Business
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.
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…
-
General19 hours agoChinese Communist Party body replaces 11 members amid corruption purge
-
Noosa News23 hours agoMan in custody after fatal stabbing near state border
-
General23 hours agoACT government considers making public transport free for more Canberrans
-
General22 hours agoAustralian runner Phil Gore wins Backyard Ultra World Championship after five gruelling days of running