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Showing 81 - 90 of 574 results for "consumer spending"

Chief economist update: The greatest challenge of our time

BENJAMIN ONG  |  THURSDAY, 30 MAY 2019
... Worse, it could lead to lower inflation expectations and increased risk of deflation that, in turn, restrains consumer spending and business investment. Why buy and invest now when prices would be the same or lower in the future? It becomes a self-fulfilling ...

Chief economist update: RBA to take rates to fresh record low

BENJAMIN ONG  |  WEDNESDAY, 22 MAY 2019
... governor's change in tack from waiting for the "resilient" labour market to feed through into higher wages, consumer spending and inflation to: "The Australian economy can support an unemployment rate of below 5% without raising inflation concerns. ...

Chief economist update: June RBA rate cut not a sure bet

BENJAMIN ONG  |  FRIDAY, 17 MAY 2019
... early January this year, it's heading there. The prospect of lower borrowing costs which should stimulate consumer spending, a cheaper AUD to bump up domestic exporters' competitiveness, and lift offshore earnings through currency translations ...

Chief economist update: Not spring yet in the Eurozone

BENJAMIN ONG  |  MONDAY, 6 MAY 2019
... more pessimistic about their financial situation and the economic situation - portending continued weakness in consumer spending. This is made worse by the continued slide in consumer inflation expectations to a reading of 15.7 in April from 17 in March ...

Chief economist update: A good problem to have?

BENJAMIN ONG  |  TUESDAY, 30 APR 2019
... retail spending in the year to March (from 4.0% in January and February) would persist going forward. Where consumer spending goes, there goes businesses, proved by the improvement in the CBI business optimism index - up to -13 in the second quarter ...

Chief economist update: The bad oil

BENJAMIN ONG  |  FRIDAY, 12 APR 2019
... levels are yet 'normal.'" Higher oil prices reduce household disposable income that, in turn, reduce consumer spending and by extension, economic growth. Higher oil prices increase business input costs, reducing margins and profits that ultimately ...

Chief economist update: Aussie property price falls become self-fulfilling

BENJAMIN ONG  |  MONDAY, 8 APR 2019
... to mention, the hit to optimism by the negative wealth effect from falling housing prices, triggering reduced consumer spending, lower company profits, a decline in business investment - plant, equipment & structures and staffing - as well as in obtaining ...

Chief economist update: Rosy assumptions a Budget surplus make

BENJAMIN ONG  |  WEDNESDAY, 3 APR 2019
... following year and 3.25% the next. Whether or not this happens will have an impact - negative or positive - on consumer spending, that'll flow through into company sales and profits and then investment... overall economic growth and through to government ...

Chief economist update: RBA repeats history

BENJAMIN ONG  |  FRIDAY, 22 MAR 2019
... 11,900 rise in part-time jobs; full-time hiring declined by 7300 heads. The "permanent income hypothesis" that consumer spending is a function of workers' expectations of the permanency of their income. Full-timers expect more income permanence than ...

Chief economist update: The AUD's resilience

BENJAMIN ONG  |  TUESDAY, 19 MAR 2019
... well, given still below-RBA target inflation, would put upward pressure on inflation which, in turn, encourages consumer spending now lest prices continue increasing in the future. However, the Fed's pause, the ECB's targeted longer-term refinancing ...