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Showing 131 - 140 of 270 results for "Australian Consumer"

MYEFO: Surplus of promises

BENJAMIN ONG  |  TUESDAY, 20 DEC 2016
... Swan's single-minded commitment to get the budget back into surplus further weakened domestic fundamentals. Australian consumer confidence dropped from a reading of around 120 in early 2010 to 89.6 in late 2011 as the unemployment rate rose from a low ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 16 DEC 2016
... continuing the deceleration in jobs growth since it peaked an annual rate of 3.0% in the same month last year. Australian consumer confidence The Westpac/Mebourne Institute consumer confidence index declined for a second month in December, down 3.9% ...

The rise of the robo-adviser

DARREN SNYDER  |  WEDNESDAY, 30 NOV 2016
... robo-advice and becoming clients. About 20% of its clients are aged 45 and over. Investment Trends highlights that Australian consumer awareness is growing quickly with more than a quarter (27%) of online investors aware of robo-advice, about 50% more ...

Banking inquiry becomes Royal Commission alternative

KERRIE SYDEE  |  WEDNESDAY, 30 NOV 2016
The Federal Opposition has established a Senate inquiry to investigate cases of wrongdoing in the banking and financial services industry. The Senate voted 40 to 25 in favour of establishing the inquiry, which will also examine existing legislative ...

CBA partners to capitalise on Chinese tourism

JAMIE WILLIAMSON  |  TUESDAY, 1 NOV 2016
The Commonwealth Bank of Australia has teamed up with a leading mobile and online payment platform to provide payment solutions to Australian and Chinese consumers and retailers. CBA has signed a memorandum of understanding with Alipay, operated by ...

Survey reveals little faith in bank advice

MARK SMITH  |  THURSDAY, 22 SEP 2016
Only one in five Australian consumers have faith that traditional retail banks will give them unbiased advice and put their interests first. That's one of the key findings from a recent global survey of 55,000 consumers across 32 countries - including ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 15 SEP 2016
Australian consumer sentiment Although marginal and less than market expectations, the 0.3% increase in the Westpac/Melbourne Institute index of consumer sentiment to 101.4 in September from 101.0 in the previous month indicates that optimists continue ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 11 AUG 2016
Australian consumer confidence The Westpac-Melbourne Institute consumer sentiment index rebounded by 2.0% in August after declining by 3.0% in July. More importantly, at a reading of 101.4, optimists outnumbered pessimists this month. Not surprisingly ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 14 JUL 2016
... after 'Brexit' and amidst the then still inconclusive Australian Federal elections - it's not surprising that Australian consumer sentiment declined in July, what was surprising was that it only fell modestly. The Westpac-Melbourne Institute consumer ...

Consumers turning to the internet for advice

KERRIE SYDEE  |  FRIDAY, 10 JUN 2016
Australian consumers are increasingly turning to the internet for financial advice on life insurance, signalling a need for the industry to respond to rapidly changing consumer demands. CANSTAR's latest Direct Life Insurance Star Ratings report found ...