Australian Household Spending Up Modestly in June as EOFY Sales Disappoint, Says CommBank
() -- Australian household spending rose 0.3% in June, with end-of-financial-year sales less impactful than in 2025, as inflation and higher-for-longer interest rates weighed on consumers, according to a Thursday report by Commonwealth Bank of Australia. The bank said gains were recorded across 10 of the 12 spending ca