RBA cut, cheaper petrol, and sharemarket boosting Consumer Sentiment
The Index revealed Consumer Sentiment rose to 100.7 points in February, an 8 per cent rise from the 93.2 points registered in January. This is the highest level the Index has seen in the past 12 months.
Consumer confidence tugged down by household financial concerns
Despite improving conditions in the global economy local consumer confidence has fallen, as households remain concerned about the state of their own finances.
3 big policy challenges for small business
Opposition spokesperson Senator Scott Ryan on how the Federal Government has failed small business:
“Small businesses comprise 96 percent of all Australian enterprises. It is a sector that is only ignored at our greater peril, yet it is one to which this Labor Government has refused to listen.”