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Search ResultsShowing 1 - 10 of 100+ results for "Business confidence"
Chief economist update: Australia is out
BENJAMIN ONG  |  THURSDAY, 3 DEC 2020
... October continue, boosting consumer confidence and even more spending that, in turn, lifts already improving business confidence and profits, prompting increased investment in building and structures, equipment and staff. The sharp 6.5% increase in imports ...
Chief economist update: Letter V going viral in Australia
BENJAMIN ONG  |  WEDNESDAY, 11 NOV 2020
... pun). It was most recently seen in the NAB Business Survey for October, underscored by the sharp rebound in business confidence and business conditions. Australian business confidence jumped to a reading of +5 in October - the highest level since May ...
Chief economist update: China's vote for US president
BENJAMIN ONG  |  THURSDAY, 5 NOV 2020
... and the strongest since January 2011 - as total new orders expanded at their sharpest rate in a decade and business confidence surged to their highest levels since August 2014. The Caixin China general services PMI increased from 54.8 in September to ...
Chief economist update: Budget me this Batman
BENJAMIN ONG  |  MONDAY, 12 OCT 2020
... the Morrison government's "Homebuilder" programme. The latest NAB business survey showed that Australian business confidence improved but remains where the net balance of responses show pessimists continue to outnumber optimists -- minus four in ...
Government declares record deficit, super reforms
JAMIE WILLIAMSON  |  TUESDAY, 6 OCT 2020
... works better for you," Frydenberg said. All said; the Morrison government is focused on boosting consumer and business confidence, and growing the economy through spending and the creation of jobs. Australia's economy is forecast to fall by 3.75% ...
Chief economist update: Australian pessimism eases
BENJAMIN ONG  |  THURSDAY, 10 SEP 2020
... season, latest surveys showed both business and consumer confidence in Australia springing back up. The NAB business confidence index improved to a reading of -8 points in August from -14 in the previous month. The August figure is even more spectacular ...
Household debt a major risk: RBA
ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
... after two months of growth while employment contracted at a steeper rate. Inflationary pressures intensified. Business confidence weakened slightly, but remained positive overall. CBA's head of Australian economics Gareth Aird said: "The decline in business ...
Chief economist update: Forecasting is futile
BENJAMIN ONG  |  WEDNESDAY, 12 AUG 2020
Be afraid... The National Australia Bank's (NAB) business confidence index dropped to a reading of -14 in July from zero in the previous month. "Confidence fell in all industries led by mining which saw a sharp decline. With the exception of retail ...
Chief economist update: Flattening the rebound
BENJAMIN ONG  |  WEDNESDAY, 15 JUL 2020
... components: trading (-7 in June from -19 in May); profitability (-8 from -19); employment (-11 from -31). Australian business confidence brighten much brighter, rising by 21 points to +1 index points - the third consecutive month of improvement after ...
Chief economist update: Australian Renaissance
BENJAMIN ONG  |  MONDAY, 15 JUN 2020
... business and consumer confidence substantiates the OECD's projections. The NAB Business Survey showed that business confidence has steadily improved from -65 in March to -45 in April to -20 in May. Similarly, consumer confidence advanced from a reading ...
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