Spending in the Coorong grew 13.5% for the first quarter of 2018, according to the National Australia Bank Quarterly Customer Spending Trends – placing the Coorong the 6th highest of any regional local government area in Australia.
The average monthly spend during this period in regional South Australia was $1,860, up from $1,711 in the same period in 2017. The strongest growth in regional South Australian spending was in wholesale trade rental (68.3%) hiring and real estate services (35.3%) financial and insurance services (27.0%) electricity, gas, water and waste services (18.7%) and accommodation and food services (15.2%) during the 12 months to the first quarter of 2018.
Interestingly Coonalpyn is listed in the top 20 postcodes by spending growth in Regional SA.
More great news for our region – it’s all happening in the Coorong.