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Showing 31 - 40 of 596 results for "consumer spending"

AustralianSuper posts solid return for FY23

ANDREW MCKEAN  |  WEDNESDAY, 5 JUL 2023
... "Investment market returns have been better than we expected and economic growth has proved relatively resilient with consumer spending holding up well over the year," Delaney said. "We have also responded to a variety of significant investment challenges ...

Financial markets brace for gloomy first half

KARREN VERGARA  |  TUESDAY, 7 FEB 2023
... historically," another analyst said. The most hard-pressed businesses over the next year will be those dependent on consumer spending. "Many companies may have partially insulated themselves from the immediate effects of rising US and European interest ...

Australia likely to avoid recession: Oliver

CHLOE WALKER  |  THURSDAY, 19 JAN 2023
... according to AMP head of investment strategy and chief economist Shane Oliver. According to Oliver, a slump in consumer spending (thanks to rate hikes, cost of living pressures and falling property prices) along with weaker global growth, will see Australian ...

APAC airports well positioned for recovery: Study

CHLOE WALKER  |  FRIDAY, 13 JAN 2023
... trends, supporting our 'neutral' sector outlook," it said. "However, the sector is susceptible to discretionary consumer spending pressures in the weaker economic environment." Commenting on the report, AMP Capital managing director of airports David ...

US enters recession - or does it?

ANDREW MCKEAN  |  FRIDAY, 29 JUL 2022
... Biden went on to tout the nation's 3.6% unemployment rate, second quarter job creation and strong levels of consumer spending. Later at a press conference, he cited the data and said: "That doesn't sound like a recession to me." A few days ago ...

Federal Reserve delivers 0.75bp rate rise

ANDREW MCKEAN  |  THURSDAY, 28 JUL 2022
... significantly reducing the size of its balance sheet, Powell noted that indicators of spending have softened, growth in consumer spending has slowed and activity in the housing sector has weakened. However, despite these developments Powell said that ...

Westpac reports $3.1bn in cash earnings

ANDREW MCKEAN  |  MONDAY, 9 MAY 2022
... Australian economy was robust and would persevere through the challenging circumstances of the first half of 2022. "Consumer spending may be tempered by higher prices and higher interest rates. However, the positives of strong household and business ...

J.P. Morgan's net income falls 42%

ANDREW MCKEAN  |  THURSDAY, 14 APR 2022
... optimistic on the economy, at least for the short term. Dimon said: "Consumer and business balance sheets as well as consumer spending remain at healthy levels." However, Dimon did warn of "significant geopolitical and economic challenges ahead due to ...

Chief economist: Thank you, Putin

BENJAMIN ONG  |  THURSDAY, 24 FEB 2022
... This is a double-edged sword in that reduced fiscal and monetary stimulus and higher consumer prices depress consumer spending and by extension, business revenues - the very same policies that have sent financial markets to expect higher and higher sales ...

Economic recap: Week to December 3

BENJAMIN ONG  |  MONDAY, 6 DEC 2021
... higher investment in plant & machineries and equipment and staffing, lifting employment and by extrapolation, consumer spending, sales, profits, investment... It would have been a highway to heaven - a clean run to stronger growth, if you will - had ...