Finder App Insights Report: Retail and Essential Spending for June 2020
We crunch the numbers to unearth Australia’s retail and essential spending habits.
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Retail and essential spending is a good indicator of consumer confidence, which has become more relevant as we navigate the economic fallout of COVID-19. Over 6,000 Aussies have connected their bank accounts to the Finder app, so we've analysed the anonymised transaction data to produce a monthly report that outlines expenditure and the key trends driving retail and essential spending in Australia.
The Finder app is the first app of its kind in Australia that combines personal finance management with automated product comparison.
It's the next generation in comparison, making it easier to keep track of your money, while understanding where you stand when comparing your products.
Since the app was introduced in March 2020, over 6,000 Aussies have connected their bank accounts to the app.
The free Finder app provides a single-view of your finances and delivers automated savings insights straight to your phone across five key products: mortgages, credit cards, health insurance, savings and now broadband.
The new 'chance of approval feature' means you can find out how likely you are to be approved for a personal loan.
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