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Showing 71 - 80 of 645 results for "Consumer Confidence"

Chief economist update: Australians not confident enough

BENJAMIN ONG | THURSDAY, 13 FEB 2020

... profits decline that, in turn, lead to freezes pay hikes and/or hiring before a roundtrip back to declines in consumer confidence and spending. Perhaps, the RBA's three rate reductions last year have yet to filter through into the general economy ...

Lowe snaps back at critics

ELIZA BAVIN | THURSDAY, 6 FEB 2020

... governor Philip Lowe has rejected concerns that the bank's decision to cut interest rates last year dented consumer confidence and impacted weak consumer growth. Speaking at the National Press Club, Lowe said that while he understands having rates at ...

Chief economist update: Australians all let's not rejoice

BENJAMIN ONG | THURSDAY, 23 JAN 2020

... reduction failed to lift sentiment enough to lift the index above 100 -- or where optimists outnumber pessimists. Consumer confidence influences households' inclination to spend, save and borrow. Further RBA rate reductions is a double-edge sword ...

Chief economist update: A busy 2020 for Abe, BOJ

BENJAMIN ONG | TUESDAY, 14 JAN 2020

... suffering from acute weakness in manufacturing and exports, particularly those to China, alongside declining consumer confidence." "In response, the government is providing significant support. Despite recent weakness in activity, the unemployment rate ...

Chief economist update: Aussie Black Friday spend will end Saturday

BENJAMIN ONG | MONDAY, 13 JAN 2020

... in wages slowed to 2.2% in the September 2019 quarter from 2.3% in the previous one. Given still depressed consumer confidence, Australians are more likely to exploit the RBA's lower interest rates, the Morrison government's increased spending ...

Chief economist update: Rate cuts coming, but not on race day

BENJAMIN ONG | MONDAY, 21 OCT 2019

... (year-on-year) to a reading of 131.8 in October - don't portend good tidings and explain the persistent weakness in consumer confidence and retail spending.

Chief economist update: Japan tightens fiscal policy

BENJAMIN ONG | FRIDAY, 11 OCT 2019

... ahead of the consumption tax hike, or a bit of both. However, forward indications are not so good. Japanese consumer confidence dropped to an eight-year low of 35.6 in September, marking the 22nd straight month of decline since peaking at 44.6 in November ...

Chief economist update: This is a job for the RBA (and the Treasury)

BENJAMIN ONG | FRIDAY, 20 SEP 2019

... (year-on-year) to a reading of 133.6 in September - portend not good tidings and explain the recent weakness in consumer confidence and retail spending. Given the labour market slack - the RBA thinks the unemployment rate could drop to around 4.5% without ...

Chief economist update: 'Paradox of Thrift' in action

BENJAMIN ONG | THURSDAY, 12 SEP 2019

... frog. Contrast this with the "frog dropped in boiling water" during the Great Recession of 2007 to 2009 - when consumer confidence dropped sharply in the same 14-month period (from a high of 123.9 in May 2007 to 79.0 by July 2008) - the frog was dropped ...

Chief economist update: The UK is not OK

BENJAMIN ONG | MONDAY, 12 AUG 2019

... liquidity and the cost of borrowing that's the UK's problem. The problem is the dent on business and consumer confidence caused by uncertainties from Brexit and US-China trade tensions.

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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