Commonwealth Bank figures show how people are responding to changing economic conditions

Adrian Rollins
August 15 2023 - 5:30am

Households are spending up on major events and experiences like the FIFA Women's World Cup and the Barbenheimer phenomenon while simultaneously cutting back sharply on haircuts, travel, new clothes and other discretionary purchases as they adjust to the increasing pressure on family budgets.

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Adrian Rollins

Adrian Rollins

Journalist

Adrian Rollins is economics correspondent for the Canberra Times

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