29-September-2026
Economy News
 
Australia Household Spending Is Flat in August After Strong Run
29-Sep-2026

Australian household spending was flat in August as consumers cut back on everything from food to clothing and culture, data showed on Tuesday, while they forked out more for fuel. The Australian Bureau of Statistics' monthly household spending indicator was unchanged in August at A$82.3 billion ($57.71 billion). Analysts had expected a rise of around 0.3% after a surprisingly strong 1.1% jump in July.

News Source:- https://money.usnews.com/investing/news/articles/2026-09-28/australia-household-spending-is-flat-in-august-after-strong-run
 
 
 

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