Tag: consumer spending

Aussies reluctant to sacrifice certain luxuries

Millions of Australians are refusing to give up their little luxuries, according to new research by Finder. A Finder survey of 1096 respondents revealed three quarters of surveyed Australians (74%) – equivalent to...

Retail volumes fall for third straight quarter

Australian retail sales volumes fell 0.5% in the June quarter 2023, making it the third quarter in a row to see a fall, according to figures released by the Australian Bureau of...

Aussies cut back on their spending

Almost half (47%) of the Australians surveyed in a recent pulse study conducted by Monash University are shopping for lower-priced brands more now than they did at the same time last year. The...

Grocery and restaurants drive April sales

Australian retail sales increased 2.6% in April compared to the same time last year, according to the latest Mastercard SpendingPulse, despite most retail categories experiencing double-digit declines. The total growth was driven by...

Retail sales rise in March amid cost-of-living pressures

Australian retail turnover rose 0.4% in March 2023, according to figures released by the Australian Bureau of Statistics (ABS). This follows a 0.2% rise in February. Year on year, retail sales recorded 5.4%...

Retail sales rebound in January

Australian retail turnover rose 1.9% in January, a solid year-on-year growth increase of 7.5% on the same time the previous year, according to figures released today by the Australian Bureau of Statistics...

‘Solid’ sales in January amid economic uncertainty

Australian retail sales increased 6.3% in January compared to the same time last year, according to the latest Mastercard SpendingPulse. Most retail categories maintained reasonable momentum after a record holiday spend. Lodging recorded...

Aussies expected to splurge this Valentine’s Day

Australians are set to spend $485 million this Valentine’s Day (up 16.9% on 2022), according to new research. The research from Australian Retailers Association (ARA), in conjunction with Roy Morgan, suggests that consumers...
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