Tag: CommBank

Spending gap widens between age groups

Younger Australians in their mid-to-late-twenties have pulled back on spending more than any other age group, while those over 65 continue to spend above the rate of inflation, according to the latest...

Victoria had strongest spending among states in September driven by AFL Finals, CommBank

The monthly CommBank Household Spending Insights (HSI) Index rose 0.5% to 137.4 in September, led by increased spending on hospitality and food and beverages, higher petrol prices and increased education spending. However, spending...

Small businesses claiming millions through CommBank

New data released by Commonwealth Bank reveals 12,500 Australian businesses initiated approximately $93 million in claims via CommBank’s digital feature, Benefits finder, between June and December 2021. The dedicated Benefits finder for Business dashboard...

Household spending intentions in December highest since 2017

The CommBank Household Spending Intentions Index increased by 2.5% to 115.0 in December, its highest level since the series commenced in July 2017, with the biggest gains in the travel, transport and...

Contactless payment gains momentum

Data from the Roy Morgan Digital Payments Report shows a sharp increase in use of non-bank contactless mobile payment services compared to a year ago. According to the report, a total of 10.8% of Australians...
Advertisment

Most Popular