No budget bounce: May consumer sentiment survey

Australian households may not be feeling particularly confident at the moment but then again, they do not feel particularly pessimistic, either. The Westpac–Melbourne Institute survey of households over the period 8 May to 13 May gave results which in overall terms are not much different from the survey in April although the “evidence around the labour market in this survey is somewhat more encouraging.” The Westpac-Melbourne Institute consumer sentiment index...

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