The monthly CommBank Household Spending Insights (HSI) Index declined 0.7% in September to 146.7, despite increased recreation spending around the AFL and NRL grand finals.
Six of the 12 spending categories saw a decline...
The CommBank Household Spending Insights (HSI) Index rose by 1.8% in August to 154.3 as consumers splurged in the lead-up to an early Father’s Day.
10 of the 12 spending categories rose in the...
The monthly CommBank Household Spending Insights (HSI) Index was flat in July, unchanged at 148.2.
Modest spending increases were seen across seven of the 12 spending categories, with the most notable uplifts in household goods (up 1.3%),...
Commonwealth Bank of Australia (CBA) recently announced new products, services and features for business customers, aimed at meeting more of their banking needs.
Among the new additions are an expansion of CommBank Yello...
The monthly CommBank Household Spending Insights (HSI) Index increased 1.1% in May to 150.21.
This follows a 1% drop in April, continuing the month-to-month spending volatility seen throughout 2024.
While household spending rose in May,...
The monthly CommBank Household Spending Insights (HSI) Index increased 0.2% in March to 141.8.
This, says the bank, was led by shoppers stocking up the fridge ahead of the earlier-than-usual Easter break.
The spending uplift was...
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...
