What is in the Australia household spending indicator
The ABS builds it from aggregated, de-identified card and bank transactions, with supermarket scanner data and new vehicle sales added. It records spending at the moment of the transaction, in every industry that sells to households, not only in shops.
It covers around 60% of household consumption as the national accounts count it. The retail survey it replaced covered about a third.
Spending is split into nine categories, such as food, transport, health, and hotels, cafes and restaurants. It is also split into goods and services, and into discretionary and non-discretionary spending, with figures for each state and territory.
Why household spending moves the Australian dollar
Higher rates work in large part by making households spend less. This indicator is the first broad monthly check on whether that is happening.
Spending that keeps beating the forecast suggests demand is still strong. That argues for a higher cash rate and tends to lift the Aussie. Weak spending argues the other way.
How to read the household spending figure against the forecast
The monthly headline is in current prices, so it includes inflation. A rise in a month when prices rose by the same amount means households did not buy more.
Look at discretionary spending, the part households can put off. It shows best how households respond to rates and to their own confidence.
Many calendars still list this release as retail sales. Its figures are not comparable with the old retail series, because the coverage and the method are different. The ABS says revisions are usually small, within 0.1 percentage points.
What the Australian dollar did on the last release days
Measured on our own prices: the Australian dollar against the basket of the eight majors, from the London opening before the release to the one after it, so the release sits inside the window. Anything else that came out between those two openings is in it too, so a day with more news says less about this release alone.
| Release | Amsterdam | Measured | AUD vs basket |
|---|---|---|---|
| 29 Sept 2026 | 03:30 | 28 Sept to 29 Sept | -0.21% |
For scale: on an ordinary day the Australian dollar moves 0.22% against the basket from one London opening to the next, either way, on average over the 250 trading days since 14 Oct 2025.
The forecast, the figure itself and what it changed in our view of the currency are in the app, next to the research.