Consumer confidence hits four-year low, Westpac data shows, as house price expectations also tumble

As reported by The West Australian · Updated 10 Nov, 00:19 · Archive

Australia’s consumer confidence has tumbled deeper into pessimistic territory after the Reserve Bank raised interest rates for a fifth time this year to tackle stubbornly strong inflation.

Consumer confidence hits four-year low, Westpac data shows, as house price expectations also tumble — Image: The West Australian

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Consumer confidence hits four-year low, Westpac data shows, as house price expectations also tumbleAustralia’s consumer confidence has tumbled deeper into pessimistic territory after the Reserve Bank raised interest rates for a fifth time this year to tackle stubbornly strong inflation.The West Australian · 10 Nov, 00:19