The monthly CommBank Household Spending Insights (HSI) Index fell 3.9% in December.
This, says the bank, was due to the cumulative effect of successive interest rate rises as well as consumers bringing forward holiday...
The Commonwealth Bank of Australia (CBA) believes the RBA’s efforts will slow the economy without pushing it into recession next year.
“Looking ahead, 2024 will have more than its fair share of risks...
The monthly CommBank Household Spending Insights (HSI) Index rose 1.8% in November.
This was driven by consumers bringing forward their holiday shopping to take advantage of heavy discounting during Black Friday and Cyber...
The monthly CommBank Household Spending Insights (HSI) Index fell 1% in October.
This was led by declines in spending across recreation, hospitality and food and beverage as the ongoing effect of interest rate...
The monthly CommBank Household Spending Insights Index rose 0.7% to 137.0 in August.
This was led by increased education spending by international university students, higher transport spending due to increased petrol prices and...
Australians continued to “tighten their belts” in July, according to a new Commonwealth Bank of Australia (CBA) report, with spending growth declining nationally to just 1.3% in the year to July.
The monthly CommBank...
A new report by CommBank iQ takes a look at changes in spending behaviour in response to inflation, interest rate rises and rent increases.
CommBank iQ is a joint venture between Commonwealth Bank...
Commonwealth Bank is supporting businesses to manage the increased cost pressures of running a business through exclusive pricing and savings on internet and phone plans.
In partnership with local telecom provider More, eligible...
