Posts tagged "household spending"

Online sales have surged due to COVID-19, with Australians spending a total of $27.9 billion online from September 2019 to August 2020.

Between 2012 and 2019, cumulative non-discretionary inflation was 14.8%, compared with 12.9% for discretionary inflation.

The impact of the pandemic is continuing to show up in odd places. This time, consumer spending on sheets over shoes.

Grattan Institute researchers say the federal government needs to commit to an additional $120 billion of fiscal stimulus.

The government has pumped tens of billions of dollars into the economy, but households are shoving much of it under their mattresses.

Cutting personal income taxes seems likely to provide much more of a boost to the Australian economy than cutting company tax.

By Rachel Ong, Alan Duncan, Chris Twomey, Ken Leong, and Silvia Salazar, Curtin University

People have been spending more in New South W…

Australia’s answer to Black Friday flash sales, Click Frenzy, kicks off at 7:00pm tonight, marking its fifth year in operation.

The sale …