Tuesday, June 9, 2026

HomeBusiness NewsConsumer confidence drops to lowest level since October 2020

Consumer confidence drops to lowest level since October 2020

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Consumer confidence usually rises in January, but not this year as sentiment is dented by the Omicron wave with unprecedented daily COVID case rates for Australia, workplaces and supply chains under strain due to infections, and far fewer financial supports available compared to previous waves.

A…



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