Spending increase suggests households starting to feel more confident about economy

After being squeezed by cost of living pressures for months on end, there are early signs cash-strapped households are starting to feel slightly more confident about the economy.

According to Westpac's Card Tracker Index, which tracks millions of card transactions processed by the bank every day, households took advantage of this year's Black Friday sales.

Know More: https://www.abc.net.au/news/2024-12-06/household-spending-increase-black-friday-tax-cuts-economy/104687870