11.6 C
London
Monday, October 27, 2025
HomeAfrica NewsHouseholds Spend More as Fuel and Power Savings Free up Cash: CommBank

Households Spend More as Fuel and Power Savings Free up Cash: CommBank

Date:

Related stories

California Political Adviser Pleads Guilty to Being Foreign Agent of China

The former campaign adviser of a Southern California city...

Rubio Speaks With Chinese Foreign Minister Ahead of Trump–Xi Meeting

Chinese Foreign Minister Wang Yi said he hoped the...

Federal Reserve Expected to Cut Interest Rates Again This Week

Wall Street will be closely watching what is said...

Cigna’s Express Scripts Unveils Rebate-Free Program to Lower Drug Costs

Evernorth’s Express Scripts, the health services division of The...

Creating an Estate Plan for 2026

We never want to think of our own mortality....
spot_imgspot_img

AD

The report points out that while spending is lifting, it’s not bouncing back as strongly as expected.

Households Spend More as Fuel and Power Savings Free up Cash: CommBank

Australian $50, $20, $10 and $5 banknotes and dollar coins in Newcastle, Australia, on March 25, 2025. Roni Bintang/Getty Images

Naziya Alvi Rahman

|Updated:

Australian households are gradually returning to discretionary spending, with increased activity in dining, entertainment, and travel despite subdued economic conditions, according to new data from the Commonwealth Bank.

The CommBank Household Spending Insights (HSI) Index rose by 0.5 percent in May, reflecting tepid household activity overall.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories