Economy
Spending growth at highest level in six years
Consumer confidence is on the rise, with spending rising for the third straight month in May, according to the latest Commonwealth Bank Business Sales Indicator (BSI).
Consumer confidence is on the rise, with spending rising for the third straight month in May, according to the latest Commonwealth Bank Business Sales Indicator (BSI).
Economy-wide spending enjoyed a solid gain in June, according to the latest Commonwealth Bank Business Sales Indicator (BSI), suggesting consumers are slowly becoming less tentative about parting with their cash.
Spending rose across the economy in April, according to the latest Commonwealth Bank Business Sales Indicator (BSI), though it appears business sales growth may be slowing as a result of declining consumer confidence.
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