The monthly CommBank Household Spending Insights (HSI) Index increased 1.1% in May to 150.21.
This follows a 1% drop in April, continuing the month-to-month spending volatility seen throughout 2024.
While household spending rose in May,...
Younger Australians in their mid-to-late-twenties have pulled back on spending more than any other age group, while those over 65 continue to spend above the rate of inflation, according to the latest...
Australians are set to spend $995 million on Mother’s Day this year, according to research from the Australian Retailers Association (ARA) in collaboration with Roy Morgan. This is up $70 million, or 7.5% from last year.
Popular gifts for mum...
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...
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...
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...
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...
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...
