Tag: 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...

Christmas gifting spend to drop

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...

Aussies to spend $6.36b this Black Friday

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...

Aussies to spend $10.5b on Christmas gifts

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...

Aussies predicted to spend $66.8b this Christmas

Pre-Christmas spending in 2023 is expected to edge in line with last year’s results. Provisional forecasts by the Australian Retailers Association (ARA), in conjunction with Roy Morgan, predict $66.8 billion will be spent...

Household spending increased in August

The monthly CommBank Household Spending Insights Index rose 0.7% to 137.0 in August. This was led by increased education spending by international university students, higher transport spending due to increased petrol prices and...

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 guilty about their spending

New research conducted by Finder reveals that 58% of the Australian respondents experience money guilt. Women (75%) are almost twice as likely to admit to regretful spending than men (40%). And 12% of respondents...
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