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Showing 1 - 10 of 406 results for %22Westpac-Melbourne Institute%22

Economic recap: Week to November 12

BENJAMIN ONG  |  MONDAY, 15 NOV 2021
... profitability, employment). Better, business confidence jumped by 11 points to a reading of +21 in October. This is backed by the Westpac-Melbourne Institute index of consumer sentiment update that showed the index improving to a reading of 105.3 in ...

Economic recap: Week to August 13

BENJAMIN ONG  |  MONDAY, 16 AUG 2021
... given the results of the more up-to-date consumer sentiment survey. Conducted in the week from 2 August to 7 August, the Westpac-Melbourne Institute index of consumer sentiment fell by 4.4% to a reading of 104.1 in August from 108.8 in July. This is ...

Economic recap: Week to July 16

BENJAMIN ONG  |  MONDAY, 19 JUL 2021
... with trading, profitability and employment recording sharp declines. But consumer confidence told a different story. The Westpac-Melbourne Institute index of consumer sentiment went up by 1.5% to 108.8 in July from 107.2 in June. This, despite the survey ...

Chief economist update: Australia on top

BENJAMIN ONG  |  THURSDAY, 3 JUN 2021
... businesses - big and small - have every reason to be confident because Australian consumers are confident and spending. The Westpac-Melbourne Institute index of consumer confidence remained elevated at a reading of 113.1 in May -- the second highest ...

Chief economist update: Victoria's victory against the virus voided

BENJAMIN ONG  |  FRIDAY, 28 MAY 2021
... seeping into other states. But Australia is now in a better place compared with the lockdowns of days past. Although the Westpac-Melbourne Institute index of consumer confidence dropped by 4.8% in May from April, the 113.1 reading is the second highest ...

Chief economist update: Confidently sustaining the recovery

BENJAMIN ONG  |  WEDNESDAY, 19 MAY 2021
... splurge announced in the 2021/22 budget on May 11. But as Ella Fitzgerald sings, "into each life some rain must fall". The Westpac-Melbourne Institute index of consumer confidence dropped by 4.8% in May from April. Then again, and as Westpac points out ...

Chief economist update: Australians all let us rejoice

BENJAMIN ONG  |  FRIDAY, 16 APR 2021
... confidence due to the labour market renaissance - suggests further improvement in business conditions and optimism. The Westpac-Melbourne Institute index of consumer confidence rose by 6.2% to a reading of 118.8 in March - the highest level since August ...

Chief economist update: Australia's confidence contagion

BENJAMIN ONG  |  WEDNESDAY, 14 APR 2021
... signals continued strength in conditions and confidence going forward. No worries too for the Australian consumer. The Westpac-Melbourne Institute index of consumer confidence rose by 6.2% to a reading of 118.8 in March - the highest level since August ...

Chief economist update: Confidence contagion

BENJAMIN ONG  |  THURSDAY, 11 MAR 2021
... businesses beget confident consumers (through the labour market), making the jump in consumer confidence hardly a surprise. The Westpac-Melbourne Institute index of consumer confidence rose by 2.6% to a reading of 111.8 in March, "just 0.2 points below ...

Chief economist update: Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 25 FEB 2021
... long-run average of +6 and despite lower than the +13 recorded in November last year, remains the highest in three years. The Westpac-Melbourne Institute index of consumer sentiment increased by 1.9% in February from 107.0 in January. Although it's ...
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