December edition of the Household Spending Intention (HSI) series

In our first podcast for 2021, Kim Mundy and Belinda Allen delve in to the December edition of the Household Spending Intention (HSI) series. The last edition for 2020 showed that at the end of last year there was a very welcome improvement in spending intentions for Travel, Health & Fitness, Entertainment and Motor Vehicles. Home Buying and Retail spending intentions were flat on the month, following strong gains in November, with Education spending intentions also tracking sideways. Early in 2021, a few of the major cities in Australia have had to implement some lockdowns and restrictions to jump on an uptick in Covid-19 infections. Some state border closures have been re-established and as a result Belinda also discusses the most recent weekly card spend report.

 

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