Good afternoon and welcome to Midweek Mayhem. Our middle-of-the-week chit-chat thread.
As Joni has alluded to earlier, reports are coming in that Australians spent a record $19.3 billion in March, coinciding with the Government’s stimulus cash handouts.
Figures released by the Australian Bureau of Statistics indicate that retail trade at current prices rose by 2.2 per cent in March to a seasonally adjusted $19.3 billion. This was well above the market expectations of just a 0.5 per cent increase.
By all accounts, the media and economists are overwhelmingly attributing the increase in consumer spending to the Government’s stimulus handouts.
Now what was it that Malcolm Turnbull was saying the other day about the majority of Australians saving the cash handout rather than spending it?
In other news, Wolverine has opened to crap reviews but this hasn’t prevented Hugh Jackman from making a motza at the box office. Send some of it my way Hughie baby..!
Now I know that everyone here would have been watching the Logies with baited breath so feel free to elaborate on any lasting impressions…
Today’s youtube clip is an absolute classic which you simply must watch – even if you’ve seen it already.
Go on, watch it…