Christmas cheer in short supply as latest hike bites

Adrian Rollins
Updated November 14 2023 - 5:28pm, first published 10:44am

Almost half of households plan to spend less on Christmas gifts this year after the November interest rate hike and fears of further financial pain delivered a hefty blow to consumer confidence.

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Adrian Rollins

Adrian Rollins

Journalist

Adrian Rollins is economics correspondent for the Canberra Times