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Showing 11 - 20 of 602 results for "Melbourne Institute"

Chief economist update: Australia's confidence contagion

BENJAMIN ONG  |  WEDNESDAY, 14 APR 2021
... 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 2010 "when Australia's ...

Chief economist update: Confidence contagion

BENJAMIN ONG  |  THURSDAY, 11 MAR 2021
... 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 the December level which ...

Chief economist update: Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 25 FEB 2021
... 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 lower than the 10-year high ...

Chief economist update: The vaccine has landed

BENJAMIN ONG  |  MONDAY, 22 FEB 2021
No more tears, fears... and hopefully snap lockdowns. Today, 22 February 2021, will go down in Australian history as VAC (vaccine against covid-19) Day (although Australian Prime Minister Scott Morrison and Chief Medical Officer Paul Kelly and 84-year-old ...

Chief economist update: Australia's not jobless recovery

BENJAMIN ONG  |  FRIDAY, 19 FEB 2021
... itself, a measure of workers' optimism over their employment prospects. This is backed by the Westpac-Melbourne Institute index of consumer sentiment that showed "unemployment expectations" dropped by 3.8% over the month and by 15.0% from a year ...

To keep or not to keep JobKeeper

BENJAMIN ONG  |  MONDAY, 15 FEB 2021
... the March quarter 2021". Because of this, consumers and businesses are growing more confident. The Westpac-Melbourne Institute index of consumer sentiment increased by 1.9% in February from 107.0 in January. Confident consumers - with more money, more ...

Chief economist update: Money plus confidence

BENJAMIN ONG  |  THURSDAY, 11 FEB 2021
... three. Fiscal money, RBA money and confidence - both among Australian consumers and businesses. The Westpac-Melbourne Institute index of consumer sentiment increased by 1.9% in February from 107.0 in January. Although it's lower than the 10-year ...

Chief economist update: Confidence unlocks Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 10 DEC 2020
... activity. Not surprisingly both consumer and business confidence continued to go on the up and up. The Westpac-Melbourne Institute index of consumer surged to a reading of 112 in December - up by 4.1% from November's read, 48% higher than the low ...

Chief economist update: Australian wages slow but still grow

BENJAMIN ONG  |  THURSDAY, 19 NOV 2020
... still have money to spend and with the recovery in consumer sentiment, spend they will. The latest Westpac-Melbourne Institute Consumer Sentiment survey showed confidence rising by 2.5% to a reading of 107.7 points in November from 105.0 in the previous ...

Chief economist update: Money buys happiness

BENJAMIN ONG  |  THURSDAY, 15 OCT 2020
Happy consumer makes the economy grow stronger. The result of the latest Westpac-Melbourne Institute consumer sentiment survey disproves the aged-old adage that "money doesn't buy happiness". Australian consumer sentiment surged by 11.9% to a reading ...