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Showing 41 - 50 of 632 results for "Consumer confidence"

AAT affirms SMSF adviser ban

JAMIE WILLIAMSON  |  WEDNESDAY, 11 NOV 2020
... banning order as proposed by Blazejczyk would provide "sufficient general deterrence", nor that it would promote consumer confidence and professionalism in the financial services industry. In its decision, the AAT said: "...acting in the best interests ...

Effects of ERS not so bad: Grattan

ELIZA BAVIN  |  THURSDAY, 8 OCT 2020
... business investment cart before the consumption horse. "I would have liked to see more measures to sure up consumer confidence, more measures to sure up spending before we start thinking about how we are going to encourage business investment."

Chief economist update: Australian pessimism eases

BENJAMIN ONG  |  THURSDAY, 10 SEP 2020
Just in time for the Southern Hemisphere spring season, latest surveys showed both business and consumer confidence in Australia springing back up. The NAB business confidence index improved to a reading of -8 points in August from -14 in the previous ...

Chief economist update: V in US recovery at risk

BENJAMIN ONG  |  MONDAY, 7 SEP 2020
... optimism among businesses (which raises the prospect of further jobs gain) has not translated to improved consumer confidence. Here's the headline from the latest Conference Board's consumer confidence index report: "The Conference Board Consumer ...

Chief economist update: Flattening the rebound

BENJAMIN ONG  |  WEDNESDAY, 15 JUL 2020
... infections get out of control like in Melbourne. The forward view in these all is reflected in the re-sinking of consumer confidence. The Westpac-Melbourne Institute index of consumer sentiment fell by 6.1% to a reading of 87.9 in July, nearly reversing ...

Chief economist update: Not easy easing restrictions

BENJAMIN ONG  |  TUESDAY, 14 JUL 2020
... reversing the record 14.7% slump in the previous month as businesses reopened and workers went back to work. Consumer confidence has also improved. The Conference Board and the University of Michigan's consumer sentiment index have risen sequentially ...

Chief economist update: Victoria's Cinderella moment

BENJAMIN ONG  |  MONDAY, 22 JUN 2020
... that: "It is crucial that nationally our economy is able to open as far as possible to drive business and consumer confidence... We can't afford to again shut down an already deeply struggling national economy because of localised COVID-19 outbreaks." ...

Chief economist update: Australian Renaissance

BENJAMIN ONG  |  MONDAY, 15 JUN 2020
... compared with -7.3% (single-hit) and -8.4% (double-hit) for the US. The latest improvement in both business and consumer confidence substantiates the OECD's projections. The NAB Business Survey showed that business confidence has steadily improved ...

Chief economist update: Pay cut or pay not?

BENJAMIN ONG  |  FRIDAY, 15 MAY 2020
... barring a second wave - would 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 ...

Chief economist update: Thank goodness for Sorbent

BENJAMIN ONG  |  THURSDAY, 23 APR 2020
... the spike in domestic retail spending appears to be counter-intuitive and abnormal given the sharp fall in consumer confidence to a nine-year low in March. Then again these are abnormal times. Pessimism over disruptions in production and therefore, reduced ...