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We’re supposed to be struggling, yet we’re spending more. Why?

CBA said discretionary spending rose nearly 7% in September as older, mortgage-free households kept spending on experiences and other non-essentials.

Summary by Sydney Morning Herald
Most Australians feeling the cost-of-living crunch are continuing to spend on non-essentials. It’s not an irrational response.

4 Articles

Sydney Morning HeraldSydney Morning Herald
+3 Reposted by 3 other sources
Lean Left

We’re supposed to be struggling, yet we’re spending more. Why?

Most Australians feeling the cost-of-living crunch are continuing to spend on non-essentials. It’s not an irrational response.

·North Sydney, Australia
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Bias Distribution

  • 75% of the sources lean Left
75% Left

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Sydney Morning Herald broke the news in North Sydney, Australia on Thursday, November 12, 2026.
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