Confidence lifts for third time in past month

Source: CommSec – Economic Insights According to Commsec, the ANZ/Roy Morgan consumer confidence rating rose by 1.0 per cent to 110.5 in the latest week – the third rise in the past four weeks. Confidence levels bounce around from week to week, but CommSec believes that broadly Aussie consumers are just feeling OK. “If anything, consumers are […]

Commsec: Aussies spending on experiences

We’re going to the cinema, taking short breaks and focusing on holidays, with tourist destinations like Tasmania recording healthy spending results despite lacklustre overall spending, according to the latest data from Commsec research. Craig James, Chief Economist at Commsec has reported that economy-wide spending has remained flat over April, with annual trend growth in sales […]