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Showing 41 - 50 of 435 results for "consumer sentiment"

Chief economist update: US consumer power

BENJAMIN ONG  |  MONDAY, 25 NOV 2019
... week before. The answer could be in the US consumer. They are optimistic. The University of Michigan's consumer sentiment index rose to 96.8 in November - its highest reading in four months - from 95.5 in the previous month. The report noted stated ...

Chief economist update: How low will Lowe go?

BENJAMIN ONG  |  FRIDAY, 15 NOV 2019
... as December this year. November 12: NAB Business Survey. November 13: Westpac-Melbourne Institute index of consumer sentiment (along with retail sales - released on November 4). November 13: Wage Price Index November 14: Australian Labour Force Report ...

Chief economist update: RBA rate cut outlook

BENJAMIN ONG  |  THURSDAY, 31 OCT 2019
... businesses and consumers as evidenced by the latest NAB Business survey and the Westpac-Melbourne Institute consumer sentiment index. And of course, there was also the better-than-expected employment report. So it's all go to never never? No more ...

Chief economist update: Is the A$ becoming a safe-haven currency?

BENJAMIN ONG  |  MONDAY, 28 OCT 2019
... among Australian businesses and consumers. Why would the RBA ponder zero and QE otherwise? Latest business and consumer sentiment surveys are down and the IMF has recently slashed Australia's GDP growth forecasts by 0.5 percentage points to 1.7% ...

Chief economist update: Negative bang for RBA, government's buck

BENJAMIN ONG  |  THURSDAY, 10 OCT 2019
... cash rate to 0.75% and the Morrison government's July tax rebate, the latest Westpac-Melbourne Institute consumer sentiment survey delivers a grim warning to us, Australians all. The consumer sentiment index fell from a reading of 98.2 in September ...

Chief economist update: 'Paradox of Thrift' in action

BENJAMIN ONG  |  THURSDAY, 12 SEP 2019
... to death - the Australian economy is slowly being boiled... to death. The latest Westpac-Melbourne Institute consumer sentiment survey is case in point. Australian consumer sentiment declined by 1.7% in September to a reading of 98.2 in September - pessimists ...

YBR to remediate wealth clients

KARREN VERGARA  |  FRIDAY, 30 AUG 2019
... and Financial Services Industry created significant uncertainty which had adversely affected the market and consumer sentiment which together resulted in the impairment," Bouris said. He added that the firm is currently dealing with a number of tenderers ...

Chief economist update: Will Australia avoid another global recession?

BENJAMIN ONG  |  FRIDAY, 16 AUG 2019
... from 2 in June to 4 in July (albeit still below its long-run average of 6). The Westpac/Melbourne Institute consumer sentiment index increased by 3.6% to a reading of 100 - optimists level pegging with pessimists - in August from 96.5 in the previous ...

Chief economist update: A case for optimism

BENJAMIN ONG  |  THURSDAY, 11 JUL 2019
... not! A day after the NAB Business Survey showed a sharp drop in business confidence in June, Westpac's Consumer Sentiment Survey - conducted in the week of July 1-5 (after the RBA's second rate cut on the 2nd and the passage of the Coalition's ...

Chief economist update: Another rate cut on the cards

BENJAMIN ONG  |  FRIDAY, 14 JUN 2019
... suggests further weakening in job creation in the coming months. There's also the Westpac-Melbourne Institute consumer sentiment index that showed unemployment expectations increased by a whopping 5.1% in June from the previous month and the NAB ...