Daily Archives: 15/07/2010

Consumers confident about the future

The RBA’s decision to keep rates on hold has helped buoy consumer confidence. The Westpac–Melbourne Institute Consumer Sentiment Index rose by 11.1 per cent in July – the strongest monthly jump since June 2009. According to Westpac’s chief economist Bill Evans, Australians are more upbeat about the future of the economy, thanks to the latest pause in rates and the ...

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