Australian household spending rises 8.2% in March

The Australian Bureau of Statistics (ABS) revealed on Tuesday that the country’s household spending rose 8.2 percent in March compared to the same period last year. According to the latest figures released by the ABS, while non-discretionary spending increased by 13.9 percent, the growth of discretionary goods and services slowed to 2.2 percent. “Hotels, cafes, […]

The Australian Bureau of Statistics (ABS) revealed on Tuesday that the country’s household spending rose 8.2 percent in March compared to the same period last year. According to the latest figures released by the ABS, while non-discretionary spending increased by 13.9 percent, the growth of discretionary goods and services slowed to 2.2 percent. “Hotels, cafes, […]