ANZ Roy Morgan weekly consumer sentiment survey.
- Dropped 2.5% on the week to 81.6
ANZ comments:
- fell for a 2nd straight week
- concerns about the economic outlook and household finances
- The RBA’s 50bp hike last week weighed, with confidence falling for those people paying off a mortgage by a sharp 5.4%.
More:
- Since late April confidence amongst mortgage holders is down 25%, while confidence for renters is down just 4%
This release tends not to be much of a forex mover upon release.