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Showing 21 - 30 of 596 results for "consumer spending"

RBA hints another rate rise could be on the cards

ELIZA BAVIN  |  WEDNESDAY, 22 MAY 2024
... caused the rate hike discussion. Although the minutes noted the stronger data was all non-consumer related with consumer spending data signalling ongoing weakness." The RBA minutes said while some believed inflation would come down, it was too early ...

Value versus growth: Market expectations in 2024

ANDREW MCKEAN  |  THURSDAY, 16 MAY 2024
... than expected. This stability might persist for a while longer, though there could eventually be a point where consumer spending slows down, and the impact of infrastructure investments begins to show, albeit with long and variable lags. He added that ...

Economists react to latest RBA rate decision

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024
... inflation, the slowing in demand and employment growth, signs that wages growth has peaked and particularly weak consumer spending. RBA governor Michele Bullock also indicated that the RBA wasn't too concerned about the additional large wage rises ...

BT signposts key issues for advisers in 2024

ANDREW MCKEAN  |  THURSDAY, 14 DEC 2023
... property into SMSFs will be top of mind for advisers and their clients, with high inflation rates and reduced consumer spending in some sectors are biting into the revenues of small businesses - prompting business owners to ease cash flow for their business ...

Inflation still too sticky: Report

CHLOE WALKER  |  MONDAY, 13 NOV 2023
... moving along the same trajectory of seeing some slowdown, and housing markets stresses are starting to show up. Consumer spending is also softening out." Goh said at an asset class level, underweighting equities and being a bit more conservative on equity ...

Australia vulnerable to further shocks: RBA

CASSANDRA BALDINI  |  MONDAY, 9 OCT 2023
... remain a key risk for business profitability and debt servicing. Businesses that are exposed to discretionary consumer spending or that cannot reduce costs quickly when revenues fall will likely face significant declines in profits. Pressures on profits ...

RBA holds cash rate at 4.1%

CASSANDRA BALDINI  |  WEDNESDAY, 6 SEP 2023
... the labour market." The decision was no surprise to most economists who predicted the hold following a drop in consumer spending and the ease of inflation. Speaking to Financial Standard, independent economist Nicki Hutley affirmed she is 99% certain ...

Federal Reserve raises interest rates to a 22-year high

CASSANDRA BALDINI  |  THURSDAY, 27 JUL 2023
... determining the extent of additional policy firming that may be appropriate. According to Powell, growth in consumer spending appeared to have slowed from earlier in the year but the labour market remained very tight. "Over the past three months, job ...

Recession risk is receding: Natixis IM

CHLOE WALKER  |  WEDNESDAY, 26 JUL 2023
... aren't through the woods yet," Natixis IM head of global market strategy Mabrouk Chetouane said. "Strong consumer spending, inflated cost of services, and geopolitical tensions may keep inflation lingering for longer which will result in higher rates ...

Australian inflation downturn on the horizon: AMP

ANDREW MCKEAN  |  THURSDAY, 13 JUL 2023
... inflation problems. Also, the fact that consumers still have too much excess savings, is leading to excessive consumer spending, suggesting that the Reserve Bank of Australia (RBA) probably needs to hike rates again," Mousina said. Australia's labour ...