Summary: Household sentiment deteriorates in March; index fall “no surprise” given floods, inflation concerns, higher interest rates; all five sub-indices lower; conditions “supportive” due to strong balance sheets, excess savings, rising income growth; Unemployment Expectations index lower. After a lengthy divergence between measures of consumer sentiment and business confidence in Australia which began in 2014, confidence readings of the two sectors converged again in mid-July 2018. Both readings then deteriorated...