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Australian Westpac consumer sentiment falls -0.3% mom amid budget disappointment

Australia Westpac Consumer Sentiment index fell by -0.3% mom to 82.2 in May. Westpac highlighted that the primary takeaways from the May survey are "no let-up in the weak consumer environment" and the cautious mindset of consumers. Consumers are more inclined to use funds from fiscal measures to repair their finances rather than go on spending sprees, which aligns with RBA's efforts to bring inflation back to target. ....

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Australian dollar stabilizes, consumer sentiment next

The Australian dollar has started the week with slight gains, after sliding 0.86% on Friday. In the European session, AUD/USD is trading at 0.6530, up 0.24%. ....

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Aussie extends losses, consumer confidence next

The Australian dollar continues to lose ground. In the European session, AUD/USD is trading at 0.6657, down 0.43%. In Australia, consumers remain pessimistic ....

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Australia Consumer Sentiment Deteriorates In November

Australia's consumer confidence deteriorated in November as the interest rate hike added further pressure on family finances and reignited fears of rising cost of living and the prospect of further rate rises to come, survey results from Westpac showed on Tuesday. ....

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