GDP, housing keeps Aussie household sentiment in doldrums

13 March 2019

 

During most of the period between 2014 and 2018 a divergence between consumer sentiment and business confidence in Australia was evident. Normally, the two sectors could be expected to generally track the same path, so an extended difference between the two was somewhat unusual. Around July 2018, the two sectors converged again and they are once again largely in line with each other. Unfortunately, this synchronisation occurred around levels which...

read full story