Over 65s outspend everyone under 45
Summary by theindiansun.com.au
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Over 65s outspend everyone under 45
Australia’s economic pulse is being set by those no longer in the workforce. A generational inversion is playing out in plain sight—one that flips decades of economic logic on its head. Older Australians are driving household consumption, buying new cars, going on holidays, eating out, and shopping at rates that younger Australians simply can’t match. The under-40s, meanwhile, are cutting back on both essentials and indulgences—not out of thrift…
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