Grim reason Aussies are spending more

Grim reason Aussies are spending more

Australian families have been forced to spend significantly more as cost of living pressures re-emerge, with fuel prices accounting for much of the rise.

Cost of living crisis fuels spending surge as older Aussies cash in

Australian families have been forced to spend significantly more as cost of living pressures re-emerge, with fuel prices accounting for much of the rise.

Australians increase spending in March, led by over-65s

Australians spent more in March as the outbreak of the Iran war drove up petrol prices. Older Australians increased their spending at the fastest pace, CBA data shows.

Petrol prices inflate March spending ahead of expected slowdown

Older Australians and a 23 per cent increase in transport costs pumped up the spending of Australian households in March, but CBA economists say a slowdown is expected. Australian household spending rebounded strongly in March, driven by an increase in petrol prices and a broader lift across all spending categories, the latest CommBank Household Spending Insights (HSI) shows.  New data also shows a significant split in the spending patterns of d…