Search Results | Showing 11 - 20 of 163 results for "Household spending" |
| | | ... income, driven by an increase in income received by households and the introduction of stage 3 tax cuts, outpaced household spending. The ABS said this resulted in notable growth in transferable deposit balances particularly in mortgage offset accounts. ... |
| | | | ... extract key insights into the Australian economy on a regular and consistent basis. He developed the CommBank's Household Spending Insights (HSI) Index and oversaw the growth of the bank's sustainable economics research to support customers with insights ... |
| | | | ... benefits to households was lower, including NDIS and Aged care, compared to recent quarters," Keenan said. Household spending was flat in the September quarter following a fall of 0.3% in June. The largest detractor from growth was electricity and gas ... |
| | | | ... the end of June 2024, representing 0.63% of total committed exposures. This comes as CBA also released its Household Spending Insights (HSI) Index which showed an increase of 0.8% to 152.5 in October. The strength in spending on household goods was driven ... |
| | | | The Commonwealth Bank's (CBA) Household Spending Insights (HSI) index fell 0.7% month on month in September, in seasonally adjusted terms, following a gain in August of 1.6%. The fall in September was in line with expectations, CBA chief economist Stephen ... |
| | | | ... private sector industries has essentially stalled, and business insolvencies have recently hit record highs." Household spending fell 0.2% detracting 0.1 percentage points from GDP growth. Meanwhile, total investment fell 0.1% in the June quarter. In ... |
| | | | ... horizon, with many believing the US central bank will need to cut rates. In Australia, the monthly CommBank Household Spending Insights (HIS) Index, Commonwealth Bank (CBA) revealed household spending in July was flat (unchanged at 148.2), indicating ... |
| | | | ... households were the most impacted by rising mortgage payments, which formed a significant portion of their household spending. "Mortgage interest charges rose 2.6% in the June 2024 quarter driven by the continued rollover of some expired fixed rate mortgages ... |
| | | | ... estimates suggest that the 4% hike in the cash rate target since May 2022 is projected to diminish overall household spending by approximately 0.4% - 0.8% annually, attributed primarily to the cash-flow channel. However, interest rate changes also affect ... |
| | | | ... decisions, the board will continue to pay close attention to developments in the global economy, trends in household spending, and the outlook for inflation and the labour market." The decision was no surprise to most economists who predicted the hold ... |
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