Westpac has released its Consumer Sentiment report for August, which recorded the 9th consecutive score below 100 – the threshold separating “optimists” from “pessimists”. From The ABC:
The pessimists have outnumbered optimists for the ninth consecutive month.
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Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
