Article 6Q6ZE From cars to coffee machines, here’s how Australian spending habits are weathering the high cost of living

From cars to coffee machines, here’s how Australian spending habits are weathering the high cost of living

by
Jonathan Barrett Senior business reporter
from World news | The Guardian on (#6Q6ZE)

Retailers like Temple & Webster have slashed their pricing and tweaked their product range to lure gen Z and millennials - and it's working

Many Australian businesses are feeling the pinch as customers can no longer afford the armchairs, gadgets, clothing brands and new bathrooms they could before the cost of living shot up.

But spending patterns remain uneven, and at times counterintuitive, leading to a mixed corporate earnings season marked by subdued but not collapsing demand.

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