Consumers cautiously confident according to Westpac Index
Consumer confidence is on the rise, with the Westpac Melbourne Institute Index of Consumer Sentiment seeing a slight increase over the past month, but considering the RBA's recent rate cut, things could be better.
Wed 13/06/2012 12:00:00 / Read More »DJs, Myer and consumer confidence: a tri-colour of gloomy news
Australian retailers David Jones and Myer have announced they expect profits to experience a serious decline in the next six months. Consumer confidence figures are also low, at levels last seen in the post-GFC climate.
Thu 14/07/2011 12:00:00 / Read More »Consumer sentiment continues to fall
According to the Westpac-Melbourne Institute, the Consumer Sentiment Index fell by 5.7 per cent in June. This result has surprised economists, especially since the Reserve Bank recently held off on a rate rise.
Thu 10/06/2010 12:00:00 / Read More »Consumer sentiment holds up after rate rise
According to the Westpac-Melbourne Institute, it seems consumers have not lost confidence in the economy after a fourth interest rate rise. The Consumer Sentiment Index increased by 0.2 per cent in March.
Wed 10/03/2010 12:00:00 / Read More »Economy remains strong
It seems that Australia's economy is well and truly on the mend with the Westpac-Melbourne Institute Leading Index at 6.2 per cent for December, well above the long terms trend of 2.7 per cent.
Thu 18/02/2010 12:00:00 / Read More »Surprise decline in consumer sentiment over February
The Westpac-Melbourne Institute of Consumer Sentiment Index has taken a major hit falling from 120.1 in January to 117 in February, a 2.6 per cent decline.
Wed 10/02/2010 12:00:00 / Read More »Consumer sentiment surges in January
According to the Westpac-Melbourne Institute, the Index of Consumer Sentiment has seen a massive 5.6 per cent growth in January.
Wed 20/01/2010 12:00:00 / Read More »Australian economy shows signs of growth
A 6.7 per cent annualised growth rate has been recorded in the latest Westpac-Melbourne Institute Leading Index for October. This is an impressive result seeing as the index was at -5.3 per cent in May.
Thu 17/12/2009 12:00:00 / Read More »Consumer sentiment falls 3.8% in December
The Westpac-Melbourne Institute Index of Consumer sentiment has been rattled after three consecutive rate rises, falling 3.8 per cent in December from 118.3 in November to 113.8.
Thu 10/12/2009 12:00:00 / Read More »Consumer sentiment rises 34.4% in 4 months
The Westpac-Melbourne Institute Consumer Sentiment Index has just been released and once again it seems consumers are more confident than ever, registering the largest four month increase in the 35 year history of the Index.
Thu 10/09/2009 12:00:00 / Read More »Two year high for consumer sentiment
The Westpac-Melbourne Institute Consumer Sentiment Index has just been released for August and the news is very good with an increase of 3.7 per cent, its highest level in two years.
Wed 12/08/2009 12:00:00 / Read More »Massive rise in consumer sentiment
In very surprising news the Westpac Melbourne Institute consumer sentiment index has increased by almost 10 per cent in July, shocking many analysts in the industry.
Wed 08/07/2009 12:00:00 / Read More »Largest consumer sentiment growth in 22 years
Spurred on by the news that Australia has narrowly avoided a recession, consumer confidence in the economy has shown remarkable strength in the latest Westpac-Melbourne Institute Index of Consumer Sentiment, rising a staggering 12.7 per cent in June.
Thu 11/06/2009 12:00:00 / Read More »Consumers still worried despite improvements in economy
According to the Westpac Melbourne Institute Index of Consumer Sentiment, consumer confidence in the economy has taken a beating over May, with its second biggest post-budget fall in a decade.
Fri 22/05/2009 12:00:00 / Read More »Consumer sentiment rises rapidly in April
The Westpac-Melbourne Institute Index of Consumer Sentiment increased by 8.3 per cent in April, showing a return in confidence among consumers after some pleasing economic news.
Thu 09/04/2009 12:00:00 / Read More »Consumer sentiment falls, but retailers remain confident
The Westpac-Melbourne Institute Index of Consumer Sentiment fell by 0.2 per cent in March, but economists and retailers are still confident in the economy.
Wed 11/03/2009 12:00:00 / Read More »1-10 11-16
