To spend or not to spend?

15 March 2017

 

Australian households are concerned about their finances as weak wages and salary growth lead to a juggling act between spending and saving or reducing household debt. The Westpac-Melbourne Institute consumer sentiment index barely rose in February, recording a 0.1 increase to 99.7. Any reading below 100 indicates the number of consumers who are pessimistic is more than the number of consumers who are optimistic. Westpac chief economist Bill Evans was...

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