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CreditorWatch Blog

Post-budget business confidence holds, but nevertheless poor

Post-budget business confidence holds, but nevertheless poor

Australian business confidence continues to stay around the level it hit following the Government Budget unveiled in May, yet it still remains below the five-year average of 117.2. The latest figures released from Roy Morgan Research’s Business Confidence report revealed a 114.8 result in June, which follows a jump of 9.6 points to 114.7 in […]

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Overseas economic woes cause drop in Australian consumer confidence

Overseas economic woes cause drop in Australian consumer confidence

Most of the upswing in consumer confidence that came as a result of the Government’s Budget has been reversed this week, according to the latest ANZ-Roy Morgan Consumer Confidence findings. Consumer confidence fell 4.6 per cent, dropping to 111.0. The economic outlook for the next year dropped by 8.2 per cent, while the economic outlook […]

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