ANZ: Spending holding up despite virus outbreaks

The virus outbreaks across NSW and Victoria have failed to dampen spending according to new data from ANZ.

Total spending by ANZ cardholders increased by 6% in December over November, with spending by Victorian cardholders up almost 5% and spending in New South Wales up 2%. Spending by South Australian cardholders rose by 16%, while Queensland spending was up 10%.

Spending on entertainment was up almost 25%, while spending on accommodation was up 20%:

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