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Showing 21 - 30 of 440 results for "Consumer Sentiment"

Chief economist update: Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 25 FEB 2021
... 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 reading of 112.0 registered ...

Chief economist update: Australia's not jobless recovery

BENJAMIN ONG  |  FRIDAY, 19 FEB 2021
... 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 ago to 114.5 points in ...

To keep or not to keep JobKeeper

BENJAMIN ONG  |  MONDAY, 15 FEB 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 savings and more wealth ...

Chief economist update: Money plus confidence

BENJAMIN ONG  |  THURSDAY, 11 FEB 2021
... 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 high reading of 112.0 registered ...

Real estate proves resilience: CoreLogic

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
... this volatility also tends to see a rapid recovery in the wake of lower mortgage rates and an improvement in consumer sentiment. "Perhaps even more surprising is that some of the suburbs more impacted by the pandemic are represented in this edition of ...

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 ...