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3 sectors Aussies are splashing cash on right now – The Motley Fool Australia

Seeing where your fellow citizens want to spend money may tip you off as to which ASX shares might do well.

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Australians are ploughing their cash into travel, entertainment and real estate as the country well and truly moves past the COVID-19 recession.
That’s the finding from the latest Commonwealth Bank of Australia (ASX: CBA)Household Spending Intentions (HSI) survey that analysed spending in March.
The rebound in consumer activity matches the bank’s economists’ forecast that Australia would return to pre-pandemic growth levels by the first quarter of this year.
“The stronger Household Spending Intentions…

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