Australia’s Household Spending Exceeds Expectations Ahead of RBA
2 sources·Updated August 4, 2026
Covered by 2 sources
- The West Business·2h agoEV sales, air travel drive rebound in consumer spending
A surprisingly strong 0.8 per cent rise in household spending could indicate that interest rates aren't slowing the economy as fast as the Reserve Bank thinks.
Read at The West Business → - Bloomberg Economics·5h agoAustralia’s Household Spending Exceeds Expectations Ahead of RBA
Australia’s household spending climbed more than expected in June, pointing to resilient consumer demand in the economy a week out from the Reserve Bank’s policy meeting, when it’s widely expected to keep interest rates unchanged.
Read at Bloomberg Economics →
