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Showing 61 - 70 of 645 results for "Consumer confidence"

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 ...

Chief economist update: Surveys say...

BENJAMIN ONG  |  FRIDAY, 17 APR 2020
... conditions will fall further as more businesses are impacted". This is compounded by the equally sharp drop in consumer confidence and its implication for consumer spending, and by extension, business conditions and confidence. The Westpac-Melbourne ...

Chief economist update: BOK holds as infections ease

BENJAMIN ONG  |  TUESDAY, 14 APR 2020
... retail sales declined by 2.3% in the year to February following a 1.8% increase in the previous month. Plunging consumer confidence suggests continued falls in consumer spending. South Korea's Composite Consumer Sentiment Index dropped to an 11-year ...

Economic impact worst since WWII: Research

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
... through parliament this week - has provided certainty to many Australians, with the firm's first ANZ-Roy Morgan Consumer Confidence Rating taken since the announcement showing a record bounce in the index of 6.6 points to 71.9, up from a record low of ...

Chief economist update: Different contagion, same fiscal policy divide

BENJAMIN ONG  |  MONDAY, 6 APR 2020
... restore optimism... or more bluntly, prevent further drops in sentiment - household, business and investor. Consumer confidence dropped by five points - the largest on record - to -11.6 in March from -6.6 in the previous month. The IHS/Markit Eurozone ...

Australia narrowly avoids 0.9% GDP blow: KPMG

ALLY SELBY  |  MONDAY, 16 MAR 2020
... last week, will soften the impact of the coronavirus on the Australian economy and help boost business and consumer confidence. However, KPMG's chief economist Brendan Rynne said COVID-19 will still materially impact both Australia and the global ...

Chief economist update: Budget surplus or bust

BENJAMIN ONG  |  THURSDAY, 12 MAR 2020
... coronaphobia. The extent of coronaphobia could be discern from the Westpac/Melbourne Institute's latest survey of consumer confidence - the index dropped by 3.8% to a reading of 91.9 in March - the lowest in five years and the second lowest since ...

Coronavirus to infect Q2: Capital Group

ALLY SELBY  |  FRIDAY, 14 FEB 2020
... in the coming year. So too, do weak credit growth, the end of a real estate cycle, and dwindling trade and consumer confidence levels, point to a slowdown in Chinese economic growth, Green said. He argued there was little the Chinese government could ...

Editor's Choice

Invesco launches new equity fund

ELIZA BAVIN  |   12:13PM
Invesco said the new fund will give Australian investors access to a systematic global equity strategy with a 20-year track record.

FCA pursues Neil Woodford again

KARREN VERGARA  |   12:05PM
The Financial Conduct Authority (FCA) is going after failed fund manager Neil Woodford again, this time for allegedly providing unauthorised investment advice via W4.0, his Dubai-based investment platform.

Former APRA deputy chair launches retirement solutions startup

KARREN VERGARA  |   12:03PM
A former APRA deputy chair has launched CipherIQ, a new venture that provides retirement solutions via account-based pensions in partnership with superannuation funds, financial advisers and retirees.

Global X launches space tech ETF

MATTHEW WAI  |   11:12AM
Global X has now launched the space tech ETF (ASX: MOON).

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