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Home General News Consumer confidence down again, RBA ahead – Australian Associated Press

Consumer confidence down again, RBA ahead – Australian Associated Press

Australians continue to feel anxious as the COVID-19 pandemic sinks the economic outlook, in another worry for the Reserve Bank as it sits down for its monthly board meeting.

The latest ANZ-Roy Morgan weekly consumer confidence index fell for a sixth straight week, declining 0.4 per cent, to be at its lowest level since late April.

ANZ head of Australian economics David Plank warned the latest survey for last week does not capture the impact of the extended…

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