Search Results for: household confidence

Household Financial Confidence Weakens In July 2020

The latest edition of our Financial Confidence Index, just released, reveals further weakness as COVID shut downs and constraints bite in VIC and NSW. We discussed this on our recent live stream event. We had been tracking some positive movements after the March fall, but in July we dropped back to 74.19, well below the … Continue reading “Household Financial Confidence Weakens In July 2020”

Household Financial Confidence Hit Again

The latest results from our household surveys reveals that after a small recovery last month, confidence has deteriorated again. This is data to mid July, and includes the recent impact of renewed lock-downs in some areas. Indeed, significantly the Melbourne lock-down, and the broader concerns about COVID are responsible for the latest falls. No V-shaped … Continue reading “Household Financial Confidence Hit Again”

Household Financial Confidence Off The Mat – Just!

Our latest household financial confidence index improved a little in April, up from 73.2 in March to 75.8 in April. That said, it is still well below the 100 which is a neutral setting, meaning that households are extremely cautious about their finances.  Across our wealth segments, those free affluent households recovered the most mainly … Continue reading “Household Financial Confidence Off The Mat – Just!”

Household Financial Confidence Crashes

The latest edition of the DFA household surveys, up to 31st March 2020 reveals in painful detail the impact of the current health emergency. Not that confidence was particularly strong beforehand, thanks to the high costs of living, and flat real incomes for several years. But the shock of the economic freeze, and rising joblessness … Continue reading “Household Financial Confidence Crashes”

Household Financial Confidence Balks

The latest data from our household surveys to the end of February 2020 shows that the impact of Covid-19 are hitting home. The index dropped again, into uncharted territory, to an all time low of 80.2. I even had to change the scale of the chart to accommodate the fall! We ask households to compare … Continue reading “Household Financial Confidence Balks”

Household Financial Confidence Finds A Floor

The latest results from our household surveys revealed that household financial confidence recovered just a little in recent weeks, but is still in ultra-low territory and well below the neutral 100 measure, at 81.4. So far, the impact of virus concerns have not translated into households finances, whereas the bushfires, floods and other local events … Continue reading “Household Financial Confidence Finds A Floor”