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Showing 51 - 60 of 435 results for "consumer sentiment"

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 ...

Chief economist update: Where sentiment goes, there too is spending

BENJAMIN ONG  |  MONDAY, 18 FEB 2019
... retail spending (down 1.2% in the month of December) that I penned is consistent with the equally big falls in consumer sentiment? Well, as it turns out the worm has turned. The University of Michigan consumer sentiment index bounced back 4.7 points ...

Chief economist update: Anatomy of an RBA rate cut

BENJAMIN ONG  |  WEDNESDAY, 30 JAN 2019
... November and +3 in October. This is consistent with the latest read from the Westpac-Melbourne Institute index of consumer sentiment showing that pessimists outnumbered optimists in January 2019 - not a good omen for retail spending. Especially, given ...

Labour and housing drive rate sentiment

KANIKA SOOD  |  TUESDAY, 29 JAN 2019
... fourth quarter on the back of four factors: China's slowdown, Australia's falling house prices and consumer sentiment, and the US Federal Reserve's reaction amid global trade concerns. Both think being short the Aussie dollar is a good hedge. ...

Chief economist update: Good jobs bad jobs

BENJAMIN ONG  |  FRIDAY, 25 JAN 2019
... full-time employment, had been trending lower since August last year. The lead from the Westpac-Melbourne Institute consumer sentiment survey that shows the "unemployment expectations index" rising to a reading of 123.6 in January from 121 in December ...

Industry Super Australia forecasts a rate cut

KANIKA SOOD  |  THURSDAY, 24 JAN 2019
... forecast of a rate cut is based on four factors: China's slowdown, Sydney and Melbourne's falling house prices and consumer sentiment, and the US Federal Reserve's reaction amid global trade concerns. The Consumer Price Index (CPI) is currently below ...