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Showing 21 - 30 of 435 results for "Consumer Sentiment"

Chief economist update: Australian wages slow but still grow

BENJAMIN ONG  |  THURSDAY, 19 NOV 2020
... Continued, albeit slowing growth in wages means that consumers 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 ...

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 ...

Effects of ERS not so bad: Grattan

ELIZA BAVIN  |  THURSDAY, 8 OCT 2020
... spoke of the government's broader fiscal stimulus and suggested the government should have focused more on consumer sentiment than business sentiment. "The government has really backed this idea of a private sector led recovery. You can see it on ...

Chief economist update: Australian pessimism eases

BENJAMIN ONG  |  THURSDAY, 10 SEP 2020
... Victorian government extended Melbourne's lockdown restriction s from September 13 to September 27. Australian consumer sentiment also improved but, like their business counterpart, it showed that pessimistic consumers still outnumber optimistic ...

Chief economist update: The wages of COVID-19

BENJAMIN ONG  |  THURSDAY, 13 AUG 2020
... "real" dollars to spend is negated by the renewed consumer pessimism. The Westpac-Melbourne Institute Index of Consumer Sentiment fell 9.5% to 79.5 in August from 87.9 in July-- close to the 75.6 reading recorded in April 2020 (the lowest in the survey's ...

Housing values continue to slide

ANNABELLE DICKSON  |  MONDAY, 3 AUG 2020
... the potential for renewed border closures and stricter social distancing polices are likely to further push consumer sentiment down. This is likely to weigh on both home buying and selling activity more broadly." The most expensive quartile of housing ...

Chief economist update: Flattening the rebound

BENJAMIN ONG  |  WEDNESDAY, 15 JUL 2020
... in these all is reflected in the re-sinking of consumer confidence. The Westpac-Melbourne Institute index of consumer sentiment fell by 6.1% to a reading of 87.9 in July, nearly reversing all of the previous month's 6.3% increase. As Westpac put ...

Chief economist update: Not easy easing restrictions

BENJAMIN ONG  |  TUESDAY, 14 JUL 2020
... back to work. Consumer confidence has also improved. The Conference Board and the University of Michigan's consumer sentiment index have risen sequentially in May and June from the seven-year lows plumbed in April. But as Powell warned in his testimony ...

Chief economist update: Australian Renaissance

BENJAMIN ONG  |  MONDAY, 15 JUN 2020
... interaction as well as lockdown controls on business operations played a great role in reviving business and consumer sentiment....and I think to myself, what a wonderful world. But as the OECD warns: "Prospects for businesses, particularly small firms ...

Chief economist update: Pay cut or pay not?

BENJAMIN ONG  |  FRIDAY, 15 MAY 2020
... confidence index rebounded to a reading of -46 in April from -65 in March; the Westpac/Melbourne Institute Index of Consumer Sentiment jumped by 16.4% to 88.1 in May from April's 75.6 reading. The consumer sentiment survey also showed that consumers' ...