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Australian Household Spending Up 0.8% as RBA Holds Rates

8/4/2026

50 4 Full Breakdown

Summary

Story summary

Household spending in Australia rose 0.8% in June to A$81.3 billion, the ABS said.
Transport spending grew 3.0% as electric or hybrid vehicles accounted for half of new sales from April to June.
Air-travel spending returned to pre-conflict levels as consumers bought cheaper fuel, driving a 7.8% rise in fuel outlays.
Reserve Bank of Australia will hold cash rate steady at its August 10-11 meeting after three hikes to 4.35%.

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Story summary

Household spending in Australia rose 0.8% in June to A$81.3 billion, the ABS said.
Transport spending grew 3.0% as electric or hybrid vehicles accounted for half of new sales from April to June.
Air-travel spending returned to pre-conflict levels as consumers bought cheaper fuel, driving a 7.8% rise in fuel outlays.
Reserve Bank of Australia will hold cash rate steady at its August 10-11 meeting after three hikes to 4.35%.