Australia Household Spending MoM

Household spending in Australia grew 1.3% mom in October 2025, picking up from an upwardly revised 0.3% gain in the prior month and marking the strongest pace since January 2024 amid improving consumer mood and early holiday-related purchases. Expenditures rebounded for alcoholic beverages (1.8% vs -0.6% in September), transport (0.3% vs -0.1%), and hotels & restaurants (2.2% vs -0.3%). Additionally, spending growth accelerated for food (0.9% vs. 0.6%), furnishings (3.0% vs. 0.7%), and miscellaneous items (1.6% vs. a flat reading). Meanwhile, spending slowed for health (0.4% vs 0.6%) and recreation (1.0% vs 1.1%). Geographically, New South Wales (1.6%), Queensland (1.5%), the Australian Capital Territory (-2.4%), Victoria (1.1%), Western Australia (1.1%), and South Australia (0.9%) posted gains, while spending edged down in Tasmania (-0.1%). On an annual basis, household spending rose 5.6%, faster than September’s 5.1% and pointing to the steepest growth since September 2023.