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#Commonwealth Bank Business Sales Indicator Bsi

Economy

Spending growth at highest level in six years

Consumer confidence is on the rise, with spending rising for the third straight month in May, according to the latest Commonwealth Bank Business Sales Indicator (BSI).

Gina Baldassarre · 2 min
Economy

Spending up a solid 2.5 percent in June

Economy-wide spending enjoyed a solid gain in June, according to the latest Commonwealth Bank Business Sales Indicator (BSI), suggesting consumers are slowly becoming less tentative about parting with their cash.

Lorna Brett · 2 min
Economy

Spending growth is slowing, according to key indicator

Spending rose across the economy in April, according to the latest Commonwealth Bank Business Sales Indicator (BSI), though it appears business sales growth may be slowing as a result of declining consumer confidence.

Lorna Brett · 2 min