Tag: discretionary spending

Spending on essentials slows

Australians are freeing up more of their wallet for discretionary purchases with a focus on value and convenience, according to the latest CommBank iQ ‘Cost of Living Insights’ analysis. Overall spending continues to...

Retail turnover subdued, up 0.1%

Australian retail turnover grew a modest 0.1% in April 2024, according to seasonally adjusted figures released by the Australian Bureau of Statistics (ABS). This followed a 0.4% decline in March 2024 and...

Australians spent $8.1B over Easter week

Australians spent $8.1 billion over the week of Easter (2-8 April) – up a modest 4.5% on last year amid a softening of discretionary spending and high inflation, according to new Westpac...
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