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Showing 41 - 50 of 317 results for "Business confidence"

First in first out?

BENJAMIN ONG  |  WEDNESDAY, 1 APR 2020
... 52.3 in March from February's record low of 29.6 - that's also due to a noticeable improvement in demand and business confidence. But before you cry FAKE news! The NBS itself admitted that the latest readings merely reflected the resumption of business ...

Chief economist update: Budget surplus or bust

BENJAMIN ONG  |  THURSDAY, 12 MAR 2020
... from the NAB Business Survey and the Westpac/Melbourne Institute clearly shows waning confidence. The NAB business confidence index fell to a reading of -4 in February from -1 in the previous month, its lowest level since July 2013. Business conditions ...

Chief economist update: Australians not confident enough

BENJAMIN ONG  |  THURSDAY, 13 FEB 2020
Latest surveys show an improvement in Australian consumer and business confidence despite concerns over the impact of the bushfires, floods and the coronavirus. The Westpac-Melbourne Institute Index of Consumer Sentiment rose 2.3% to 95.5 in February ...

Chief economist update: UK is now Bailey's baby

BENJAMIN ONG  |  TUESDAY, 11 FEB 2020
... tensions and the significant loosening of monetary policy by many central banks over the past year. Global business confidence and other manufacturing indicators have generally picked up. Domestically, near-term uncertainties facing businesses and households ...

Chief economist update: Lowe puts Australia on high

BENJAMIN ONG  |  MONDAY, 10 FEB 2020
... prices in place. If so, this could increase the risk of problems down the track." Not to mention, consumer and business confidence are currently lower than their levels before the RBA announced the first of its three interest rate cuts in June last year. ...

Chief economist update: Phase one deal signed, sealed and delivered

BENJAMIN ONG  |  THURSDAY, 16 JAN 2020
... considering tightening restrictions on Huawei." This is because a more lasting trade deal would boost Chinese business confidence which Dr. Zhengsheng Zhong, Director of Macroeconomic Analysis at CEBM Group, nominates as "a major hurdle to stabilizing ...

Chief economist update: Businesses remain unmoved by low rates

BENJAMIN ONG  |  WEDNESDAY, 11 DEC 2019
... Survey report shows business conditions remained unchanged at a reading of +4 in November (from October) but business confidence fell to a reading of zero, negating October's two-point increase to +2. The survey was conducted from 19-29 November ...

Chief economist update: Weak household consumption now a sure thing

BENJAMIN ONG  |  TUESDAY, 5 NOV 2019
... it's also clear that already record low interest rates have (so far) been impotent in boosting consumer and business confidence. Other world central banks have been begging for fiscal support as has the RBA. Australia's government has helped ...

Chief economist update: Beam us up Scotty

BENJAMIN ONG  |  FRIDAY, 25 OCT 2019
... before the October rate reduction to 0.75%. This is also in line with the NAB business survey that showed business confidence dropped after the RBA's rate cuts in June and July from +4 in July to +1 in August and 0 in September. The AICD survey also ...

IMF predicts bleak Australian outlook

ELIZA BAVIN  |  WEDNESDAY, 16 OCT 2019
... about the future of the global trading system and international cooperation more generally, taking a toll on business confidence, investment decisions, and global trade," the report said. Australia's heavy reliance on China and the United States being ...