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Showing 31 - 40 of 646 results for "Consumer confidence"

Tax agent banned for dishonesty

ANNABELLE DICKSON  |  FRIDAY, 10 SEP 2021
... said. "Over 88% of consumers have high levels of trust in their tax practitioners - we need to protect this consumer confidence, especially at this time of the year when people's tax affairs are often at the forefront. If you know someone doing the wrong ...

Economic recap: Week to August 13

BENJAMIN ONG  |  MONDAY, 16 AUG 2021
... decide how deep the contraction will be. The lockdowns have already taken a significant toll on business and consumer confidence. The latest NAB Business Survey shows that both business confidence and conditions plunged in the month of July. Australian ...

Economic recap: Week to July 16

BENJAMIN ONG  |  MONDAY, 19 JUL 2021
... reading of +24 in June from +36 in May, with trading, profitability and employment recording sharp declines. But consumer confidence told a different story. The Westpac-Melbourne Institute index of consumer sentiment went up by 1.5% to 108.8 in July ...

Chief economist update: Delta variant infects Australian economy

BENJAMIN ONG  |  TUESDAY, 29 JUN 2021
... 2020 when lockdowns started. Record or near-record high business conditions and confidence and above-average consumer confidence readings point that Australia's good fortune will continue rolling. That was before the Delta variant broke out and now ...

Chief economist update: It's raining jobs

BENJAMIN ONG  |  FRIDAY, 18 JUN 2021
... April to a record high reading of 25 in May. Not only that, despite the recent lockdown in Melbourne denting consumer confidence in June, the reading of 107.2 remains well-above its long-term average of 101.4 and is 14.5% higher than it was a year earlier. ...

Chief economist update: Australia on top

BENJAMIN ONG  |  THURSDAY, 3 JUN 2021
... confident because Australian consumers are confident and spending. The Westpac-Melbourne Institute index of consumer confidence remained elevated at a reading of 113.1 in May -- the second highest print for the Index since April 2010. One that augurs ...

Chief economist update: The UK's going OK

BENJAMIN ONG  |  MONDAY, 31 MAY 2021
... 1998. According to Markit: "Survey respondents widely commented on a post-lockdown bounce in business and consumer confidence, alongside higher output levels due to the phased reopening of customer-facing areas of the UK economy." The flash UK manufacturing ...

Chief economist update: Victoria's victory against the virus voided

BENJAMIN ONG  |  FRIDAY, 28 MAY 2021
... a better place compared with the lockdowns of days past. Although the Westpac-Melbourne Institute index of consumer confidence dropped by 4.8% in May from April, the 113.1 reading is the second highest since April 2010. And why not? Australia's labour ...

Chief economist update: Confidently sustaining the recovery

BENJAMIN ONG  |  WEDNESDAY, 19 MAY 2021
... But as Ella Fitzgerald sings, "into each life some rain must fall". The Westpac-Melbourne Institute index of consumer confidence dropped by 4.8% in May from April. Then again, and as Westpac points out, "It is still the second highest print for the Index ...

Chief economist update: Not yet time to make a change

BENJAMIN ONG  |  FRIDAY, 30 APR 2021
... annualised jump in consumer spending - the one that accounts for about 70% of the US economy. The revival in consumer confidence suggests continued strength, if not further increases, in US consumer spending. The Conference Board's survey showed ...