President Trump is keen to get the US economy going agin.
Donald Trump’s job approval ratings may be holding, but consumer confidence matters for his re-election prospects.
Even when interest rates are already low, on balance further cuts boost rather than harm confidence.
The emotions associated with trends in popular music and lyrics can predict economic sentiment.
What if we’re just not as predictable as we used to be?
Image sourced from shutterstock.com
The slew of numbers across various major economies this week continue to suggest a mixed picture.
The International Monetary Fund’s view of how to fix South Africa’s economy deserves to be seriously considered.
Treasurer Scott Morrison called a press conference this week to comment on March-quarter GDP figures.
Treasurer Scott Morrison says Australia will “grow into growth”. Global economic conditions suggest otherwise.
The impact of an uncertain election result on the sharemarket isn’t going to be as bad as Brexit.
The prospect of a hung parliament or minority government may lead to investor uncertainty and little movement in asset prices.
Sorry, but the glass is half empty.
Image sourced from shutterstock.com
GDP growth that doesn’t translate into income is no cause for celebration.
ECB’s Mario Draghi on lower rates: “The answer is no.”
This week: a range of confidence measures, from not great to interesting for Australia; ECB confirms negative rates and further stimulus.
Confidence numbers reflect many are waiting to see if it’s safe to invest.
Image sourced from Shutterstock.com
The economic news of the week wasn’t that bad - but there’s still plenty of timid types around.
Treasurer Joe Hockey is hoping budget measures aimed at small business translate to economic growth.
Business confidence might be up after the budget, but there are more reliable measures of what’s really driving the economy.
Treasurer Joe Hockey must weigh all aspects of Australia’s economy in his budget.
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.
Treasurer Joe Hockey may have welcomed this month’s interest rate cut, but it’s now up to the government to boost confidence.
It will take more than monetary policy to get Australia’s business and consumer confidence back on track.
People’s beliefs, emotions, and state of mind influence economic performance and prosperity.
Image sourced from www.shutterstock.com
The fact is, people do not always behave dispassionately and logically. Which is why measuring consumer sentiment matters.
It would seem odd that the guesses of a random collection of people inform economic policy. But there’s more to consumer sentiment than that.
Australia’s consumers are about to feel the pinch.
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.
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…
Pressure for a rates hike is increasing.
AAP Image/Jane Dempster
The CAMA RBA Shadow Board is a project by the Centre for Applied Macroeconomic Analysis, based at the ANU, which asks industry and academic economists what interest rate the Reserve Bank of Australia should…
Treasurer Joe Hockey is busy selling his budget to the electorate.
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.
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…