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Showing 81 - 90 of 645 results for "Consumer Confidence"

Chief economist update: Australian bull market here we come

BENJAMIN ONG | THURSDAY, 13 JUN 2019

... 2018 quarter. The slowdown in annual retail sales growth to 2.8% in April from 3.5%, along with the drop in consumer confidence portends continuing weakness in household spending. This isn't a good omen for business profitability - that, which drives ...

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

BENJAMIN ONG | WEDNESDAY, 29 MAY 2019

... at 3.6% in April - this is the lowest rate of 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 ...

Chief economist update: Low unemployment, low wages growth conundrum

BENJAMIN ONG | THURSDAY, 16 MAY 2019

... surveys of the Australian labour market point to a weakening trend. Although the Westpac/Melbourne Institute consumer confidence survey showed improved consumer unemployment expectations in May, the employment index in the NAB business survey dropped ...

Chief economist update: Not spring yet in the Eurozone

BENJAMIN ONG | MONDAY, 6 MAY 2019

... indicators - GDP and inflation - have improved, others foretell of further weakness going forward. Eurozone consumer confidence fell to a reading of -7.9 in April from -7.2 in March as households became more pessimistic about their financial situation ...

Chief economist update: A good problem to have?

BENJAMIN ONG | TUESDAY, 30 APR 2019

... the FTSE-100 index gained 10.6% over the same period. This is a no-brainer given the latest UK survey stats. Consumer confidence has not deteriorated over the past three months - unchanged at -13 in February, March and April, but an improvement from ...

Chief economist update: Two indicators giving the Fed a headache

BENJAMIN ONG | TUESDAY, 9 APR 2019

... rate had been below the "median value of 4.3%". The outlook for jobs remain positive gauging from the March consumer confidence survey showing respondents saying "jobs were plentiful" remaining close to 18-year highs while those thinking that " "jobs ...

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

BENJAMIN ONG | MONDAY, 18 FEB 2019

The University of Michigan's latest update on consumer confidence indicates that there's hope still for household spending. Recall the reported big drop in US retail spending (down 1.2% in the month of December) that I penned is consistent with ...

Chief economist update: Time for an RBA shift to neutral

BENJAMIN ONG | MONDAY, 4 FEB 2019

... in the December quarter). Indications from more recent activity data - business conditions and confidence, consumer confidence and spending, the AiG performance of construction index, among others - are equally foreboding. So is the fast accelerating ...

Why the RBA has reason to cut rates in 2019

BENJAMIN ONG | WEDNESDAY, 9 JAN 2019

... aggregate" home value index has fallen by 6.6% in the year to 9 January 2019. These would certainly put a dent on consumer confidence but more importantly, the negative wealth effect from the stockmarket and falling property prices would ripple through ...

Chief economist update: Faster wages growth a one-off?

BENJAMIN ONG | THURSDAY, 15 NOV 2018

... has accelerated to 0.25% in the September quarter from 0.06% in the previous one. This, along with rising consumer confidence - the Westpac-Melbourne Institute index of consumer sentiment rose to an 11-month high of 104.3 in November from 101.5 in the ...

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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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