Household Finance Confidence Breaks Down

Digital Finance Analytics has today released the Household Finance Confidence index to June 2017, and the news is not good. Overall the index has dropped below the neutral setting and appears to be trending lower. The current reading is 99.8% compared with 100.6 in May. The fall is being driven by a confluence of issues, … Continue reading “Household Finance Confidence Breaks Down”

Household Financial Confidence Waned In May

The results from the latest Digital Finance Analytics Household Finance Confidence Index to end May 2017 is released today, and shows a lower overall score of 100.6, down from 101.5 last month. This is firmly in the neutral zone, but households with mortgages are feeling the pinch and the index is set to go lower … Continue reading “Household Financial Confidence Waned In May”

Household Finance Confidence Wobbles

Digital Finance Analytics has released the latest edition of the Household Finance Confidence index, to end March 2017. The index fell slightly to 102.5 from 103.4, but is still slightly above a neutral setting. Looking at the property segments, we find that whilst owner occupied households are a little more confident, property investor confidence fell, … Continue reading “Household Finance Confidence Wobbles”

Household Finance Confidence Slips After Christmas Binge

We have released the latest edition of the Digital Finance Analytics Household Finance Confidence Index, to end January 2017 today, which is a barometer of households attitudes towards their finances, derived from our rolling household surveys. The aggregate index fell slightly from 103.2 in December to 102.68 during January, but is still sitting above a … Continue reading “Household Finance Confidence Slips After Christmas Binge”

Positive Property News Supports Household Finance Confidence

The latest Digital Finance Analytics Household Finance Confidence Index, to end December is released today. Overall household confidence is buoyant, and above the neutral setting. Sitting at 103.2, it is up from 100.02 in November. The property “fairy” has been generous in that property is the key to the index at the moment, with positive … Continue reading “Positive Property News Supports Household Finance Confidence”

Household Finance Confidence Higher Again

The latest data from the Digital Finance Analytics Household Finance Confidence Index shows a further improvement, with the November score now just above the 100 neutral position at 100.02. This is up from 98.2 in October, and the first time since 2014 we have been above the neutral setting. The full effect of recent rate … Continue reading “Household Finance Confidence Higher Again”

Household Financial Confidence Higher as Rates Fall

We release the October edition of the Digital Finance Analytics Household Finance Confidence Index (FCI) today. Overall average confidence is up again, as a direct response to the RBA rate cut, and property owning households are the more confident. The index reached 98.2, up from 97.1 last month, and is trending towards the long term … Continue reading “Household Financial Confidence Higher as Rates Fall”

Household Financial Confidence Improves, If You Hold Property

The latest edition of the Digital Finance Analytics Household Finance Confidence Index (FCI) to end September 2016 is released today. Using data from our household surveys we examine how households regard their overall financial position. The composite index rose from 95.8 in August to 97.2 in September, the highest reading for a couple of years, … Continue reading “Household Financial Confidence Improves, If You Hold Property”

Household Financial Security Confidence Improves Again

The latest edition of the Digital Finance Household Finance Confidence Index, to end August is released today. Overall the index rose again, from 95.1 to 95.8. Household costs were relatively contained, whilst many received a boost from the RBA cash rate cut. Some savers were able to take advantage of higher term deposit rates, although … Continue reading “Household Financial Security Confidence Improves Again”

Household Finance Confidence Holds

The latest Digital Finance Analytics Household Finance Confidence index, for July 2016 is released today. The index, which measures households’ attitudes to their finances, stands at 95.17, down a little from last month from 95.21, and below the long term average of 100. However, there are wide variations among households. Households with savings in bank … Continue reading “Household Finance Confidence Holds”