#ConsumerSpendIng

Australian bonds may find longer-term support after an initial selloff, while consumer-linked shares may come under pressure following tax changes unveiled in the fiscal 2027 budget, analysts said.

Transportation and communications made up the biggest drag on spending in March, while food, utilities and clothing also weighed on the figure.

China’s marriage registrations in the first quarter fell to the lowest level on record for the three-month period, underscoring persistent weakness in the formation of new households — even during the peak wedding season.

From Nypost RSS Feed: Consumer confidence plummeted to record low this month, study reveals — though spending shows a glimmer of hope