Doubts have been raised over whether Scott Morrison’s big election promise to deliver tax cuts of up to $1,080 per person can be delivered in the next financial year as Federal Parliament looks unlikely to return before June 30.
Despite low levels of trust, most banking customers are willing to share their data with their banks so long as their needs are met, according to a global study by Accenture.
Consumer confidence took a hit last week as Australians’ perceptions of the economy took a negative turn after the RBA’s decision to leave interest rates unchanged, ANZ analysts say.
Australians are feeling the pinch of stagnant income growth, as the cost of living remains the biggest cause of consumer anxiety – and it’s having an impact on their savings.