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Articles on Consumer confidence

Displaying 21 - 25 of 25 articles

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…

Consumer confidence weak despite rate cuts

Wary consumers are unmoved by recent interest rate cuts and healthy economic figures, according to an index of consumer sentiment that registered a rise of just 0.3% in June to 95.6%. The survey of 1200…
In the frame: David Jones has fallen victim of slumping consumer confidence - but is it warranted?

Are doubts about consumer confidence justified?

Consumer confidence has fallen by 8.3% to its lowest level in two years, according to the Westpac-Melbourne Institute Consumer Sentiment Index. The drop has been connected to speculation about the impact…

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