Article

Sydney Morning Herald on 2023-05-16 14:00

Budget hits consumer confidence, taxes drain shoppers’ spending power

Consumers, reeling from higher interest rates and last week’s budget, are expected to slow their spending in part due to a higher tax take.

Related news

Government pressured to bring forward spending after consumer confidence dives Sydney Morning Herald
South Australia , China
Consumer confidence surges in May news.com.au
Melbourne , China
Rate cut boost consumer confidence news.com.au
Melbourne , Greece
Consumer confidence plunges in Sept news.com.au
Melbourne , China
Consumer confidence cools amid GST talk Sydney Morning Herald
Consumer confidence falls ahead of budget news.com.au
Melbourne
Australia’s Buoyant Confidence Sign Of Strong Spending tntribune.com
Australia , Wall Street , Melbourne , Bourke Street Mall , Western Australia
Shoppers shun tax-cut fuelled spending leaving a 'tepid economy'Sydney Morning Herald
Australia
Surprise bounce in consumer confidence as global market worries ease Sydney Morning Herald
Beijing , Greece , Europe , China
Consumer confidence eases slightly news.com.au
Rates may approach zero, NAB says, as consumer confidence dips Sydney Morning Herald
Consumer confidence lifts on budget, cheaper credit, Westpac survey says Sydney Morning Herald
Consumer confidence in housing at lowest level in 40 years Sydney Morning Herald
United States , Australia
Household spending continues at pace despite dropping confidence Sydney Morning Herald
Interest rate cut gives consumer confidence modest boost Sydney Morning Herald
Australia
Consumer confidence, spending carrying economy reviewtimes.com
Toledo , Findlay
Spending and consumer confidence slumping Sydney Morning Herald
Northern Territory , Australia , New South Wales , Australia
This Week: Consumer confidence, GDP, consumer spending Seattle Times