Consumer confidence rebounds

11 October 2017

 

In recent months, commentators and economists have pointed to a divergence between consumer sentiment and business confidence in Australia during 2017. Surveys indicated business confidence has been trending up since 2013, while measures of consumer sentiment have been bouncing around a level just on the pessimistic side of neutral. According to the latest Westpac-Melbourne Institute Consumer Sentiment Index, households were more optimistic than a month ago as the Index reading...

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