Consumer confidence at 4-year low as people fret about the future

Consumer confidence at 4-year low as people fret about the future
Rebecca Howard
By Rebecca Howard Sept. 27 (BusinessDesk) - Consumer confidence fell to its lowest level in four years as people grew more wary about the future, but low interest rates mean people still think it's a good time to buy big-ticket items.  The ANZ-Roy Morgan consumer confidence index fell to 113.9 in September from 118.2 in August with the current conditions index down 1 point at 126 and the future conditions index down 6 points at 106.  Confidence remains below the historical average of 120 as "consumers are particularly wary about what t...

More Finance

Willis can do more to fix banking competition
Finance

Andrew Body: Willis can do more to fix banking competition

A competitive banking system needs more than lower capital adequacy ratios.

Andrew Body 02 Apr 2025
Credit card issuers fear ComCom proposals
Finance

Credit card issuers fear ComCom proposals

The proposed regulations will stifle banking competition, says Mastercard.

Pattrick Smellie 02 Apr 2025
RBNZ signals U-turn on bank capital requirements
Finance

RBNZ signals U-turn on bank capital requirements

A major shift at RBNZ's first public outing since Adrian Orr's sudden departure.

Pattrick Smellie 31 Mar 2025
Grenon seeks to end ‘futile’ NZME board stoush
Finance

Grenon seeks to end ‘futile’ NZME board stoush

It's time for the current board to fold 'em, says coup orchestrator. 

Pattrick Smellie 26 Mar 2025