Oz Blog News Commentary

Consumer confidence flatlines

June 2, 2015 - 10:32 -- Admin

By Leith van Onselen The ANZ-Roy Morgan Research consumer confidence index was unchanged in the week ended 31 May, remaining at 113.5  – marginally above the long-run average of 113.2 (see next chart). According to chief economist, Warren Hogan, confidence is being upheld by positive reactions to the federal budget as well as continued house

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