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Showing 31 - 40 of 317 results for "Business confidence"

Household debt a major risk: RBA

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
... after two months of growth while employment contracted at a steeper rate. Inflationary pressures intensified. Business confidence weakened slightly, but remained positive overall. CBA's head of Australian economics Gareth Aird said: "The decline in business ...

Chief economist update: Forecasting is futile

BENJAMIN ONG  |  WEDNESDAY, 12 AUG 2020
Be afraid... The National Australia Bank's (NAB) business confidence index dropped to a reading of -14 in July from zero in the previous month. "Confidence fell in all industries led by mining which saw a sharp decline. With the exception of retail ...

Chief economist update: Flattening the rebound

BENJAMIN ONG  |  WEDNESDAY, 15 JUL 2020
... components: trading (-7 in June from -19 in May); profitability (-8 from -19); employment (-11 from -31). Australian business confidence brighten much brighter, rising by 21 points to +1 index points - the third consecutive month of improvement after ...

Chief economist update: Australian Renaissance

BENJAMIN ONG  |  MONDAY, 15 JUN 2020
... business and consumer confidence substantiates the OECD's projections. The NAB Business Survey showed that business confidence has steadily improved from -65 in March to -45 in April to -20 in May. Similarly, consumer confidence advanced from a reading ...

Is a market turning point around the corner?

HARRISON WORLEY  |  WEDNESDAY, 10 JUN 2020
... seen during the dot-com bubble," Mitchell said. "With acceleration in technological disruption and hits to business confidence, it's no surprise that today, lower multiple losers are characterised by the more economically sensitive or cyclical parts ...

Chief economist update: Pay cut or pay not?

BENJAMIN ONG  |  FRIDAY, 15 MAY 2020
... also help. This is reflected in the recent sharp improvement in business and consumer confidence -- the NAB business confidence index rebounded to a reading of -46 in April from -65 in March; the Westpac/Melbourne Institute Index of Consumer Sentiment ...

Chief economist update: The outlook for Australia, according to COVID-19

BENJAMIN ONG  |  WEDNESDAY, 6 MAY 2020
... hand, if the lifting of restrictions is delayed or the restrictions need to be reimposed or household and business confidence remains low, the outcomes would be even more challenging than those in the baseline scenario." That, Reserve Bank of Australia ...

Chief economist update: Turns out Brexit was heaven

BENJAMIN ONG  |  FRIDAY, 24 APR 2020
... and the significant loosening of monetary policy by many central banks over the past year," he said. "Global business confidence and other manufacturing indicators have generally picked up. Domestically, near-term uncertainties facing businesses and ...

Chief economist update: Surveys say...

BENJAMIN ONG  |  FRIDAY, 17 APR 2020
... latest NAB Business Survey points to the same thing and as if the virus has eaten the floor from underneath business confidence and condition. Business confidence plunged to a record low minus 66 in March from minus 4 in the previous month. Business ...

Chief economist update: BOK holds as infections ease

BENJAMIN ONG  |  TUESDAY, 14 APR 2020
... Sentiment Index dropped to an 11-year low reading of 78.4 in March from 96.9 in February and 104.2 in January. Business confidence has also fallen to its lowest level since the GFC to 56 in March from 65 in February and 76 in January. As such, the BOK ...