Consumers show confidence

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10 June 2015

 

The latest ANZ-Roy Morgan weekly index of consumer confidence indicates that it was flat at 113.5 points, still 11% higher than the same period last year. ANZ chief economist Warren Hogan said, "Solid growth in house prices continues to be supportive for confidence but household fundamentals outside of housing remain weak amid low wages growth, a soft labour market, and high household debt."

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