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Tax cuts land with a whimper not a bang

July 17, 2024 - 12:00 -- Admin

ANZ with the note. ANZ weekly consumer confidence is going backwards amid the first few weeks of tax cuts: Consumer confidence fell 0.5pts last week to 78.5pts. The four-week moving average fell 0.5pts to 79.8pts. •‘Weekly inflation expectations’ rose 0.2ppt to 5.1%, while its four-week moving average rose 0.1ppt to 5.0%. •‘Current financial conditions’ (over

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