With Christmas Spending Set To Fall, Retailers Now Eye 2025 Recovery
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September 18, 2024
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With discretionary spending under pressure for millions of consumers in the country amid a cost of living crisis, a new report indicates... Read More
Consumer Slowdown Expected to Hit GDP Growth
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September 3, 2024
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The Reserve Bank of Australia’s tough stance on refusing to lower the cash rate, and in effect ruling out the possibility of... Read More
Five Things Consumers Can’t Stop Buying
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September 18, 2023
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Across the country, wallets keep shutting. However, Australians haven’t completely stopped discretionary spending. Over the last six weeks, retailers lifted financial performances... Read More
Investors Worry U.S. Consumer Spending To Freefall
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September 12, 2023
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A new Bloomberg survey found that over half of respondents said personal consumption of U.S. consumers would shrink at the start of... Read More
David Jones Sales Slow, Luxury Spending Continues
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August 31, 2023
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Chief Executive of David Jones Scott Fyfe claimed trading remains positive with consumers continuing to invest in luxury brands, even though sales... Read More
Consumer Spending Remains Resilient
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August 9, 2023
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New NAB research shows that during July, consumer spending remained resilient, even while retail spending stayed under pressure, with retailers telling ChannelNews... Read More
Supermarket Prices Keep Rising, Inflation Continues Affecting Consumers
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July 14, 2023
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Inflation continues as supermarket shelves receive more steep price hikes since the beginning of this year. Grocery app Frugl conducted an analysis... Read More
Amazon Prime Day To Be Affected By Consumer Spending Slowdown?
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July 12, 2023
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Despite clouds looming over consumer spending, Amazon.com is predicting even higher numbers than before for Prime Day 2023. The Amazon shopping bonanza will be... Read More
Westpac Card Data Shows Contracting Consumer Spend
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May 11, 2023
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The Westpac Card Tracker Index shows a continued “significant weakening” in spending. The Index declined 7.9pts over the two weeks to May... Read More
CommSec Advises Consumer Spending to Slow Even Further
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May 3, 2023
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CommSec analysts have said that The Reserve Bank’s rapid interest rate hikes have appeared among declining voluntary consumer spending when it comes... Read More
