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...
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...
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...
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...
This year’s holiday season will see shoppers spending less per head but more purposefully.
According to a new survey by the Australian Retailers Association (ARA), in collaboration with Roy Morgan, 30% of surveyed...
Despite an expected softening in the broader pre-Christmas spending period, says the Australian Retailers Association (ARA), the popularity of Black Friday is set to continue.
Research by the ARA, in partnership with Roy...
Australians are expected to spend $10.5 billion on Christmas gifts this year, according to the September edition of the Fifth Quadrant Consumer Insights Study.
This is despite 71% of respondents believing the cost-of-living...
