It’s turning into an historic plunge for the put-upon consumer. From the weekly ANZ/Roy Morgan measure, down another 3.4 points to 100.4 today:
The third lowest print in thirty years! Some of this is bound to reverse but we’re not taking to our new economy too well…
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
Latest posts by David Llewellyn-Smith (see all)
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