Summary: Household sentiment improves in April; “strong recovery” attributable to RBA’s April decision; households’ reaction comparable to that of July 2010; all five sub-indices higher; fewer 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 deteriorated gradually in trend terms, with consumer...