Search results for Household spending
Tools, ties and taverns: early Father’s Day boosts household spending in August
The CommBank Household Spending Insights Index saw the impact of energy rebates lower spending on Utilities, while university and school fees drove...
12 September 2024
Dads can buy themselves flowers: Father’s Day spend trends revealed
Dads can expect a ticket to a music gig, homewares and lottery tickets as CommBank reveals spend trends for Australian small businesses in the lead...
27 August 2024
Household spending flat in July as consumers look for discount options
The CommBank Household Spending Insights Index was flat in July as significant spending gap between renters, mortgage owners and homeowners remains.
15 August 2024
June household spending inches higher as renters fall behind
The CommBank Household Spending Insights Index rose 0.6 per cent in June, but the annual growth rate continues to point to soft consumer spending e...
11 July 2024
Consumers reluctant to open wallets despite bump in May household spending
Despite a lift in CBA’s monthly Household Spending Index, growth in consumer spending has risen just 0.1 per cent per month on average since Januar...
13 June 2024
Household spending slows as consumers pump the brakes on discretionary spending
April Household Spending Index features new Home Ownership Insights revealing renters pulling back most on spending.
13 May 2024
Household spending soft in March despite Easter bump
CommBank Household Spending Insights Index rose 0.2 per cent in March, however the Index is still below November 2023 as spending on household good...
11 April 2024
Household spending falls in February despite the Taylor effect
CommBank Household Spending Insights Index fell -0.3 per cent in February but consumers still managed to spend big on music festivals.
13 March 2024
Travel and fitness boost household spending in January
CommBank Household Spending Insights Index rose 3.1 per cent to 141.9 in January 2024, but the bounce did not fully offset weakness in December 20...
15 February 2024
Rate rises and pre-Christmas sales saw household spending drop sharply in December
CommBank Household Spending Insights Index fell 3.9 per cent to 137 in December.
15 January 2024
Australians plan to spend over $4.6 billion in this year’s Boxing Day sales
1.4 million more Australians are planning to shop the Boxing Day sales this year, but are also planning to spend less than previous years.
20 December 2023
Consumers bring forward Christmas spend to take advantage of sales
CommBank Household Spending Insights Index rose 1.8 per cent to 142.8 in November.
13 December 2023
Australians looking to Black Friday and Cyber Monday for deals on essential purchases
New CommBank research highlights how Australians are looking to deals and discounts to help with the cost of living.
23 November 2023
Household spending drops in October as ongoing effect of rate hikes slows consumer spending
CommBank Household Spending Insights Index fell 1.0 per cent to 139.8 in October.
13 November 2023
CommBank offers interest-free finance for solar and battery systems
Solar and battery provider UPowr first to offer CommBank’s new product InstalPay
31 October 2023
Victoria had strongest spending among states in September driven by AFL Finals
CommBank Household Spending Insights Index rose 0.5 per cent in September, led by increased hospitality and food & beverage spending during school ...
11 October 2023
Surge in international students, higher petrol prices and FIFA World Cup drove increased household spending in August
CommBank Household Spending Insights Index rose 0.7 per cent in August, with strongest monthly gain in Queensland. However annual spending growth r...
13 September 2023
New CommBank Household Spending Insights Index shows consumers continued to tighten belts in July
Monthly CommBank HSI Index is based on de-identified transaction data of CBA customers and 12 spending categories. Shows Western Australia had the ...
15 August 2023
CommBank HSI Index drops 1.7% in June, as discretionary spending weakens further
Decline led by reduced spending on home buying, health & fitness, entertainment and travel, with utilities spending increasing at its highest rate ...
11 July 2023
Discretionary spending weak again in May and signs of parents needing to work more hours
Increased number of trading days in May sees CommBank HSI Index reverse April’s decline, with higher childcare spending suggesting parents are need...
13 June 2023
Household spending declines in April
Drop in CommBank HSI Index due to reduced trading days for Easter and ANZAC Day holidays, as annual spending growth continues to moderate.
9 May 2023
Return to work drives increased transport spending
Rise of CommBank HSI Index in March also led by increased entertainment, retail, travel and education spending - as annual spending growth continue...
18 April 2023
CommBank HSI Index declines again in February, led by weaker spending on entertainment, retail and travel
Commbank HSI Index declines again in February, led by weaker spending on entertainment, retail and travel.
14 March 2023
Summer holidays support spending in January, as consumer activity slows
CommBank HSI Index drops 6.9 per cent after Christmas, with signs of slowdown in retail activity
16 February 2023
Australians plan to spend over $3.6 billion in this year’s Boxing Day sales
More than half a million more Australians are planning to shop the Boxing Day sales this year, with most hoping to save money to help curb cost of ...
20 December 2022
Black Friday sales boost spending in November, with consumer slowdown expected to gather pace
Narrow monthly rise in CommBank HSI Index sees Black Friday bargains bring forward Christmas spending, as consumers plan to tighten belts.
13 December 2022
Higher prices drive increased household spending in October, as discretionary spending continues to weaken
Narrowly based 0.9 per cent monthly rise in CommBank HSI Index, with home buying and travel spending down after recent interest rate hikes.
8 November 2022
Want to spend less than you earn? CommBank, UTS partnership uses video to support financial wellbeing education
New partnership with UTS explores simple savings hacks.
1 November 2022
Spending declines as rising interest rates impact households
The RBA’s aggressive interest rate hikes are beginning to effect spending, according to the latest CommBank Household Spending Intentions Index
11 October 2022
Household spending mixed as interest rate rises take effect
Narrow rise in CommBank Household Spending Intentions Index in August reflects the current pressures facing households.
13 September 2022
Aussies making their home loans work harder as offset usage grows
Home loan customers looking to make savings have turned to mortgage offset accounts, new data from CBA has revealed.
6 September 2022
Narrowly based spending rise in July, as higher interest rates curb consumer activity
Monthly CommBank HSI Index tracks increased entertainment, transport, retail and utilities spending, while interest rate sensitive sectors continue...
16 August 2022
Rising prices and return to work lift consumer spending in June, but higher interest rates already making impact
CommBank Household Spending Intentions Index tracks the impact of higher prices and interest rate increases, with declines in entertainment, home b...
12 July 2022
Signs of slowing in household spending after interest rate rises
CommBank HSI Index lifts during May across most categories, but discretionary spending starting to soften with rising cost of living.
14 June 2022
Aussies boosted ‘rainy day’ funds by almost 50% during COVID in expectation of economic shocks
Australians continue to sustain high levels of precautionary savings to preserve their financial wellbeing in the face of economic uncertainty, glo...
2 June 2022
Household spending intentions fall by 3.8% in April
Latest CommBank HSI Index data shows normalising of spending patterns post COVID, with strong increases in travel and entertainment activity alongs...
10 May 2022
CommBank HSI Index at record high in March as economic recovery revs higher
Stronger economic momentum spurs increases in spending intentions across 11 of 12 spending categories, led by transport, travel and retail.
12 April 2022
CBA spending data shows Australians on the move in February
The CommBank HSI Index rose 1.8% in February, led by increased spending on transport and post summer holiday home buying.
8 March 2022
Household spending intentions down in January due to Omicron, while latest card data shows economic recovery back on track
The CommBank HSI Index dropped 10% in January, but new card data suggests consumer spending is now recovering.
8 February 2022
Household spending intentions in December highest since 2017, but COVID cases impact spending in January
CommBank HSI Index rose 2.5% in December driven by increased spending on travel, transport and retail. Omicron causes spending to drop in January.
20 January 2022
Aussies plan to spend $4 billion in this year’s Boxing Day sales
Australians plan to spend more than $550 each online and in-store during the Boxing Day sales, with most preferring to shop in-store.
21 December 2021
Australian household spending intentions return to pre-COVID levels for first time
CommBank's HSI Index for November has recorded sharp rises in transport and travel spending and increased retail activity, as consumers head into C...
7 December 2021
CommBank launches new Household Spending Intentions Index
Data-driven economic indicator shows post-lockdown surge in Australian consumption led by increased spending on travel, transport and entertainment.
9 November 2021
Aussies put home buying plans on ice as they emerge from lockdown
Home buying spending intentions have taken a hit in October, but remain buoyant for the year, according to CommBank’s new Household Spending Intent...
9 November 2021
Supply constraints put brakes on motor vehicle spending intentions
CommBank’s new Household Spending Intentions Index has revealed motor vehicle spending intentions slipped in October after enjoying a strong year.
9 November 2021
Spending intentions fall during lockdowns
Household Spending Intentions (HSI) data for July 2021 shows year on year declines in most spending categories for first time since the start of pa...
17 August 2021
Spending intentions increase for education, fitness & health
Household Spending Intentions (HSI) for June 2021 shows falls in the home buying, retail, travel, entertainment & motor vehicle categories in compa...
20 July 2021
COVID-19 restrictions have lower than expected impact on card spending in NSW
Commonwealth Bank of Australia has revealed the latest card spend data for the week ending 2 July.
6 July 2021
Stronger spending intentions for May show growing consumer confidence
Increases in home buying, education, health and fitness spending intentions reflect continued economic recovery, according to combined CBA and Goog...
15 June 2021
Home buying, retail, entertainment spending intentions climb in April
Spending intentions across all seven categories march higher as Australian households recover from Covid-19 impacts, according to combined CBA and ...
18 May 2021
March spending intentions surge amid Australia’s economic rebound
Stronger spending intentions on COVID-hit sectors reflect broad economic recovery and base effects, according to combined CBA and Google data for M...
20 April 2021
Home buying intentions soar in February, while retail spending intentions show signs of cooling
Prospective spending on residential property neared a record, and spending plans for entertainment, education and health and fitness categories als...
16 March 2021
Home Buying, Travel, Health & Fitness spending intentions climb in January
Appetite for property ticked higher in January 2021, with combined CBA and Google data showing an increase in home buying intentions.
16 February 2021
Travel, entertainment spending intentions increase in December
Australian household spending intentions for travel and entertainment ticked higher at year-end, even as appetite for home buying softened, accordi...
19 January 2021
Aussies' financial wellbeing improves during pandemic, research shows
Uncertainty during 2020 saw Australians save more and spend less, with the vast majority seeing their financial wellbeing score improve or remain u...
22 December 2020
Home Buying and Retail spending intentions strengthen in November
Spending intentions grew in a number of key categories last month, according to combined CBA and Google data.
15 December 2020
Stay on top of your spending this festive season
A window into our psychology can help us avoid that January spending hangover, according to CBA’s Head of Behavioural Economics, Will Mailer.
11 December 2020
Spending intentions: A mixed bag in October
Combined CBA and Google data highlights how spending intentions were mixed across different sectors last month, according to CBA’s Chief Economist.
17 November 2020
Card spending surges as restrictions ease and internal borders improve
Spending on services was the dominant driver in a 13 per cent year-on-year increase in overall spending last week, according to latest research fro...
10 November 2020
Uneven recovery continues in September
CBA’s Chief Economist Stephen Halmarick confirms spending intentions largely tracked sideways in September, while expecting future improvements.
20 October 2020
Recovery in household spending intentions stalls
Greater Melbourne’s stage 4 restrictions impacted household spending intentions in August, according to the CBA’s latest data.
15 September 2020
Household spending intentions improved in July
While the latest data indicates that the recent lockdowns and border closures are clearly slowing the pace of spending, there was solid improvement...
18 August 2020
