Tag Archives: consumer spending

Aussies looking to save on groceries and fuel, says CBA

Australia, according to new research from Commonwealth Bank, is a nation on the hunt for a bargain. Marking the launch of Commonwealth Bank’s app-based feature for eligible customers (CommBank Rewards), the research finds that 94 per cent of Australians surveyed used shopping hacks to reduce spending. Australians surveyed are “most …

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Deloitte predicts ‘pain’ for Australian retailers in 2019

Deloitte says retailers have benefitted from consumers “living beyond their means”, but that change is coming for 2019. Retail sales weakened in 2018, says Deloitte, with real retail turnover expanding by 2.2 per cent over the year. It predicts this weakness to extend into 2019 as “housing-market pressures and lacklustre …

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Retail spending improves – but only thanks to piggy banks

Retail spending has improved in 2017-18, but only because consumers dipped into their savings, according to Deloitte Access Economics. The background picture is that household budgets remained under pressure owing to continuing subdued wage growth and non-discretionary price rises. According to Deloitte Access Economics’ latest quarterly Retail Forecasts subscriber report …

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