Tag: consumer spending

Black Friday boosts November spending

The CommBank Household Spending Insights (HSI) Index rose by 1.3% to 156.9 in November. This was led by a 5.7% jump in spending on household goods as shoppers took advantage of Black Friday...

Millions of Aussies have festive regrets

Budgets for millions of Australians will be stretched thin this Christmas, according to new research by Finder. A survey of 1009 respondents reveals 26% of Australians – equivalent to 5.5 million people –...

Festive spirits are maintained in the lead up to the holiday shopping period

According to the latest insights from Circana, data suggests consumers are looking to hold onto positivity. Circana, fresh from delivering the 2025 outlook at its State of the Industry event, reports the improving...

Retail sales rise again

Australian retail turnover has risen for the third straight month, increasing by 0.6% in October, according to figures released by the Australian Bureau of Statistics (ABS). This comes after growth of 0.1% in...

Spending on essentials slows

Australians are freeing up more of their wallet for discretionary purchases with a focus on value and convenience, according to the latest CommBank iQ ‘Cost of Living Insights’ analysis. Overall spending continues to...

Household spending declines in September

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...

Warm weather lifts retail spending in August

Consumers spent $36.5 billion nationwide in August, according to figures released by the Australian Bureau of Statistics (ABS). Australian retail turnover rose 0.7%, following a rise of 0.1% in July and a rise of 0.5%...

Early Father’s Day boosts household spending in August

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...
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