Aussie consumers are shopping conservatively and dodging debt according to latest growth statistics
The latest data shows that consumer discretionary spending has slowed to near molasses momentum. The Commonwealth Bank’s latest Business Sales Indicator (BSI) rose by 0.3 per cent in May, compared with the 0.4 per cent gain in April and 0.6 per cent rise in March. The BSI tracks the value of credit and debit card transactions…
