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consumer sentiment

Grim warning for Aussie house prices

A housing expert has warned property markets could be “fragmented” next year amid a country-wide rebound of house prices, as a new report tips prices to rise up to 4 per cent alone.PropTrack’s latest Property Market Outlook report, released…

Gen Z streaming slump hits Australia

Australia’s lucrative $3bn subscription video on demand market is confronting a new headwind from cost-conscious young Australians, with four in 10 Gen Zs cancelling a streaming service in the past three months.National Australia Bank,…

Trend first-home buyers are ignoring

First-home buyers have defied odds with new figures showing more took out mortgages in September despite the cost of living crunch. Monthly new loan commitments for first-home owner-occupiers jumped 1.4 per cent over the month to $4.6bn,…

Why Gen Z Aussies are different

Gen Z Australians are saving hard to splash out on “once-in-a-lifetime” moments as part of a generational move to make up for time lost to the pandemic, according to the latest consumer survey from one of Australia’s biggest banks. NAB’s…

Record bounce back fuelling housing crisis

Australia’s house price recovery continued in April, with PropTrack’s dwelling values index recording a 0.1 per cent monthly rise to be up 1.4 per cent from its December trough.Sydney, the market which led the downturn, is now leading the…

Major clue over RBA’s next rate move

Aussie homeowners are being battered by increasingly brutal interest rate rises – but there could be some relief on the horizon.According to Westpac’s latest survey released on Tuesday, consumer sentiment remained unchanged at 78.5 in March…

Woolies’ warning of Christmas shortage

Christmas is just around the corner but one supermarket giant is already warning there could be shortages of some holiday favourites.Amid the cost of living crisis, supply shortages, a pandemic and new wave of cyber crimes, Aussies are…