Comm Bank Index Shows Household Spending Maintains Growth Momentum in August
Australia’s household spending continued to climb in August, with the Commonwealth Bank’s Household Spending Insights (HSI) Index recording its sixth straight monthly increase. The index rose 0.3 per cent for the month, extending the steady recovery in consumer activity seen since early 2024. The result follows July’s 0.7 per cent lift and gains of 0.5…
