-10 C
Ottawa
Sunday, December 21, 2025

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

Date:

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.

About the author: Naziya Alvi Rahman
Tell us something about yourself.
spot_imgspot_imgspot_img

Share post:

More like this
Related

Court Recognises Native Title for Spiritually Significant Land and Waters in Queensland

The blue section marks the land at the centre...

Bunnings Retains Most Trusted Brand Title for Second Year in a Row

Shoppers looks through the bargain bins at the David...

Firefighters Say They Face Increasing Rates of Violence While on Duty

A Waretown volunteer firefighter helps prepare a fire truck...

Meetings Between US, Ukrainian Delegations to End War Productive and Constructive: Witkoff

Russian presidential foreign policy adviser Yuri Ushakov (L) U.S....