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Showing 51 - 60 of 317 results for "Business confidence"

Chief economist update: Japan tightens fiscal policy

BENJAMIN ONG  |  FRIDAY, 11 OCT 2019
... while it came in better than market expectations, the Bank of Japan's (BOJ) Tankan index - a measure of business confidence - for big manufacturers fall from a reading of +7 in the June quarter to +5 (the lowest reading in six years) in the third ...

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

BENJAMIN ONG  |  THURSDAY, 10 OCT 2019
... credit down for the 47th month in a row to 3.5% and housing credit growth continuing to slow to 3.1%. No wonder business confidence is also down. The NAB Business Survey shows that business confidence fell to a reading of zero (0) in September from 1 ...

Chief economist update: 'Paradox of Thrift' in action

BENJAMIN ONG  |  THURSDAY, 12 SEP 2019
... and that we were also supposed to have. Fast forward to yesterday's consumer sentiment data and the NAB business confidence survey released a day earlier - both showed continued deterioration. While the RBA had already sounded the alarm bells and ...

Chief economist update: The budget surplus can wait

BENJAMIN ONG  |  FRIDAY, 30 AUG 2019
... that although business conditions deteriorated to a reading of +2 in July from (+4 in the previous month), business confidence has improved to a reading of +4 from + 2 in June. Then again, with both measures remaining below their long-term averages ...

Chief economist update: Will Australia avoid another global recession?

BENJAMIN ONG  |  FRIDAY, 16 AUG 2019
... releases indicate that, we'll be right mate. The National Australia Bank's (NAB) Business survey shows business confidence improved from 2 in June to 4 in July (albeit still below its long-run average of 6). The Westpac/Melbourne Institute consumer ...

Chief economist update: Fed cut and Trump's war

BENJAMIN ONG  |  MONDAY, 5 AUG 2019
... welcome. Catherine Mann of Citigroup, a bank, is sceptical that the latest round of monetary easing will boost business confidence enough to rekindle investment. The Trump administration's trade policy, not the cost of capital, is holding businesses ...

Chief economist update: A case for optimism

BENJAMIN ONG  |  THURSDAY, 11 JUL 2019
... over a US-China trade deal. But we're 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 ...

Chief economist update: Hard target

BENJAMIN ONG  |  WEDNESDAY, 10 JUL 2019
... June continue to suggest that the business sector has lost significant momentum over the past year or so. Business confidence largely unwound the bounce in May and while business conditions rose in the month, they remain below average." "The recent run ...

Chief economist update: Australian bull market here we come

BENJAMIN ONG  |  THURSDAY, 13 JUN 2019
... showed business conditions weakened in May due to big drops in trading conditions and profitability. While business confidence surged (due to RBA rate cut and elimination of political uncertainty following the May 18 Federal elections), the lead from ...

Chief economist update: No credit to the RBA

BENJAMIN ONG  |  MONDAY, 1 APR 2019
... inconsistent with the most recent NAB business survey that showed sharp decline in both business conditions and business confidence over the same month. Housing credit slowed to a year-on-year rate of 4.2% in February from 4.4% in the previous month ...