According to a survey in 2021, around 42 percent of people in Australia decreased their spending during the coronavirus pandemic. Among the respondents, around 31 percent of consumers belonging to Gen Z generation increased their spending during the pandemic which was the highest among all generations.
Share of consumer spending compared to pre-coronavirus levels in Australia as of January 2021, by generation
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CommBank. (May 24, 2021). Share of consumer spending compared to pre-coronavirus levels in Australia as of January 2021, by generation [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1260972/australia-share-of-consumer-spend-compared-to-pre-coronavirus-levels-by-generation/
CommBank. "Share of consumer spending compared to pre-coronavirus levels in Australia as of January 2021, by generation." Chart. May 24, 2021. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1260972/australia-share-of-consumer-spend-compared-to-pre-coronavirus-levels-by-generation/
CommBank. (2021). Share of consumer spending compared to pre-coronavirus levels in Australia as of January 2021, by generation. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1260972/australia-share-of-consumer-spend-compared-to-pre-coronavirus-levels-by-generation/
CommBank. "Share of Consumer Spending Compared to Pre-coronavirus Levels in Australia as of January 2021, by Generation." Statista, Statista Inc., 24 May 2021, https://www.statista.com/statistics/1260972/australia-share-of-consumer-spend-compared-to-pre-coronavirus-levels-by-generation/
CommBank, Share of consumer spending compared to pre-coronavirus levels in Australia as of January 2021, by generation Statista, https://www.statista.com/statistics/1260972/australia-share-of-consumer-spend-compared-to-pre-coronavirus-levels-by-generation/ (last visited August 25, 2024)
Share of consumer spending compared to pre-coronavirus levels in Australia as of January 2021, by generation [Graph], CommBank, May 24, 2021. [Online]. Available: https://www.statista.com/statistics/1260972/australia-share-of-consumer-spend-compared-to-pre-coronavirus-levels-by-generation/