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Australian Consumer Confidence for January Hits 30-year Low

Australian consumer confidence plunged to its lowest January reading since 1992 and the overall lowest since October 2020, . ....

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BHP warns on earnings, Sony drops on Microsoft Activision deal

BHP flags hit to earnings, despite bumper iron ore shipments, Sony drops after Microsoft move on Activision. ....

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Westpac: Consumer sentiment "surprisingly solid" in January

Westpac: Consumer sentiment "surprisingly solid" in January
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Australia's consumers' sentiment drops slightly despite omicron worries

Australian consumers appear to have fewer concerns over the omicron variant compared to other COVID-19 strains, according to a recent report by an Australian bank. Australia’s Westpac-Melbourne Institute Index of Consumer Sentiment went down by only 2 percent in January, in what was deemed as a “surprisingly solid” result. The delta variant prompted a higher 5.2 percent drop ....

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Regulators to tread lightly on macro changes: ANZ

Regulators would look to avoid a “sharp crackdown” on lending at a time when monetary and fiscal policy are aimed at bolstering the economy, according to an economist. ANZ senior economist Felic ....

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