Tag Archives: newvehiclesales

New motor vehicle sales lower in Qld than before financial crisis

New motor vehicle sales data for April released by the ABS yesterday support the RBA Board’s decision to cut the cash rate on Budget day earlier this month, with sales down 2.5% in April nationwide, and down 7.7% in Queensland, … Continue reading

Posted in Macroeconomy, Uncategorized | Tagged , , , , , , , , , | 2 Comments

Vehicle sales affected by weak consumer confidence & Gen Y habits

New motor vehicle sales in Queensland in August were almost 9% lower than in August 2013, according to ABS data released yesterday. There are at least three contributing factors: persistently weak consumer confidence (see Consumer sentiment slumps as budget worries … Continue reading

Posted in Brisbane, Housing, Transport | Tagged , , , , , , , | 4 Comments