Australian Economy

Consumer confidence brushes aside Sydney virus outbreak

Leith van Onselen
Wednesday, 14 July 2021
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The ANZ-Roy Morgan consumer confidence index rose 2.0% to 110.0 points in the weekend of 11-12 July despite the worsening virus outbreak in Sydney and the extension of the city’s hard lockdown.

ANZ consumer confidence

Unexpected rebound.

The key movements in the sub-indices were as follows:

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About the author
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.