The Westpac-Melbourne Institute Consumer Sentiment Index is above 100, which means optimists outnumber pessimists.
but its a close run thing
For the month: -0.6% to 102.4
- previous month was +0.2%
While there is no expectations survey conducted for this indicator it was thought it'd fall back on house price softness and financial market volatility niggles. Against a background of slow wage growth and high household debt.