Tag: consumer spending

Spending falls in February

The monthly CommBank Household Spending Insights (HSI) Index fell by 0.2% in February. The bank notes that Valentine’s Day failed to invigorate spending with consumers pulling back most on recreation (down 1.6%) and hospitality (down...

Food boosts January spending

Consumers spent $37.08 billion across the country in January, according to figures released by the Australian Bureau of Statistics (ABS). Australian retail turnover rose 0.3%, following a fall of 0.1% in December and...

RBA cash decision brings relief to retailers

Retailers have called the decision from the Reserve Bank of Australia a welcome confidence boost but warned tough times are far from over for the sector. Peak bodies, the Australian Retailers Association (ARA)...

Household spending flat in January

The monthly CommBank Household Spending Insights (HSI) Index was flat in January, unchanged at 153.4. Modest spending increases were seen across six of the 12 spending categories, with the most notable uplifts seen in spending...

Only 24% of Aussies to celebrate Valentine’s Day

Millions of Australian couples won’t be celebrating Valentine’s Day this year, according to new research. A Finder survey of 1012 respondents reveals less than one in four (24%) Australians plan to celebrate this...

Engaging cost-conscious Aussies this Valentine’s Day

This Valentine’s Day retailers have a prime opportunity to engage shoppers, according to ShopFully. But with cost-of-living pressures still influencing spending, the approach matters more than ever. ShopFully Australia Country Manager Brendan Straw...

Retail sales steady in December

Australian retail turnover fell 0.1% in December, according to seasonally adjusted figures released by the Australian Bureau of Statistics (ABS). This comes after growth of 0.7% in November and 0.5% in October. Year...

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...
Advertisment

Most Popular