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Politics

Poppy Johnston

Stage three tax cut spending spree yet to surface

AFL NRL Stephen Halmarick Grand Finals Tax Cuts

Footy finals fever boosted spending in September but people mostly keep their wallets shut. (Steven Markham/AAP PHOTOS)

Tax cuts don't appear to be fuelling shopping sprees, with transaction data suggesting extra take-home pay is going towards staples and paying down debt.

Footy finals were the only bright spot in an otherwise glum September for spending, with recreation recording the only rise in a discretionary category over the month.

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