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",{"text":37,"type":28,"marks":38},"The result highlights the ongoing impact of cost-of-living pressures, with sentiment dipping to near multi-decade lows as households contend with rising cost-of-living and borrowing costs, pointing to a more cautious outlook for consumer spending in the months ahead.",[39],{"type":31,"attrs":40},{"color":33},{"type":22,"attrs":42,"content":43},{"textAlign":24},[44],{"text":45,"type":28,"marks":46},"For retailers, conditions remain among the most challenging in recent years. The June sentiment read sits close to the lows of the initial COVID-19 period. Unlike the COVID-19 period, when households benefited from the run-off of savings and government support, consumers are now facing sustained pressure from higher fuel, food, and borrowing costs directly impacting their propensity to spend on discretionary items. At the same time, retailers are contending with rising transport, freight and operating costs, creating pressure on margins.",[47],{"type":31,"attrs":48},{"color":33},{"type":22,"attrs":50,"content":51},{"textAlign":24},[52],{"text":53,"type":28,"marks":54},"The most recent ABS Household Spending indicator recorded a 1.1% decrease in April 2026, reversing the increase recorded March. 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