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Articles on Consumer confidence

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Confidence numbers reflect many are waiting to see if it’s safe to invest. Image sourced from Shutterstock.com

Vital Signs: economy in a holding pattern

The economic news of the week wasn’t that bad - but there’s still plenty of timid types around.
Treasurer Joe Hockey must weigh all aspects of Australia’s economy in his budget. AAP/Lukas Coch

Budget explainer: the forces influencing Australia’s economy

As we head into the federal budget tonight, all eyes will be on how the Coalition government might tackle some challenging economic data affecting Australia’s economy.
Australia’s consumers are about to feel the pinch. Dan Peled/AAP

The Aussie dollar at US75 cents: good or bad?

In an interview with the Australian Financial Review last week, Reserve Bank Governor Glenn Stevens suggested the Australian dollar might fall to US75 cents in 2015. And he intimated that it wouldn’t be…
Christmas is unlikely to come early this year for retailers as consumers bunker down and pay off household debt. Dan Himbrechts/AAP

Sorry Joe, consumer spending will disappoint Santa this Christmas

Treasurer Joe Hockey called on shoppers this week to “not let Santa down” and asked them to spend up big at the stores this Christmas. Unfortunately, the latest retail and consumer confidence data indicate…
Treasurer Joe Hockey is busy selling his budget to the electorate. Joel Carrett/AAP

Consumer sentiment dives as government sells budget cuts

Consumer sentiment has tumbled to levels not seen since August 2011, in a post-budget drop economists say does not reflect the real state of the economy. According to the monthly Westpac Melbourne Institute…
Woolworths SA chief Ian Moir announced a proposal for the South African retailer to acquire David Jones in Sydney yesterday. AAP/Daniel Munoz

Who is the South African retail giant behind the David Jones bid?

Yesterday morning came the news South African retailer Woolworths had offered $4 a share to acquire David Jones, a proposal that has the approval of the department store’s board. This offer, worth an estimated…

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