Aussies 'not afraid to spend money on dining out'

By Mozo ·

Australians have had to tighten their belts in recent months due to the ongoing economic uncertainty around the globe, but new figures have suggested that people down under are still more than happy to spend money on dining out.

According to the Australian Bureau of Statistics, overall retail turnover across the country grew by 0.3 per cent in January 2012, following a drop of 0.1 per cent in December 2011.

The majority of this improvement, the organisation noted, was down to the food sector, specifically restaurants, cafes and catering services.

Indeed, the number of Aussies using their credit cards to pay for meals and drinks grew by 6.6 per cent during the month.

The Courier-Mail recently reported that Queenslanders have been feeling the pinch particularly badly recently, with president of the Queensland Council of Social Service Karyn Walsh suggesting that many adults had been forced to raid their children's savings accounts in order to make ends meet.

However, the ABS figures showed that Queensland was the largest contributor to the rise in retail activity in January, with levels of spending in the state increasing by 1.7 per cent.

Have a question about credit cards? Ask the money gurus at Mozo Answers.ADNFCR-1761-ID-801307364-ADNFCR