Tag: cost of living

Consumers continue to cut back on spending

Australians continued to “tighten their belts” in July, according to a new Commonwealth Bank of Australia (CBA) report, with spending growth declining nationally to just 1.3% in the year to July. The monthly CommBank...

Aussies still willing to pay for sustainability amid cost-of-living crisis

Over half of the Australian shoppers recently surveyed by Monash University say sustainability is an important factor when making a retail purchase. Despite the increases to our cost of living, Monash Business School’s...

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...

Interest rates on hold again

The Reserve Bank of Australia (RBA) has left interest rates on hold, with its cash rate target remaining at 4.1%. This follows last month’s pause after interest rates had been increased by 4 percentage...

New app to help save on groceries and reduce food waste

Gander, an app designed to help consumers save money at the supermarket and combat food wastage, is launching in Australia today. Australians will have the ability to check what’s on sale in...

Retailers face higher barrier to sale amidst soaring cost-of-living pressures

New research from Manhattan Associates has found that 80% of Australians are now more discerning and selective in their purchasing decisions compared with twelve months ago, creating a significantly higher barrier to...

ARA backs Queensland budget

The Australian Retailers Association (ARA) welcomes the cost-of-living measures in Queensland’s state budget. In particular, the industry body notes the government’s flagship policy to make kindergarten free for all families. They believe this...

Aussies changing shopping behaviours amid cost-of-living pressures

New findings from ShopFully and Nielsen reveal changed consumer behaviour to cut costs at the checkout. The commissioned study into Australian consumers’ path to purchase highlights shoppers are under financial pressure, with three...
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