the fuel passthrough grinds toward peak. Best and Less (today’s Top 6 ticker pick) holds 30 per cent off women’s, men’s and kids basics from the Australian value fashion chain with over 180 stores nationally. 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. General Pants is at 30 per cent off youth fashion from the Australian owned denim specialist. Veronika Maine is at 30 per cent off tailoring, dresses and coats. The Reject Shop and Wittner also feature current promotions worth checking. All Australian owned or locally fulfilled, all backed by the Australian Consumer Law.

Week Ahead

Four dates matter for Australian shopper wallets this week. Tuesday 4 August today: Day 2 of the fuel excise passthrough. Metro Sydney, Melbourne and Brisbane cycle-low pricing still available at independent sites early morning. Wednesday 6 August at 11:30am AEST: the June quarter Wage Price Index lands from the ABS, the last major macro print before the RBA meeting. Friday 8 August: the RBA finalises its August Statement on Monetary Policy for release with the decision. Monday 10 and Tuesday 11 August: the RBA cash rate decision. Announcement at 2:30pm AEST on Tuesday 11 August, overwhelmingly priced by markets and all Big Four as a hold at 4 point 35 per cent. Mid August between 15 and 20 August: retailers pivot from deep winter clearance to fresh spring stock, so hold discretionary fashion purchases where timing allows for the transition sale window.

Our Take

Tuesday 4 August is Day 2 of a two speed shopping week. On the wallet drag side, the fuel excise passthrough is still working through the retail network, with metro Sydney, Melbourne and Brisbane cycle-low pricing available at independents this morning before the higher wholesale rate catches up mid week. Filling right now, before 9am, at a MotorMouth or PetrolSpy verified independent site is the strongest single fuel savings action a household can take this week. Lock a second tank on 7 Eleven Fuel Lock for later in the week, top up jerry cans and camper trailer tanks while cycle-low pricing holds. On the wallet ease side, the RBA hold on Tuesday 11 August is now 97 per cent priced, with market probability of an August hike at just 4 per cent and all Big Four banks unanimous. That is meaningful monthly household budget breathing room locked in for the second half of 2026. Retailers are simultaneously running the deepest winter clearance of the year, exactly the window Roy Morgan flagged with 39 per cent of Australian shoppers now actively delaying purchases until major sale events.

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 winter clearance” or “queen mattress under 800”). 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 make your money go further with Australian retailers who stand behind the ticket and the Australian Consumer Law.

It’s On Sale Australia’s home for genuine retail deals. Browse today’s featured stores at itsonsale.com.au.

Neil Fairhead

CEO, It’s On Sale

inConnect

Monday morning. The temporary 16 cent per litre fuel excise cut ended at midnight last night, and from today the full 53 point 7 cents per litre excise applies at every wholesale sale of unleaded and diesel in Australia. Retail pump prices will not lift the full amount instantly. The ACCC notes that new fuel supplies can take up to 10 days to filter through the retail network as service stations work through the last of the discounted inventory. That means today is the strongest single day of the week to fill up on cycle-low prices, before the higher wholesale cost catches up. Beyond the bowser, the RBA meeting is now just 8 days out, with the Big Four banks now unanimously calling a hold at 4 point 35 per cent for the first time in over a year and money markets pricing a hike at just 3 to 4 per cent. Today’s Top 5 opens with Glassons at up to 54 per cent off womens fashion.

Fuel Cliff Day One: The 10 Day Filter Window Starts Today

Australia’s fuel excise reset landed at midnight last night. From today, Monday 3 August 2026, the full 52 point 6 cents per litre excise applies to all wholesale unleaded and diesel sales, and the biannual Australian Taxation Office indexation ratchet takes the total rate to 53 point 7 cents per litre. That is confirmed on the ATO excise duty rates page updated 29 July 2026. Treasurer Jim Chalmers ruled out a further extension last week, with the temporary relief measure introduced in April 2026 during the peak of the Middle East fuel price spike now fully unwound.

The retail read for Australian shoppers this morning is more nuanced than a simple 16 cent per litre overnight jump. The ABC on 2 August 2026 reports that the ACCC has flagged the retail passthrough will take approximately 10 days to fully filter through the network as service stations sell down their last discount-excise inventory before restocking at the higher wholesale rate. RACQ principal economist Ian Jeffreys projects unleaded pump prices could reach 220 cents per litre and diesel could hit 260 cents per litre within that 10 day window, per the same ABC report. Guardian Australia reports the latest MotorMouth data has Canberra unleaded already at 205 point 6 cents per litre, Darwin at 204 point 4 and Hobart at 200 point 5 on Saturday morning, per The Guardian on 1 August 2026.

Monday Fill Strategy: Cycle Low Meets Filter Delay

Two forces are now working in opposite directions this week. Force one, the price cycle, is a shopper’s friend: Monday sits at or near the cycle low across Sydney, Melbourne and Brisbane in most weeks, with the cycle typically rebasing higher through Tuesday and Wednesday. Force two, the excise passthrough, is a headwind: as the week progresses, retailers restock at the higher wholesale rate and shelf prices grind higher. That combination makes this Monday morning the strongest single fill window of the week for city motorists. Use the MotorMouth or PetrolSpy apps to run a 5 kilometre scan from home this morning and target the cheapest independent site within range, which typically undercuts the majors by 8 to 12 cents per litre at the cycle bottom.

Second tool: if you fill this morning and want to lock the current price for another tank later this week, the 7 Eleven Fuel Lock app allows a lock for up to seven days at any participating 7 Eleven site nationally. Register once, lock the current unleaded or diesel price, redeem mid week when average shelf prices have already grinded higher. Third tool: state government fuel apps offer real time pricing. In NSW and ACT use Fuel Check. In Victoria use the Service Victoria app. In Western Australia use FuelWatch. Northern Territory has MyFuel NT. Tasmania has FuelCheck TAS. Queensland shoppers can use MotorMouth or PetrolSpy directly. Fourth: top up secondary vessels this morning as well. Camper trailer tank, caravan onboard tank, boat outboard, ride on mower jerry cans, workshop supply. Every 20 litre jerry can filled this morning at cycle low saves roughly 3 dollars 40 cents against likely late-week pricing.

RBA Hold: 8 Days Out, Big Four Unanimous For The First Time In A Year

For Australian mortgage households, the second half of this week’s macro story is genuinely reassuring. The RBA Monetary Policy Board meets on Monday 10 and Tuesday 11 August, with the cash rate decision published at 2:30pm AEST on Tuesday 11 August. All four Big Four banks are now aligned on a hold at 4 point 35 per cent for the balance of 2026. This is the first time the Big Four have shared a single cash rate forecast in over a year. Westpac was the last to shift on Wednesday 29 July after the June quarter CPI print landed at 3 point 8 per cent, with chief economist Luci Ellis telling clients the downside surprise on inflation removes the case for a rate hike in August, per The Broker Times on 31 July 2026.

Money markets have moved harder. Overnight indexed swap markets now price an August hike at just 3 to 4 per cent, down from 20 to 22 per cent before Wednesday morning’s CPI print. The offshore banks have gone further still: Goldman Sachs Australia chief economist Andrew Boak scrapped his August hike call the same afternoon and now expects the first RBA move to be a cut in February 2027. JPMorgan Australia chief economist Ben Jarman told clients the hiking cycle is over and the next move will be down in 2027. Canstar estimated that the withdrawn August hike scenario represented a 92 dollar per month increase to minimum repayments on a 600,000 dollar variable rate mortgage over 25 years, per Canstar on 29 July 2026. That is 92 dollars per month household budget breathing room that has now essentially been locked in for the second half of 2026. Consensus among all four majors: hold this month, hold through year end, cuts do not begin until the second half of 2027. Trimmed mean underlying inflation still sits at 3 point 6 per cent, above the 2 to 3 per cent target band, so the November quarterly print remains the next major decision gate for the Board.

Retail Backdrop: Myer Warning Still Weighs

The retail context in which today’s fuel cliff and this week’s RBA hold sit remains fragile. On Monday 27 July, Myer released its FY26 sales update. Total sales rose 11 point 3 per cent to 4 point 08 billion dollars on the back of the apparel brands acquisition, but comparable sales rose just 0 point 7 per cent. Myer shares fell 12 per cent on the day to 23 cents, a four year low, per Reuters on 27 July 2026. June sales fell 5 point 5 per cent month on month, July fell a further 4 per cent, despite heavier promotional activity. Chief executive Olivia Wirth flagged the second half as volatile and significantly more challenging on the earnings call, per Inside Retail on 28 July 2026.

Roy Morgan consumer confidence printed 74 point 7 in June, the lowest reading in the survey’s 40 year history, and recovered only marginally to 75 point 6 in July, still well below the neutral benchmark of 100. Retail trade sentiment printed 66 point 5 in June, the third lowest reading on record for that sector. Wirth pointed to three interest rate increases across the first half of 2026, Middle East fuel price spikes and an unseasonably warm winter that hurt cold weather apparel sell through as the compounding pressures on discretionary shopping. AMP senior economist Diana Mousina told AAP that consumer sentiment sits at recessionary levels but actual spending is holding up better than sentiment suggests, per AAP News on 27 July 2026. Roy Morgan tracking also shows 39 per cent of Australian shoppers now actively delay purchases until major sale events, up sharply on the same time last year. That delay dynamic is exactly what is driving the sharp winter clearance discounting in today’s Top 5 as retailers push winter stock ahead of the mid August spring transition.

Monday Top 5 Deals

1Today’s Top
DiscountGlassonsWomen's WearUp to 54 per cent off Glassons: dresses, tops, denim, jackets, knitwear, activewear and accessories from the Australia and New Zealand owned womens fashion label established in Christchurch in 1985, with Afterpay, Zip, PayPal and free click and collect at over 60 Australian stores.54%OFF2Jac + JackFashionUp to 40 per cent off Jac + Jack: cashmere knitwear, silk tops, dresses, denim and elevated basics from the Sydney designer label established by Jac Cameron and Lisa Dempsey in 2004, with Afterpay, Zip and free Australia wide shipping over 150 dollars.40%OFF3Novo ShoesWomen's FootwearUp to 40 per cent off Novo Shoes: ankle boots, knee boots, heels, sneakers and sandals from the Australian owned womens footwear retailer with stores across Sydney, Melbourne, Brisbane, Adelaide and Perth, with Afterpay, Zip and free click and collect.40%OFF4Rebel SportSport & FitnessUp to 40 per cent off Rebel Sport: running shoes, football boots, gym equipment, activewear and team supporter gear from the Australian sport retailer with over 160 stores across the country, with Afterpay, Zip, PayPal and free click and collect.40%OFF5StrandbagsBags & LuggageUp to 40 per cent off Strandbags: cabin cases, checked luggage sets, backpacks, handbags, wallets and travel accessories from the Australian owned bags specialist trading since 1927, with Afterpay, Zip and free click and collect at over 260 Australian stores.40%OFF

Every store in Monday’s Top 5 is Australian owned or locally fulfilled. Every discount was checked against the store’s current 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 at up to 54 per cent off is the outright winner this morning, with the New Zealand and Australia owned womens fashion label running deep clearance across dresses, tops, denim, jackets, knitwear, activewear and accessories. Jac + Jack at up to 40 per cent off covers cashmere knitwear, silk tops, dresses and elevated basics from the Sydney designer label. Novo Shoes at up to 40 per cent off runs boots, heels, sneakers and sandals from the Australian owned womens footwear retailer. Rebel Sport at up to 40 per cent off holds running shoes, football boots, gym equipment and activewear from the Australian sport retailer. Strandbags at up to 40 per cent off delivers cabin luggage, checked cases, backpacks and handbags from the Australian owned bags specialist trading since 1927.

Other Deals Worth A Look

Beyond the Top 5, a handful of other Australian owned or locally fulfilled retailers are worth a Monday scroll as the excise passthrough works its way through the pump network. Koala (today’s Top 6 ticker pick) is at up to 30 per cent off mattresses, sofas, bedframes, pillows and dining furniture from the Australian owned direct to consumer bedding and furniture brand. Portmans holds up to 50 per cent off tailoring, dresses, tops and denim from the Australian owned womens fashion label. Lee Mathews is at 40 per cent off tops, dresses and knitwear from the Sydney designer label. Rebel Sport already covered above. Best and Less holds 30 per cent off womens, mens and kids basics from the Australian value fashion chain. Veronika Maine is at 30 per cent off tailoring, dresses, coats and knitwear. Williams Shoes is at 30 per cent off boots and heels from the Australian family footwear chain trading since 1930. All Australian owned or locally fulfilled, all backed by the Australian Consumer Law.

Week Ahead

Three dates matter for Australian shopper wallets between this Monday morning and the RBA meeting decision on Tuesday 11 August. Monday 3 August today: the full 53 point 7 cents per litre fuel excise applies to all wholesale unleaded and diesel sales, with retail passthrough working through the network across the next 10 days according to the ACCC. Wednesday 6 August at 11:30am AEST: the June quarter Wage Price Index lands from the ABS. It is the last major data print before the RBA meeting the following week, and gives the Board a fresh read on how strong wages growth still is against a slowing headline CPI at 3 point 8 per cent. Friday 8 August: the RBA publishes its August Statement on Monetary Policy alongside the meeting decision preparation. Monday 10 and Tuesday 11 August: the RBA cash rate decision, with the announcement at 2:30pm AEST on Tuesday, now overwhelmingly priced by all four Big Four banks and money markets as a hold at 4 point 35 per cent. Mid August spring inventory transitions typically start around 15 to 20 August as retailers pivot from winter clearance to fresh spring stock, so hold discretionary fashion purchases if timing allows for the transition sale window.

Our Take

Monday 3 August is a two speed shopping day. On the wallet drag side, today opens the 10 day fuel excise passthrough window, with RACQ projecting unleaded pump prices reaching 220 cents per litre and diesel 260 cents per litre by the end of that window. Filling this morning at the Monday cycle low, before shelf prices have caught up with the higher wholesale rate, is the strongest single fuel savings action a household can take this week. Use MotorMouth or PetrolSpy for a 5 kilometre scan right now, target an independent site, lock a second tank on 7 Eleven Fuel Lock for later in the week, top up jerry cans and camper trailer tanks while cycle-low pricing holds. On the wallet ease side, the RBA hold on Tuesday 11 August is now essentially locked in, with all four Big Four banks and money markets unanimous. Goldman Sachs and JPMorgan expect the next RBA move to be a cut, not a hike. The 92 dollar per month withdrawn hike scenario on a 600,000 dollar mortgage is now permanent breathing room. Retailers are simultaneously running the deepest winter clearance of the year as they push discretionary stock ahead of the mid August spring transition, exactly the window Roy Morgan flagged with 39 per cent of Australian shoppers now actively delaying purchases until major sale events.

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 jacket clearance” or “cabin luggage under 200”). 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 make your money go further with Australian retailers who stand behind the ticket and the Australian Consumer Law.

It’s On Sale Australia’s home for genuine retail deals. Browse today’s featured stores at itsonsale.com.au.

Neil Fairhead

CEO, It’s On Sale

inConnect

Sunday morning, and the fuel cliff is now inside the final 16 hours. The temporary 16 cent per litre excise cut ends at 11:59pm tonight, and the full 52 point 6 cents per litre excise resumes from Monday 3 August. Once the annual inflation indexation is layered on, Australian metropolitan pump prices lift by roughly 17 cents per litre on Monday morning, and Bushletter and The Guardian both report unleaded already tracking above 2 dollars per litre and diesel above 2 dollars 40 cents in some capitals this week. Fill the tanks this morning. Meanwhile the RBA meeting is now just 9 days out, with all Big Four banks and AMP aligned on a hold at 4 point 35 per cent and money markets pricing an August hike at just 3 to 4 per cent, so the mortgage rate you have this Sunday is very likely the rate you have through spring. Today’s Top 5 opens with Cotton On at up to 50 per cent off.

Excise Ends Tonight: 16 Hours To Midnight

The fuel excise unwind is now inside the final 16 hour window. Treasurer Jim Chalmers reconfirmed on Saturday that the temporary 16 cent per litre excise cut, introduced in late April in response to the Iran conflict oil price spike, fully unwinds at 11:59pm tonight, Sunday 2 August. The full 52 point 6 cents per litre excise resumes from Monday 3 August, per the ABC on 2 August 2026. The Australian Taxation Office biannual indexation ratchet layered on top lifts the total rate to roughly 53 point 7 cents per litre once inflation is applied. NRMA head of media Peter Khoury told 7NEWS that the total uplift will be around 17 point 5 cents per litre at most Australian pumps once indexation is included, per 7NEWS on 1 August 2026. Prime Minister Anthony Albanese has publicly ruled out any last minute extension, per Bushletter on 30 July 2026.

The immediate cost read for Australian households is now genuinely painful. Guardian Australia reports on Friday that unleaded petrol is on track to top 2 dollars per litre and diesel above 2 dollars 40 cents in metropolitan capitals from Monday, per The Guardian on 1 August 2026. On a 65 litre tank fill, that is an extra 11 to 12 dollars every time a household fills up from Monday morning. For a two car commuting household filling weekly, the running weekly cost lifts by roughly 22 to 24 dollars. Bushletter estimates the average Australian family spending 3 to 4 dollars extra per week on groceries within three weeks as the Heavy Vehicle Road User Charge also unwinds from 16 point 4 cents per litre back to 32 point 4 cents per litre on Monday, which will filter through to freight costs on supermarket, hardware and appliance deliveries.

Sunday Fill Playbook: The Final Window Closes At Midnight

The Sunday game plan is now down to a five hour window in most metropolitan cycles before shelf prices start climbing ahead of the midnight cutoff. First tool: use MotorMouth or PetrolSpy to scan within a five kilometre radius of home right now, this Sunday morning. Sunday morning typically sits at or just above the cycle low in Sydney, Melbourne and Brisbane; by Sunday afternoon, retailers begin quietly repricing at the bowser ahead of the excise resumption. Second tool: the 7 Eleven Fuel Lock app allows a household to lock the current price for up to seven days at any participating 7 Eleven site. If you have not used Fuel Lock before, download it this morning, register with your mobile number, lock the current unleaded or diesel price now, and redeem the locked price mid week on the second tank. Third tool: Costco Fuel members should hit their local Costco pump this morning; Costco’s standard practice of stable weekly pricing means the Sunday morning price will typically hold into Monday, giving one extra buffer day.

Fourth: top up every fuel storage vessel the household controls before midnight. Primary car tank, second vehicle, camper trailer, caravan onboard tank, boat outboard, ride on mower jerry cans, generator supply, workshop fuel. A single 20 litre jerry can filled this morning saves roughly 3 dollars 40 cents against Monday pricing, and a caravan or camper trailer with a 90 litre tank saves roughly 15 dollars per full fill. The math on a two car commuting household. Filling both tanks Sunday morning at 186 to 188 cents per litre against Monday pricing at 204 to 210 cents saves roughly 22 to 24 dollars across the initial fill. Locking one 65 litre tank on 7 Eleven Fuel Lock and redeeming mid week saves another 11 to 12 dollars. Filling a 65 litre jerry can supply saves another 11 to 12 dollars. Total Sunday morning savings run to 45 to 60 dollars for a two car household against waiting until Monday morning. Do not delay the run past mid afternoon; Sunday evening shelf prices are already progressively climbing across most metropolitan sites, per the Bushletter tracker.

RBA Meeting: 9 Days Out, Hold Consensus Locked

Beyond the fuel window, the second calm Sunday for Australian mortgage households continues. The RBA Monetary Policy Board meets on Monday 10 and Tuesday 11 August, with the cash rate decision published at 2:30pm AEST on Tuesday 11 August. All four Big Four banks and AMP are now aligned on a hold at 4 point 35 per cent. Westpac was the last to capitulate on Wednesday 29 July after the June quarter CPI print, with chief economist Luci Ellis saying the downside surprise on inflation removes the case for a rate hike in August, per The Australian on 30 July 2026. Overnight indexed swap markets now price the probability of an August hike at just 3 to 4 per cent, down from 20 to 22 per cent before Wednesday morning’s CPI print, per The Nightly on 29 July 2026.

The offshore banks have gone further. Goldman Sachs Australia chief economist Andrew Boak scrapped his August hike call after the CPI print and now expects a gradual RBA easing cycle beginning February 2027. JPMorgan Australia chief economist Ben Jarman put it more bluntly, telling clients the RBA’s hiking cycle is over and the next move will be a cut in 2027. Bendigo Bank chief economist David Robertson summarised the local read to Mortgage Professional Australia on 31 July: we expect the RBA to remain on hold with a tightening bias, per MPA on 31 July 2026. Trimmed mean underlying inflation came in at 3 point 6 per cent year on year for the June quarter, still above the 2 to 3 per cent target band, so Governor Michele Bullock retains the option to hike again if the November quarterly print reaccelerates on services or wages. For a variable rate mortgage on 500,000 dollars at 6 point 24 per cent, the withdrawn August hike scenario represents roughly 82 dollars per month saved. The rate you have this Sunday morning is very likely the rate you have through August, September and October.

Retail Backdrop: Roy Morgan Record Low, Myer Half Challenging

The retail context in which the fuel cliff and the RBA hold sit remains visibly weak. Roy Morgan consumer confidence printed 74 point 7 in June, the lowest reading in the survey’s 40 year history, and recovered only marginally to 75 point 6 in July, still deep in pessimistic territory. On Monday 27 July, Myer released its FY26 sales update. Total sales rose 11 point 3 per cent to 4 point 08 billion dollars on the back of the apparel brands acquisition, but comparable sales rose just 0 point 7 per cent, and Myer shares fell 12 per cent on the day, per Reuters on 27 July 2026. Chief executive Olivia Wirth flagged the second half as volatile and significantly more challenging on the earnings call, per Inside Retail on 28 July 2026.

Beyond Myer, the store network retreat continues. Betts, the Australian family footwear chain trading since 1892, confirmed on 26 July it will close 20 of its 35 remaining Australian stores by December, per ABC News on 26 July 2026. The ABS retail trade data released two weeks ago did show retail spending up 5 point 8 per cent year on year to 39 point 67 billion dollars, per the Australian Retailers Association on 25 July 2026, but that growth is concentrated in supermarkets and cafes rather than discretionary categories. Department stores, clothing and footwear, and household goods retailing all sit in negative territory year on year. For Australian shoppers this Sunday, that discretionary weakness is exactly what is driving the aggressive clearance discounting in today’s Top 5 as retailers move winter stock ahead of the mid August spring transition.

Sunday Top 5 Deals

1Today’s Top
DiscountCotton OnFashion & BasicsUp to 50 per cent off Cotton On: mens, womens and kids fashion including tees, denim, dresses, activewear, sleepwear and accessories from the Australian owned Cotton On Group, established in Geelong in 1991, with Afterpay, Zip, PayPal and free click and collect at over 700 Australian stores.50%OFF2KathmanduOutdoor & CampingUp to 50 per cent off Kathmandu: outdoor jackets, tents, sleeping bags, hiking boots, thermals, packs and travel gear from the Australia and New Zealand owned outdoor retailer, established in Christchurch in 1987, with Afterpay, Zip, PayPal and free click and collect at over 90 Australian stores.50%OFF3Lounge LoversFurnitureUp to 50 per cent off Lounge Lovers: sofas, dining tables, chairs, beds, mattresses, rugs and homewares from the Australian owned furniture retailer with showrooms in Sydney, Melbourne, Brisbane and Perth, with Afterpay, Zip and Australia wide delivery.50%OFF4SportitudeSport & FitnessUp to 50 per cent off Sportitude: running shoes, football boots, cross training shoes, apparel and gym gear from the Australian owned specialist running and sport retailer based in Adelaide, with Afterpay, Zip, PayPal and free Australia wide shipping over 100 dollars.50%OFF5SussanWomen's WearUp to 50 per cent off Sussan: knitwear, dresses, tops, denim, sleepwear and lingerie from the Australian owned womens fashion label established in Melbourne in 1939, with Afterpay, Zip and free click and collect at over 100 Australian stores.50%OFF

Every store in Sunday’s Top 5 is Australian owned or locally fulfilled. Every discount was checked against the store’s current 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 is the outright winner this morning on tees, denim, dresses, activewear and sleepwear from the Geelong headquartered fashion group across mens, womens and kids. Kathmandu at up to 50 per cent off runs winter clearance across outdoor jackets, tents, hiking boots and thermals from the New Zealand founded, Australia and New Zealand owned outdoor retailer. Lounge Lovers at up to 50 per cent off covers sofas, dining tables, beds, mattresses and rugs from the Australian owned furniture retailer with showrooms in the four eastern capitals plus Perth. Sportitude at up to 50 per cent off delivers running shoes, football boots and gym apparel from the Adelaide based specialist. Sussan at 50 per cent off holds winter knitwear, dresses, denim and lingerie from the Australian womens fashion label established in Melbourne in 1939.

Other Deals Worth A Look

Beyond the Top 5, a handful of other Australian owned or locally fulfilled retailers are worth a Sunday scroll before the midnight fuel excise cutoff. Typo (today’s Top 6 ticker pick) is at up to 50 per cent off stationery, gift wrap, notebooks, planners, desk accessories and quirky homewares from the Australian owned Cotton On Group brand. Jac + Jack is at up to 40 per cent off womens tops, dresses and cashmere knitwear from the Sydney designer label established in 2004. Lee Mathews holds 40 per cent off womens tops, dresses and knitwear from the Sydney based designer label. Novo Shoes is at up to 40 per cent off womens footwear including boots and heels. Rebel Sport holds up to 40 per cent off sneakers, apparel and gym equipment from the Australian sport retailer. Strandbags is at up to 40 per cent off luggage, backpacks, handbags and wallets from the Australian owned bags specialist. Best and Less holds 30 per cent off womens, mens and kids basics from the Australian value fashion chain. Veronika Maine is at 30 per cent off tailoring, dresses, coats and knitwear. All Australian owned or locally fulfilled, all backed by the Australian Consumer Law.

Week Ahead

Three dates matter for Australian shopper wallets between this Sunday morning and the RBA meeting decision on Tuesday 11 August. Sunday 2 August at 11:59pm tonight: the temporary 16 cent per litre fuel excise cut fully unwinds and the full 52 point 6 cents per litre excise resumes from Monday 3 August, with roughly 17 cents per litre added at metropolitan pumps once inflation indexation layered on. Wednesday 6 August at 11:30am AEST: the June quarter Wage Price Index lands from the ABS, the last key data print before the RBA meeting the following week and the read on how strong wages growth still is against a slowing headline CPI at 3 point 8 per cent. Tuesday 11 August at 2:30pm AEST: the RBA cash rate decision after the two day meeting on 10 and 11 August, now overwhelmingly priced as a hold at 4 point 35 per cent, with the accompanying Statement on Monetary Policy released Friday 8 August as the next big directional catalyst for household mortgage and savings planning through spring. Spring inventory transitions typically start around 15 to 20 August as retailers pivot from winter clearance to fresh spring stock, so hold discretionary fashion purchases if timing allows.

Our Take

Sunday 2 August is the day the fuel countdown becomes real. Tonight at 11:59pm is the cliff, and by Monday morning Australian households are paying 17 cents per litre more at the pump, with unleaded tracking above 2 dollars per litre and diesel above 2 dollars 40 cents in some capitals. Filling both tanks at cycle low this Sunday morning saves roughly 45 to 60 dollars for a two car household against Monday pricing. Use the 7 Eleven Fuel Lock app right now to lock a second tank for the following week. Top up every fuel vessel the household controls: caravan, boat outboard, jerry cans, ride on mower. Do not wait for Sunday afternoon; shelf prices are already climbing across most metropolitan sites ahead of the cutoff. Alongside that, the RBA hold on 11 August is now essentially a done deal, with all four Big Four banks and AMP aligned. Goldman Sachs and JPMorgan now expect the next RBA move to be a cut, not a hike. The rate you have this Sunday morning is very likely the rate you have through spring. The retail backdrop remains weak: Myer flagged a challenging second half, Roy Morgan consumer confidence sits at record lows, Betts is closing 20 stores. That weakness is what is driving the sharp discounts in today’s Top 5.

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 jacket clearance” or “family car boot cover”). 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 make your money go further with Australian retailers who stand behind the ticket and the Australian Consumer Law.

It’s On Sale Australia’s home for genuine retail deals. Browse today’s featured stores at itsonsale.com.au.