Via ANZ surveying, spending in Victoria fell 12% y/y for the week to 8 August
- This is the lowest result for the state since 5 May
- For Melbourne the result is even worse, 17% y/y
Other areas of the country that have handled the situation better have fared much more encouragingly:
- NSW +3% y/y
- Australia ex NSW & Vic up a stonking +17% y/y
