[ GOOD NEWS ]This is not a prediction or speculation.Actual Data...

[ GOOD NEWS ]

This is not a prediction or speculation.

Actual Data from CBA ( 16 / 01 / 2021 )

Commonwealth Bank (CBA) credit & debit card spending: According to the Commonwealth Bank (CBA),

credit and debit card spending in the week to January 8 lifted by 13.1 per cent on a year ago

(previously:+14.0 per cent). Spending on services rose by 1.5 per cent from a year ago (previously: -4.1 per cent).

Andthe annual growth rate of goods spending climbed 24.4 per cent (previously: +29.4 per cent).

The consumer confidence and card spending figures have implications for retailers, and other consumer-focussed businesses