Elizabeth Re for your Community

Bankwest’s data also showed West Australians are spending more on utilities — which incorporates energy, water, phone plans, streaming services and other digital subscriptions — compared with last year.

The average transaction value for utilities increased by 14 per cent year-on-year — the most significant rise among all categories, reflecting elevated billing and subscription expenses.

Gen X led the surge, with total spending rocketing 14 per cent more on utilities than a year ago — and about 16 per cent more for each transaction year-on-year. Baby boomers, though more cautious, still logged a 14 per cent spending increase and a 13 per cent rise in average spend.

Gen Z the big spenders as rival generations tighten belts WA’s gen Zers are cementing their position as the powerhouse generation when it comes to spending, outpacing their older rivals who are further tightening their belts amid the lingering cost-of-living squeeze.

Friday 7th November Gloucester Park