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#Economic Indicators
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Australian consumer confidence up 37 percent
Consumer confidence has continued to rise, despite steady increases in the official cash rate by the RBA since October last year. With continued growth in the labour market and a higher Aussie dollar key to the result. The Westpac-Melbourne Institute of Consumer Sentiment Index for March, which measures the perceptions of consumers towards their future […]
David Olsen · 2 min
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Business confidence slumps across Australia
The confidence of small and medium business owners across Australia has slumped in the three months to March, with the most dramatic falls in Victoria and Tasmania. The Sensis Business Index for the quarter ending March showed business confidence down 9 percent to 46 percent, down from 55 percent December quarter. “We have seen a […]
David Olsen · 2 min