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Media Release

Australian Open hits up customer spending ace

2025-02-17 00:00

The 2025 Australian Open served up a boost to consumer spending in Melbourne’s events precinct, according to analysis of ANZ customer spending data1.

The data shows an increase in spending on travel, including public transport and accomodation, food and drink, including fast food and bars and clubs, during the 2025 Australian Open period.

ANZ analysed customer spending in suburbs close to Melbourne Park, including Melbourne’s CBD, Richmond, East Melbourne, St Kilda, Docklands, Southbank, Fitzroy and Collingwood during the 2025 Australian Open period.

SPENDING IN SURROUNDING SUBURBS2 – ANZ CUSTOMER DATA

FOOD & DRINK

  • Spending on the food and drink category peaked at $1,300,000 during the 2025 Australian Open period, increasing from the annual median of $625,000.
  • Spending in the subcategory of fast food topped $87,000 over the 2025 period, up from the annual median of $63,000.
  • Spending in the subcategory of bars and clubs reached $367,000 during the 2025 period, rising above the annual median of $169,000.

TRAVEL

  • Spending on travel in surrounding postcodes reached a peak of $1,390,000 over the 2025 period, with annual median spending in this category topping $674,000.
  • Spending in the accommodation subcategory hit almost $665,000 during the 2024 tournament period, compared to the annual median spend of $74,000.
  • Public transport spending topped $526,000 over the 2025 Australian Open period, above the annual median spend of $403,000.
  • Total customer expenditure on car parking peaked at almost $29,000, an increase on the annual median spend of $21,000.

ANZ Senior Economist Adelaide Timbrell said: “Levels of consumer spending can temporarily rise during one-off events. And more broadly, households have started spending more on discretionary purchases, with retail sales adjusted for inflation rising on a per person basis for the first time since 2022.

“Precincts in the vicinity of major sporting and cultural events can benefit from increased consumer demand as spending broadens to include related goods and services. The persistently low unemployment rate and the recent rise in consumer confidence also supports appetite for spending,” said Timbrell. 

Australian Open Tournament Director Craig Tiley said: “The Australian Open isn’t just a world-class sporting event — it’s a powerhouse for Melbourne’s economy. Every year, fans from across Australia and around the globe pour into the city, filling hotels, dining in restaurants, shopping in stores, and bringing an incredible energy to local businesses.

“The AO’s impact extends well beyond the courts, injecting millions into the tourism, hospitality, and retail sectors, and helping Melbourne thrive. This ongoing economic boost is vital, ensuring the tournament continues to grow while supporting the businesses that make this city so special.”

1ANZ customers who made a transaction with Tennis Australia during January 2024 in any of the below postcodes.

2Refers to postcodes 3000, 3002, 3004, 3006, 3121, 3065 & 3066.

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Will Watson

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Tel: +61 403 878 269

 

Disclaimer: This media release is published by Australia and New Zealand Banking Group Limited ABN 11 005 357 522 (“ANZBGL”) in Australia. It is not published with the intention of providing any direct or indirect recommendations relating to any financial product, asset class or trading strategy. The information in this publication is not intended to influence any person to make a decision in relation to a financial product or class of financial products. It is general in nature and does not take account of the circumstances of any individual or class of individuals. Nothing in this publication constitutes a recommendation, solicitation or offer by ANZBGL or its branches or subsidiaries (collectively “ANZ”) to you to acquire a product or service, or an offer by ANZ to provide you with other products or services. All information contained in this publication is based on information available at the time of publication. While this publication has been prepared in good faith, no representation, warranty, assurance or undertaking is or will be made, and no responsibility or liability is or will be accepted by ANZ in relation to the accuracy or completeness of this publication or the use of information contained in this publication. ANZ does not provide any financial, investment, legal or taxation advice in connection with this publication.

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Australian Open hits up customer spending ace
2025-02-17
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