Summary: Household sentiment deteriorates in May; back to just above the dismal levels; 60% of fall attributable to May budget, remaining 40% to RBA increase and other factors; all five sub-indices lower; more respondents expecting higher jobless rate. 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 measures then...