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”

Household Finance Confidence Improves In June – DFA

The latest edition of the Digital Finance Analytics Household Finance Confidence Index to end June is released today. Overall confidence improved again, to 95.21, although this is still below the long-term neutral score of 100 which we fell below in 2014. Despite Brexit, the indecisive election result, and stock market volatility, the average financial confidence … Continue reading “Household Finance Confidence Improves In June – DFA”

Household Finance Confidence Still Low In March

The latest data from our Household Finance Confidence Index showed little change in the month of March 2016, moving from 88.11 to 88.14 when averaged across all households. As the findings from last month therefore remain current, this will be a brief  update this time around. Confidence is still below the neutral setting of 100, … Continue reading “Household Finance Confidence Still Low In March”

Household Finance Confidence Falls Again In February

The February edition of the Digital Finance Analytics Household Finance Confidence Index, released today, fell from 89.24 to 88.11, and remains below a neutral setting. A range of factors have led to this latest fall. Savings was one area of concern, because with stronger concerns about the property sector, and volatile stock markets, more households … Continue reading “Household Finance Confidence Falls Again In February”

Household Finance Confidence Takes A Dive

In the latest edition of the DFA Household Finance Confidence Index, to end January 2016, we see a marked fall in overall confidence, down from 91.46 to 89.24. This reverses the improvement we saw in the last quarter of 2015. Households with investment property and stock market investments registered the strongest declines. Those in WA … Continue reading “Household Finance Confidence Takes A Dive”