Consumers spent $35.1 billion across the country in December, according to figures released by the Australian Bureau of Statistics (ABS).
Australian retail turnover fell 2.7%, following a rise of 1.6% in November and...
Australia’s back to school (BTS) purchases are set to generate $2.5 billion in sales, according to research by the Australian Retailers Association (ARA) and Roy Morgan.
The inaugural research reveals that approximately five...
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...
Consumers spent more than $36.5 billion across the country in November, according to figures released by the Australian Bureau of Statistics (ABS).
Australian retail turnover rose 2%, following a fall of 0.4% in...
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...
While the Australian economy has dodged a recession in 2023 so far, the retail sector did not. Yet after three consecutive quarters of retail decline, the worst is over – the September...
Consumers spent more than $35.7 billion across the country in October, according to seasonally adjusted figures released by the Australian Bureau of Statistics (ABS).
Australian retail turnover fell 0.2% in October, following rises...
Australians continue to prioritise spending on travel and entertainment despite feeling ongoing pressure from rising living costs, according to the latest CommBank iQ Cost of Living Insights Report.
The report shows quarterly spending...
