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CreditorWatch Blog

Business spending defies challenges

Business spending defies challenges

Commbank’s latest Business Sales Indicator (BSI) report shows Australian businesses are continuing to respond positively to Government stimulus measures. According to the report, June sales are maintaining momentum and growing at a solid pace. “June’s BSI provides a solid indication that now is a promising time for Australian businesses. Sales figures continue to reach record […]

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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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