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Bill Evans

Thursday, June 30

One quarter of nation's economy in lockdown a threat to recovery

Treasurer Josh Frydenberg has joined prominent economists in saying the extended lockdown in NSW will have a big impact on the national economy.

Happy days: Consumer confidence hits 10-year high as we shrug off pandemic

Australian consumer confidence was at a 10 year-high and people have wiped away the bad memories of the pandemic, according to Westpac’s consumer confidence index.

(Photo: Kraken Images/Unsplash)

Dear Santa: Survey shows buoyant mood for a 'normal' Christmas despite virus

Australians are priming for a significant return to spending and real estate is on the Christmas wish list, according to the Westpac-Melbourne Institute consumer sentiment report.

Economic growth storming back, recession may already be over says Westpac

Westpac has signalled the end of the recession with the bank claiming growth returned in the September quarter and would probably stronger again in the December quarter.

Hot property: Why Westpac is tipping Queensland house prices to surge 20 per cent

Westpac is predicting a rise of 20 per cent in Brisbane house prices over the next two years, the highest in Australia, but not before some pain.

Game-changer subsidy will halve the impact on jobs, say experts

Economists have declared the massive wage subsidies to keep Australians in work amid the coronavirus crisis a game-changer that will nearly halve the otherwise expected job losses.