Commonwealth Bank: Aussies continue to spend up on home improvements
- Spending patterns change during restrictions and lockdowns but Aussies keep up their DIY
- The latest credit and debit card spending analysis from Commonwealth Bank’s Global Economic
- Markets Research team shows that while Australians appear to be spending less overall during restrictions and shutdowns
- Some of the spending patterns that emerged early on in the period of restrictions and lockdowns are now reversing
- Consumers may feel like they have enough alcohol stocked up and the fact that many businesses are pivoting to build digital businesses
- Spending on household furnishing and equipment fell by 7 per cent in the week ending Friday 3 April compared to the previous week
