Australians have begun opening their wallets, with consumer confidence making a comeback amid positive economic signs. Consumers spent an average of nearly $200 more during the 2023 Black Friday and holiday season compared to the year before, according to online sales data from financial platform Airwallex. Online shopping, finance and insurance, and travel were the main drivers of spending growth, increasing by 3.9 per cent, 3.6 per cent and 7.6 per cent over the year. It seems like Australians have begun testing the spending waters after months of scrimping in the face of a cost of living crisis, Airwallex Australia and New…
