RBA Stall In Interest Hikes Doesn’t Help Consumer Spending Decline
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July 11, 2023
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Between the Reserve Bank of Australia (RBA) continuing to rise interest rates, the cost-of-living soaring, and salaries not keeping up, consumers are starting to... Read More
Retailers To “Remain On The Back Foot”: UBS
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June 29, 2023
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UBS economists have warned investors that the Australian retail sector will remain vulnerable over the coming months, as consumers continue to battle... Read More
Consumer Spending Plummets Across The Board
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June 16, 2023
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Consumer spending has collapsed as Australians households brace for a recession. ANZ-observed spending data shows spending in the week to June 11... Read More
New Zealand Falls Into A Recession
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June 15, 2023
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New Zealand’s economy has been revealed for the first quarter, and confirmed a recession began in the last three months of 2022,... Read More
Consumer Confidence At Three-Year Low
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June 14, 2023
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Australian consumer confidence has dropped to its lowest level in three years, with such a sustained dip not being seen since the... Read More
Apple Shares Close At Record High
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June 13, 2023
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Apple shares jumped 1.6 per cent at the end of trading to close at an all-time high of A$272.08. The Californian tech... Read More
OZ Spending Growth Slows As Inflation Bites
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June 6, 2023
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Household spending rose 6 per cent in April year-on-year, not even keeping up with the artificial growth caused by rising inflation. According... Read More
RBA Modelling Shows 80% Likelihood Of Recession
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May 12, 2023
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Modelling done by the Reserve Bank last September and only now released under a FOI request shows that Australia is at an... Read More
Microsoft To Sack 10,000+ Workers Today
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January 18, 2023
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Microsoft will announce thousands of job cuts today, totalling around 5 per cent of its 220,000-strong workforce. That means roughly 11,000 employees... Read More
Google Searches For ‘Sell My Home Fast’ Jump 2,750%
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August 3, 2022
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Fears of a recession have seen a 2,750 per cent spike in Google search results for the phrase “sell my home fast”.... Read More
