Evolving Financial Habits: Insights from Commonwealth Bank’s 2024 Data
Reading Time: 3 minutesThe Commonwealth Bank (CBA), which boasts the largest pool of bank account data in Australia, has unveiled fascinating insights into how Australians’ earning, spending, and savings habits have evolved amid rising interest rates and inflation. As illustrated in the graph on the left, the average CBA household experienced an income growth of 5.0% over the […]