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Showing 21 - 30 of 317 results for "Business confidence"

To keep or not to keep JobKeeper

BENJAMIN ONG  |  MONDAY, 15 FEB 2021
... and more wealth - owing to rising share and property prices -- are spending consumers that, in turn, lifts business confidence. The NAB business confidence index jumped by five percentage points to a reading of +10 in January - above its long-run average ...

Chief economist update: Money plus confidence

BENJAMIN ONG  |  THURSDAY, 11 FEB 2021
... consumers. This makes it hardly surprising that Australian businesses have also become more confident. The NAB business confidence index jumped by five percentage points to a reading of +10 in January - above its long-run average of +6 and despite lower ...

Boards suffer from disconnect between risk, strategy

ELIZA BAVIN  |  WEDNESDAY, 20 JAN 2021
... objectives if there was a stronger alignment between strategy and risk appetite. Deloitte said that while business confidence is at pre-crisis heights, there are justified concerns that Australian businesses are not backing themselves and taking the ...

Chief economist update: Confidence unlocks Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 10 DEC 2020
... virtually zero cases and with that, the resumption of economic 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 ...

Chief economist update: Australia is out

BENJAMIN ONG  |  THURSDAY, 3 DEC 2020
... October continue, boosting consumer confidence and even more spending that, in turn, lifts already improving business confidence and profits, prompting increased investment in building and structures, equipment and staff. The sharp 6.5% increase in imports ...

Chief economist update: Letter V going viral in Australia

BENJAMIN ONG  |  WEDNESDAY, 11 NOV 2020
... pun). It was most recently seen in the NAB Business Survey for October, underscored by the sharp rebound in business confidence and business conditions. Australian business confidence jumped to a reading of +5 in October - the highest level since May ...

Chief economist update: China's vote for US president

BENJAMIN ONG  |  THURSDAY, 5 NOV 2020
... and the strongest since January 2011 - as total new orders expanded at their sharpest rate in a decade and business confidence surged to their highest levels since August 2014. The Caixin China general services PMI increased from 54.8 in September to ...

Chief economist update: Budget me this Batman

BENJAMIN ONG  |  MONDAY, 12 OCT 2020
... the Morrison government's "Homebuilder" programme. The latest NAB business survey showed that Australian business confidence improved but remains where the net balance of responses show pessimists continue to outnumber optimists -- minus four in ...

Government declares record deficit, super reforms

JAMIE WILLIAMSON  |  TUESDAY, 6 OCT 2020
... works better for you," Frydenberg said. All said; the Morrison government is focused on boosting consumer and business confidence, and growing the economy through spending and the creation of jobs. Australia's economy is forecast to fall by 3.75% ...

Chief economist update: Australian pessimism eases

BENJAMIN ONG  |  THURSDAY, 10 SEP 2020
... season, latest surveys showed both business and consumer confidence in Australia springing back up. The NAB business confidence index improved to a reading of -8 points in August from -14 in the previous month. The August figure is even more spectacular ...