Australia Personal Spending Growth Eases

2026-01-12 00:41 By Farida Husna 1 min. read

Household spending in Australia rose 1.0% mom in November 2025, slowing from a marginally revised 1.4% growth in the prior month, which had marked the strongest gain in nearly two years.

The slowdown reflected cautious consumer behavior, as households felt the impact of elevated interest rates.

Expenditures moderated for food (0.7% vs 1.1% in October), furnishings (2.2% vs 3.0%), hotels & restaurants (1.2% vs 2.2%), and miscellaneous items (0.6% vs 1.6%).

Spending on alcoholic drinks fell 1.8%, after rising 1.9% previously.

In contrast, expenditures accelerated for health (0.5% vs 0.4%), transport (1.0% vs 0.4%), and recreation (1.7% vs 1.3%).

Regionally, spending eased in New South Wales (0.8%), Victoria (1.0%), Queensland (1.0%), South Australia (0.8%), and the Northern Territory (0.5%), but quickened in Western Australia (1.7%). On an annual basis, household spending grew 6.3%, accelerating from a 5.7% gain in October and marking the fastest rise since September 2023.



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