How confident are you with spending your hard-earned cash right now? How secure does your job feel? When was the last time you had a pay rise? Is your business firing, or floundering?
If the sum of the countless factors impacting our economy wasn’t complicated, we wouldn’t need economists. But when you break that down to what impacts on you and whether you have money to spend – or not – it starts to get very simple. And that’s where we come in.
The Wallet is a regular blog exploring the economic, political and social influences on consumer confidence in Australia. Are we spending or saving, and why? And what does this mean for businesses relying on Australians splashing the cash, and governments looking for businesses to have confidence to invest?
Distilling daily reporting in Australian media into a hip-pocket-sized summary, The Wallet is your up-to-date diary of what’s causing Australians to spend or save right now, and into the future.