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Showing 1 - 10 of 437 results for %22US consumer confidence data%22

Australian housing crisis escalates as affordability worsens

ANDREW MCKEAN  |  MONDAY, 8 APR 2024
... growth." Exacerbating the constraints on housing supply, bankruptcies in the construction industry have eroded consumer confidence, swaying many towards buying existing homes over building new ones, resulting in fewer building approvals and a depressed ...

Markets, economies benefit from eustress: ABDO

KARREN VERGARA  |  WEDNESDAY, 20 MAR 2024
... turbulence over the last four years, it is no surprise that consumer sentiment has plummeted to new lows. Consumer confidence, particularly data from retail sales, is still in negative territory and sits at a low not seen since the 1990s recession, Paton ...

Aussies do not underspend in retirement, say super funds

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2024
... comprises AustralianSuper, Cbus, HESTA, Hostplus, Aware Super, Australian Retirement Trust, UniSuper and Rest - conducted consumer research and analysed deidentified super fund data and publicly available information. It found that most Australians are ...

Mass-affluent population key to insurer sustainability: Report

JAMIE WILLIAMSON  |  FRIDAY, 20 OCT 2023
... dependents. "They control significant assets, are interested in multi-phased retirement, and express relatively low confidence about retirement," the report reads. "These customers also need - and show interest in - flexible support from life insurers. ...

Licensees shun remediation obligations: ASIC

KARREN VERGARA  |  TUESDAY, 26 SEP 2023
... lacks appropriate oversight and accountability. ASIC measured large licensees against standards in Regulatory Guide 277 Consumer Remediation and found several gaps that could lead to poor consumer outcomes. Many are narrowing the remediation review period ...

US regulators launch investigation into OpenAI

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
... investigating OpenAI, the artificial intelligence research firm that owns ChatGBT, to evaluate possible negligence and consumer harm. In a 20-page document sent to the Microsoft-backed AI firm, regulators demanded detailed records of OpenAI's policies ...

RBA set to lift the cash rate again

ANDREW MCKEAN  |  TUESDAY, 6 DEC 2022
... experts believe the cash rate will grow to 3.1% in December, which would be an eighth consecutive rate rise. Finder head of consumer research Graham Cook said it's almost certain that the Reserve Bank of Australia (RBA) will deliver another blow which ...

Millions of retirees will benefit from QAR

CASSANDRA BALDINI  |  TUESDAY, 29 NOV 2022
... said. "The proposals would help millions of Australians put in place a plan to spend more of their superannuation with confidence and in a way that improves their financial wellbeing throughout their retirement." The data found, under current policy ...

Most retirees want pension support through super: Report

CASSANDRA BALDINI  |  TUESDAY, 16 AUG 2022
... retirement strategies elevates the opportunity for funds to create improved support experiences that build greater confidence into retirement. "Link Advice believes the Age Pension can be a great starting point and an improvement on existing services ...

Business confidence, conditions rally: NAB

ANDREW MCKEAN  |  WEDNESDAY, 10 AUG 2022
... the coming months as higher interest rates begin to weigh on household budgets." Meanwhile, ANZ-Roy Morgan consumer confidence levels dropped after the RBA raised interest rates for the fourth straight month, increasing the cash rate by 0.5% to 1.85%. ...
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