{
  "id": 12317601,
  "title": "Australian consumer confidence plunges to worst level since 1990s after RBA rate rise",
  "url": "https://urgent.news/2026/10/06/australian-consumer-confidence-plunges-to-worst-level-since-1990s-12317601",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-06T05:54:21.000Z",
  "source": {
    "name": "The Guardian Australia",
    "slug": "the-guardian-australia",
    "url": "https://www.theguardian.com/australia-news/2026/oct/06/consumer-confidence-index-interest-rate-rise-australia-rba-housing-renter-mortgage"
  },
  "original_language": "en",
  "account": null,
  "summary": "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…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Guardian",
        "title": "Australian consumer confidence plunges to worst level since 1990s after RBA rate rise",
        "url": "https://urgent.news/2026/10/06/australian-consumer-confidence-plunges-to-worst-level-since-1990s",
        "published": "2026-10-06T05:54:21.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}