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Rate hike prospects smack consumer sentiment

January 13, 2026 - 11:11 -- Admin

Westpac measures headed for Hades. In January, Westpac-Melbourne Institute Consumer Sentiment fell 1.7% to 92.9. The move is driven by deteriorating perceptions of the near-term prognosis. Now, over two thirds of customers anticipate an increase in mortgage rates in 2026. Customers are less optimistic about their employment prospects. Most people between the ages of 18

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