Market Report, "Consumer Lifestyles in Australia", Published
Despite Australia's mining boom and growing exports to China, many consumers remain concerned about a number of broad economic and personal finance issues. Consumer concerns about the impact of what they see as a 'two-speed economy' on household budgets are affecting buying habits. Many are cutting back on spending in the short term, but it is expected that consumer attitudes (and spending) will improve as interest rates stabilise, unemployment holds steady and incomes continue to edge upwards.
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