Impact of COVID-19 Across Spending Categories

by AFIA

Associate Member, Illion, one of Australia’s leading credit bureau, has teamed up with economists at AlphaBeta to report weekly data on the impact of COVID19 on the Australian economy.

This session covered:

• shifts in consumer discretionary and essential spending habits
• consumer spending habits across shutdown-affected categories
• the impact of the Government Stimulus on consumer spending
• changes to consumer credit volumes (applications)
• business failure rates.

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