ABC News – Top stories
·general
·6 hours ago
Australians increase spending in March, led by over-65s
Household spending in Australia rose 2.9 percent in March, largely driven by over-65s who increased their spending by 14.2 percent annually, according to CBA data. Transport spending surged 22.9 percent as petrol prices soared amid the conflict in the Middle East. The Reserve Bank is monitoring these trends ahead of its interest rate decision on May 5.
Summary by Glance · ABC News – Top stories
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