The monthly CommBank Household Spending Insights (HSI) Index fell 1% in October.
This was led by declines in spending across recreation, hospitality and food and beverage as the ongoing effect of interest rate...
The Reserve Bank of Australia (RBA) has raised the cash rate target by 25 basis points to 4.35%.
It has also increased the interest rate paid on Exchange Settlement balances by 25 basis points to...
Consumers spent more than $35.8 billion across the country in September, according to seasonally adjusted figures released by the Australian Bureau of Statistics (ABS).
Australian retail turnover rose 0.9%, following rises of 0.3%...
The Reserve Bank of Australia (RBA) has left interest rates on hold for the fourth consecutive month, with its cash rate target remaining at 4.1%.
RBA Governor Michele Bullock says the higher interest...
While the direct disruption of the pandemic on workplace mental health has eased, Australian workplaces are facing new pressures, according to new research by Allianz Australia.
More than a third (35%) of surveyed...
The Australian Retailers Association (ARA) has welcomed cost-of-living relief measures announced in yesterday’s NSW Budget. It has, however, called for more support for small business amid a cost-of-doing-business crisis.
ARA CEO Paul Zahra...
The monthly CommBank Household Spending Insights Index rose 0.7% to 137.0 in August.
This was led by increased education spending by international university students, higher transport spending due to increased petrol prices and...
After significant growth in peak pandemic years, Australian consumer online retail spending has stabilised, according to the Australian Ecommerce Report 2023 by IAB Australia and Pureprofile.
The report found that 67% of surveyed...
