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:
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.