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All spending categories are now in contractionary territory – that is, below 100 per cent – aside from non-discretionary spending, or essentials.
Source: https://citynews.com.au/2023/pandemic-level-growth-rates-focus-economic-ills/
From a longer-term perspective, the company has been actively focused on transforming its business into a less cyclical and non-discretionary one by shifting its product portfolio mix to consumer durables.