Tag: Consumer Confidence

More good news for SMBs in the lead up to Christmas with a new study showing consumer confidence has significantly increased in recent months.

SMBs have received some positive news in the lead up to Christmas with a new study showing sharp rebounds in consumer spending.

Economy-wide spending enjoyed a solid gain in June, according to the latest Commonwealth Bank Business Sales Indicator (BSI), suggesting consumers are slowly becoming less tentative about parting with their cash.

Consumer spending across the country is continuing to rise, but as businesses become more optimistic, experts are warning consumer confidence remains fragile.

Spending rose across the economy in April, according to the latest Commonwealth Bank Business Sales Indicator (BSI), though it appears business sales growth may be slowing as a result of declining consumer confidence.

The recovery in economy-wide spending appears to have consolidated as business sales remain positive, according to the latest Commonwealth Bank Business Sales Indicator (BSI).

Despite improving conditions in the global economy local consumer confidence has fallen, as households remain concerned about the state of their own finances.

Consumer confidence fell by five percent in March, as Australians worry about rising interest rates and falling employment levels.

Australia has the highest consumer confidence of all developed nations, a new survey has found, with optimism increasing locally for the first time since July 2010.

Businesses have welcomed news of a surprise jump in consumer sentiment, as the number of optimists outweighs the number of pessimists for the first time in some months.