Things Are Looking Up For Retailers Despite CreditWatch Doom & Gloom
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February 14, 2024
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Things are looking up for retailers, after the Westpac-Melbourne Institute Consumer Sentiment index, rose 6.2 per cent in the month of February,... Read More
Westpac Issues Bleak Retail Forecast: Worse Than Previous Three Recessions
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March 14, 2023
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A Westpac-Melbourne Institute survey showed a bleak outlook for sales of major household items, saying the sub-index fell to the lowest rates... Read More
Australian Consumer Confidence Falls To GFC Levels: Westpac
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August 9, 2022
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Australian consumer sentiment has fallen to a level on par with the lows of the COVID-19 pandemic and the Global Financial Crisis,... Read More
NAB: ‘9.5% Drop In Consumer Confidence An Overreaction’
The Westpac-Melbourne Institute Index of Consumer Sentiment fell by 9.5% in August, as Victoria enters Stage 4 restrictions and COVID hotspots pop... Read More
VIC COVID Cases Wipe June’s Gains In Consumer Sentiment
The Westpac-Melbourne Institute Index of Consumer Sentiment fell 6.1% to 87.9 in July, reversing all of last month’s impressive gain. This takes... Read More
Retailers Concerned As Australian Consumer Sentiment Hits Five-Year Low
The Westpac-Melbourne Institute Index of Consumer Confidence has fallen by 3.8% to hit 91.9, from 95.5 in February. This marks the index’s... Read More
Westpac Consumer Confidence Hits 2013 Highs
The Melbourne Institute and Westpac Bank’s Consumer Confidence Index has jumped to its highest levels since 2013 – a rise of 3.9%... Read More
Oz Consumer Sentiment Slips In April
Westpac’s Consumer Sentiment Index has slipped 0.6% to 102.4 in April, falling from March’s reading of 103. Despite the decline, Australians remain... Read More