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Consumer sentiment tanks on Trump turmoil

April 8, 2025 - 11:16 -- Admin

The Trump administration’s tariffs and the associated stock market rout have had an immediate negative impact on Australian consumer sentiment. Westpac’s Consumer Sentiment Index dropped 6% to 90.1 in April, falling to a six-month low. Sentiment was 10% lower amongst those surveyed following the US tariff announcement. Perversely, consumers were less confident on the prospect

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