Australian weekly consumer confidence survey fell again, to 77.7 (prior 79.8)

ANZ - Roy Morgan consumer confidence survey conducted weekly.

Comes in at a dreadful 77.7

• prior 79.8

ANZ remarks:

• RBA’s surprise rate rise likely lowered confidence to its eighth-weakest result since March 2020.
• Confidence sat below 80 for a 10th straight week, the longest stretch since the 1990-91 recession.

Maybe it can pop next week after tonight:

• Australian federal govmt budget Tuesday - expected to show the first surplus in 15 years

Slimy politicians and simpleton media will be playing up the surplus. Never mind that higher tax receipts from your wage are a major contributing factor. Along with higher commodity prices (and inflation in general).

Anyway, I should stop whining ;-)

AUD/USD barely moving.