Confident, cashed-up Aussies set to spend

By Colin Brinsden, Aap Economics and Business Correspondent
Updated October 21 2020 - 2:16pm, first published 2:14pm
Retail spending fell by $448.6 million or 1.5 per cent in September compared to the previous month.
Retail spending fell by $448.6 million or 1.5 per cent in September compared to the previous month.

The recent buoyancy of consumer confidence has yet to be reflected in retail spending, but income tax cuts and a potential interest rate decrease could lead to a shopping spree in coming months.

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