Households ignore house price and stock market falls: Westpac

14 November 2018

 

During most of the period between 2014 and 2018 there has been a divergence between consumer sentiment and business confidence in Australia. The two sectors appeared to have converged again in July but then September’s survey indicated consumer sentiment had deteriorated while business sentiment had recovered slightly. This latest survey suggests the two sectors may have once again synchronised with each other. According to the latest Westpac-Melbourne Institute survey conducted...

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