Alan Oster talks to the reasons behind his optimistic economic outlook for Australia in 2016 including the benefits in the investment in the mining sector and consumer confidence.
Consumer stress is rising again with Australians wary about the outlook for the year ahead. Household pressures are set to ease but until then the mantra for many consumers appears to be, “Show me the money”!
Report
Total spending went up 0.6% m/m. Overall, total consumer spending increased 1.9% in 3-month average terms and 6.5% over the past 12 months.
Report
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