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What you buy and what it says about the economy – Full Story podcast | What you buy and what it says about the economy – Full Story podcast |
(2 months later) | |
Whether it be our morning coffee or dining table or car loan, Australians are all making changes to their daily routine in response to rising expenses. Businesses such as coffee machine retailer Breville and the big two supermarkets are, consequently, doing very well. Premium furniture company Nick Scali, however, is reporting falling profits and car repossessions are slowly rising. So are these changes in spending a warning sign of an imminent recession? | |
Tamsin Rose and senior business reporter Jonathan Barrett track a day in the life of a cost-of-living crisis | Tamsin Rose and senior business reporter Jonathan Barrett track a day in the life of a cost-of-living crisis |
Read more: | |
What do Woolworths and Big W’s starkly different results tell us about competition problems? | |
From cars to coffee machines, here’s how spending habits are weathering the high cost of living | |
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