Australian consumer confidence plunges to worst level since 1990s after RBA rate rise
Key indicator dropped about 20% after the Reserve Bank last month announced the highest interest rates since 2011 Get our breaking news email , free app or daily news podcast Australian households are the most persistently pessimistic they have been since the early-1990s recession, after a fourth rate rise this year. Confidence among Australian consumers has plunged about 20% since the Reserve…
We haven't written up this one. The Guardian has the full story — the link below goes straight to it.
