Australian real-time consumer spending
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This weekly consumer spending tracker has been developed in collaboration between e61, Accenture and leading credit bureau illion. It is based on customer-consented anonymised bank transaction data from hundreds of thousands of Australian customers each week, used by illion to undertake research, analysis and product development.
The spend tracker measures average spending for each week, relative to average weekly spending in January 2020. Observations are for week ending Sunday. Data is sample weighted to ensure it is representative of Australian consumers.
"Peak stimulus" corresponds to the date of the second superannuation withdrawal scheme starting. At this point the $550 per fortnight Coronavirus supplement was also still in effect.
The spend tracker is updated on the 22nd day of every month and is subject to revisions.
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