ANZ-Roy Morgan Australian Consumer Confidence fell by 0.7% last week, partially reversing the rise of 1.5% in the previous week. The fall was due to the declines in sentiment regarding economic conditions and buying a major household item.
ANZ-Roy Morgan Australian Consumer Confidence bounced 1.5% last week, more than reversing the prior week’s 1.3% fall. Slight falls in sentiment towards future finances and current economic conditions were offset by solid improvements in views towards the remaining sub-indices.
ANZ-Roy Morgan Australian Consumer Confidence firmed 1.0% last week, on the back of a 2.1% bounce in the prior week. The headline increase was primarily driven by a sharp rise in the ‘time to buy a household item’ sub-index.
ANZ-Roy Morgan Australian Consumer Confidence fell a sharp 3.5% last week, its third straight weekly fall. Confidence declined across all subindices, with particularly sharp falls in views towards future financial and economic conditions.
ANZ-Roy Morgan Australian Consumer Confidence slipped 0.6% last week, following a 0.8% decline in the previous week. A sharp improvement in households’ optimism regarding ‘future financial conditions’ was outweighed by deterioration in sentiment across the remaining subindices.
Headline ANZ-Roy Morgan Australian Consumer Confidence fell for the fourth straight week, down 0.2% to 120.1. The details were mixed – three out of five subindices posted gains, but the headline was weighed down by falls in sentiment around current financial conditions and ‘time to buy a household item’.
Headline ANZ-Roy Morgan Australian Consumer Confidence fell for the third straight week, down 0.8% to 120.4. The details were mixed – consumers’ optimism around financial conditions was outweighed by their concerns on economic conditions.
The headline ANZ-Roy Morgan Australian Consumer Confidence fell a touch (-0.6%) from the previous week to 121.4. The four week moving average ticked up to 120.8, the highest in four months. Two out of the five sub-indices showed declines this week, while one was steady.
ANZ-Roy Morgan Australian Consumer Confidence weakened slightly (-0.7%) over the week to 122.1, a solid performance following the large 5.6% jump the previous week and leaving the index comfortably above its long term average.
ANZ-Roy Morgan Australian Consumer Confidence slipped 1.0% last week to 116.5, following a 3.2% decline in the previous week. The details were subdued, with three out of five subindices posting declines.
ANZ-Roy Morgan Australian Consumer Confidence rose for the sixth straight week – up 0.7% to 121.6, the highest in 15 weeks. The details were somewhat mixed: while views towards financial conditions improved, households were less optimistic about economic conditions.
ANZ-Roy Morgan Australian Consumer Confidence rose for the fifth straight week – up 1.0% to 120.8, the highest in 14 weeks. The details were broadly positive with four out of five subindices posting gains.
ANZ-Roy Morgan Australian Consumer Confidence inched up another 0.3% to 119.6 last week – the highest in 13 weeks. The details were mixed, with a solid rise in ‘time to buy a household item’ offset by falls in three of the remaining subindices.
ANZ-Roy Morgan Australian Consumer Confidence rose a modest 0.7% last week to 119.2 – its highest value in 11 weeks. The details were mixed: a rise in views towards current financial and economic conditions was offset by lower expectations of future economic conditions.
Small business sales up 2.8% y/y in October 2011
Year-to-date sales growth remains relatively weak with growth of just 1.9%
Services and trades sectors continue to outperform retailers
Restaurants retain the best growth rates this month
Queensland and New South Wales record positive growth
Regional and rural small businesses outperform metropolitan-based businesses
ANZ Research today released a new report examining China’s shift from investment-led to
consumption-driven growth which predicted Australia’s exports to China could double to
around A$250 billion by 2030.
A major new study of the gold market published today by ANZ estimates the price of gold could exceed USD2,400/oz by 2030, fuelled by the liberalisation of Asia’s financial system and growing wealth of its populations.
ANZ today released new research that revealed talking about money is a taboo for women, with the overwhelming majority of Australian women (98%) saying that their money issues and
concerns are off the conversation agenda.
I want to briefly address four topics: our view of the economy; our response to these economic conditions; the significant improvements we are making for customers and the community; and our commitment to anti-money laundering laws.
ANZ today announced underlying profit of $2.8 billion and statutory profit of $2.7 billion for the half year ended 31 March 2011 both up 3% on the preceding half (HOH). Underlying profit was 23% higher than for the prior corresponding period (PCP) while statutory profit was 38% higher PCP.
ANZ today announced an agreement to acquire Suncorp Bank from Suncorp Group Limited, accelerating the growth of its retail and commercial businesses while also improving the geographic balance of its business in Australia.