by Freshagenda | Feb 13, 2025 | Australia, News
Australian consumer sentiment has stalled in the first months of 2025, after improving materially in the second half of 2024 according to the latest Westpac-Melbourne Institute Consumer Sentiment index. The index edged up 0.1% in February to 92.2, up from 92.1 in...
by Freshagenda | Jan 16, 2025 | Australia, News
The Westpac-Melbourne Institute consumer sentiment survey dipped in January to 92.1, down 0.7% from the month prior. Consumers’ assessment of their finances compared with a year ago reversed December’s gains. Other forward looking measures were more stable; with...
by Freshagenda | Jan 16, 2025 | Australia, News
Australia’s monthly consumer price index (CPI) indicator rose 2.3% in the 12 months to November 2024, compared to 2.1% in the prior month. The food and non-alcoholic beverages category was a top contributor alongside higher prices for alcohol, tobacco as well as...
by Freshagenda | Dec 19, 2024 | Australia, News
Consumer confidence faltered in December, according to the Westpac-Melbourne Institute consumer sentiment index, which dropped 2% to 92.8. The drop reflect renewed pessimism about the economic outlook, with the sub-index for the next 12 months plunging 9.6% to 91.2,...
by Freshagenda | Dec 12, 2024 | Australia, News
The Australian Bureau of Agricultural and Resource Economics (ABARES) latest Agricultural Commodities Report forecasts the value of ag production will rise 7% YOY in 2024/25. Production value is estimated at a total of $88.4bn and if achieved, it will be the second...
by Freshagenda | Nov 28, 2024 | Australia, News
Beston Global Food Company will cease operations after administrator KPMG failed to find a buyer. Several potential parties expressed interest in the South Australian-processor but KPMG said the process failed to secure a buyer in the time frame required. The...
