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Spending intentions increase for education, fitness & health
The latest Commonwealth Bank Household Spending Intentions data has revealed increases in health & fitness and education spending in June 2021 in comparison to June last year.
This increased spending reflects a greater consumer focus on wellbeing activities resulting from COVID-19. The biggest health spending increases were in doctors, hospitals, medical labs, nursing & personal care, orthopaedic, osteopaths and podiatrists. Fitness spending increases were also seen in commercial and professional sports and club memberships.
The number of education related transactions was also up, with the largest increase in the value of these transactions seen in elementary and secondary schools. This reflects both an increase in education fees, along with a greater number of children enrolled in fee paying schools. ....

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