MELBOURNE CBD SPENDING SHIFTS TOWARD HOSPITALITY

Melbourne’s CBD is becoming increasingly driven by hospitality, with pubs, cafés and restaurants taking a larger share of consumer spending despite an overall decline in physical retail and hospitality activity. New analysis from data and technology company Experian found that

FUN FALLS YEAR-ON-YEAR: ABS

Data from the ABS and NIQ finds Australians are spending less on events, accommodation and food, as inflation and tax hikes raise prices and hit sales in Australia’s pubs and bars. Official numbers last week from the Australian Bureau of