Tag: Consumer Confidence

This comprehensive look at consumer behavior reveals key trends in spending, saving, and overall economic sentiment.

New data from CreditorWatch highlights the ongoing challenges within the retail sector, with the greatest impact felt in food and fuel retailing.

Consumer sentiment dips as cost-of-living gloom continues

ShopBack said that it is seeing a strong consumer spending comeback as Australians enjoy their post-lockdown freedom. 

Consumer confidence edged up marginally over the weekend as respondents felt optimistic about their finances despite gloom about the economy at large. The ANZ-Roy Morgan Australian Consumer Confidence index gained 0.1 per cent from the previous week, with respondents’ perception of the country’s current economic conditions – including the outlook for the next 12 months […]

Most of the upswing in consumer confidence that came as a result of the Government’s Budget has been reversed this week, according to the latest ANZ-Roy Morgan Consumer Confidence findings.

The last fortnight has seen a 5.4 per cent cumulative rise, with the Government’s Budget and the RBA rate cut seen in May being cited as key factors behind the boost.

In the midst of the peak retail period for the year, the news that consumer sentiment has fallen for the ninth straight month could not come at a worse time.

Australians are making plans to secure their future as the nation’s consumer confidence dips sharply.

Consumer confidence is on the rise, with spending rising for the third straight month in May, according to the latest Commonwealth Bank Business Sales Indicator (BSI).