Tag: spending

Household spending soft in March

The monthly CommBank Household Spending Insights (HSI) Index increased 0.2% in March to 141.8. This, says the bank, was led by shoppers stocking up the fridge ahead of the earlier-than-usual Easter break. The spending uplift was...

Aussies to spend $4.4b this Easter

Australians are gearing up for a big Easter spending spree, according to new research by Finder. A Finder survey of 1061 respondents revealed almost two in three (61%) Australians – equivalent to 12.7...

Aussies to spend $2.05b this Easter

Australians are expected to spend $2.05 billion on hot cross buns, Easter eggs and other special food this Easter, approximately $400 million more than in 2023. According to research from the Australian Retailers...

Household spending drops in December

The monthly CommBank Household Spending Insights (HSI) Index fell 3.9% in December. This, says the bank, was due to the cumulative effect of successive interest rate rises as well as consumers bringing forward holiday...

Aussies to spend $9b in final festive week

Retailers are set to bring in $9 billion in sales in the final week before Christmas, according to the Australian Retailers Association (ARA). The pre-Christmas re-forecast by the ARA, in conjunction with Roy...

Household spending rises in November

The monthly CommBank Household Spending Insights (HSI) Index rose 1.8% in November. This was driven by consumers bringing forward their holiday shopping to take advantage of heavy discounting during Black Friday and Cyber...

Aussies spend on travel and entertainment amid rising costs

Australians continue to prioritise spending on travel and entertainment despite feeling ongoing pressure from rising living costs, according to the latest CommBank iQ Cost of Living Insights Report. The report shows quarterly spending...

Household spending drops in October

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...
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