Flash | 03 Aug 2026 22:51:29 ET │ 8 pages Australia Economics Strong household spending in Q2 suggests MP isn't that restrictive after all CITI'S TAKE Robust Australian household spending suggests the current monetary policy setting is not as restrictive as the RBA believes. A surprise 0.8% jump in June spending, led by discretionary goods, has pushed yearly growth to a very strong 6.0%. Negative wealth effects from the easing housing market have failed to materialize, with households instead drawing on inc ...