April 14, 2026
Image default
politics

Australia’s weak consumer confidence boosts case for rate pause

Australia’s shopper confidence held close to a 30-year low as households fretted over mounting price of dwelling pressures and additional coverage tightening, bolstering the case for the Reserve Financial institution to carry rates of interest subsequent month.

Shopper sentiment was unchanged at 78.5 in March, a Westpac survey confirmed on Tuesday, the second straight month of extraordinarily weak readings.

Source link

Related posts

US finalising Pacific co-operation deals

Richard

Perth Scorchers list boss Kade Harvey confident of keeping squad together for next year as Andrew Tye re-signs

Richard

Wigan docked three points for not paying player wages

Richard

Leave a Comment