Citi launches 'Australian-first' rewards program for bill payments Last week, Citi launched PayAll, a new way to pay rent and bills in one place while earning up to one Citi reward point per dollar spent. By Harrison Astbury ● June 23, 2020
Retail sales spike 16.3% in May - the largest rise in 38 years Preliminary retail sales surged 16.3% in May, rising by $4.03 billion to $28.83 billion - the biggest monthly rise ever published in 38 years of data. By Emma Duffy ● June 19, 2020
Aussies spent big on coronavirus-driven home renovation boon before $25k HomeBuilder grant Australians were spending up big on home renovations and trades services before the $25k HomeBuilder grant was announced, new data shows. By Emma Duffy ● June 17, 2020
Amex offers $50 'creditback' for cardholders who shop small American Express has launched its Shop Small campaign today, which offers up to a $50 credit refund to cardholders who support small businesses. By Harrison Astbury ● June 15, 2020
Aussie shoppers abandoning cash in droves The latest Reserve Bank data shows a steep decline in the use and withdrawal of cash in April, at the height of fears over the coronavirus pandemic. By William Jolly ● June 09, 2020
Up Bank data shows how peak-isolation changed spending habits As we begin to move out of coronavirus restrictions, new data shows just how significantly our spending was affected at the peak of the shutdowns. By William Jolly ● June 02, 2020
Retail sales plummet 17.9% as retailers struggle during pandemic Australian retail turnover recorded its worst ever monthly fall plummeting nearly 18% in April in seasonally adjusted terms. By Emma Duffy ● May 20, 2020
Three quarters of Aussies financially stressed due to COVID-19 The panic created by COVID-19 has caused great deals of financial stress among Australians, with 77% saying they feel that way. By William Jolly ● May 14, 2020
Coronavirus drives record growth for retail sales in March Retail sales increased by a record 8.5% in March, as panic buying and online shopping spurred an enormous increase in consumer activity. By Emma Duffy ● May 06, 2020
Customer spending "may be past its lowest point", Commbank says Spending momentum in Australia has improved over the last couple of weeks, indicating the nation may be past the bottom of the COVID-19 spending trough. By William Jolly ● May 05, 2020