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Showing 51 - 60 of 440 results for "Consumer Sentiment"

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 ...

Chief economist update: Glass half-full or US recession on the way?

BENJAMIN ONG  |  WEDNESDAY, 29 MAY 2019
... joblessness in nearly five decades (December 1969) - stoking consumer confidence. The University of Michigan's consumer sentiment index rose to a 15-year high in May which, in turn, encourages greater consumption. Meanwhile, personal spending jumped ...

Cost of living fears rise: Research

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 APR 2019
... retire comfortably. "The reality is that the wealth effect from falling property prices is weighing heavily on consumer sentiment, as people feel like their biggest asset - their home, loses value." Mitchell said effective financial advice and a strategic ...

Chief economist update: RBA repeats history

BENJAMIN ONG  |  FRIDAY, 22 MAR 2019
... over getting hired (why bother looking?). This pessimism is capture in the just-released Westpac-Melbourne consumer sentiment survey conducted in the week from 4 March to 8 March 2019 that showed consumer sentiment dropped to 98.8 in March from 103.8 ...

Chief economist update: What's the RBA waiting for?

BENJAMIN ONG  |  FRIDAY, 15 MAR 2019
... not outright disastrous. Indicators released this week - retail sales, business confidence and conditions, consumer sentiment, lending to households and businesses - all but confirm the weakening trend in the domestic economic activity. Add to this the ...

ClearView posts first half profit dip

KANIKA SOOD  |  WEDNESDAY, 27 FEB 2019
... the current challenging operating environment - characterised by prolonged record low interest rates, poor consumer sentiment exacerbated by the Royal Commission and the flow-on effect of life insurance commission caps under LIF - is expected to continue ...