Tag: consumer spending

Retail spending grows in November

Australian retail sales increased 5% in November compared to the same time last year, according to the latest Mastercard SpendingPulse. Most retail categories continued to record significant year on year sales growth as...

Retail experiences first fall of 2022

Australian retail turnover fell 0.2% in October, according to figures released by the Australian Bureau of Statistics (ABS). This is the first monthly fall of the year in retail trade, following a 0.6%...

Aussies to continue spending this Christmas

Most surveyed Aussies (59%) claim they will spend the same or more (12%) this Christmas than they did last year, despite growing inflationary pressures. The Christmas Gift Buying Survey by the Australian Retailers...

Social media’s influence on impulse buying

Social media has enticed millions of Australians to make impulse purchases which many have later regretted, according to new research by Finder. A nationally representative survey of 1054 respondents revealed two in five...

Aussies guilty about their spending

New research conducted by Finder reveals that 58% of the Australian respondents experience money guilt. Women (75%) are almost twice as likely to admit to regretful spending than men (40%). And 12% of respondents...

Spending in May continued despite cost-of-living pressures

Consumer spending for May remained positive in the face of inflationary pressures and rising interest rates, with sales increasing 7.8% compared to May last year, according to Mastercard SpendingPulse, which measures in-store...

Easter shoppers hopping into spend mode

Australia’s retailers are gearing up for the first holiday season without restrictions in two years as spending is forecast to reach $8.4 billion in the lead up to Easter. National Retail Association Director...

Household spending intentions in December highest since 2017

The CommBank Household Spending Intentions Index increased by 2.5% to 115.0 in December, its highest level since the series commenced in July 2017, with the biggest gains in the travel, transport and...
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