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Australian spending recovery stalls

June 30, 2020 - 11:40 -- Admin

Via Shano today: CBA household credit & debit card spend suggests the gentle upswing in spending has paused and is now tracking broadly sideways when we smooth out the week to week volatility. Total spend is up 4.5% for the week ending 26 June compared to a year earlier. #ausbiz #ausecon #commsec pic.twitter.com/VNVv9aomGB — CommSec

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