Aussie consumer confidence is crashing

Tuesday 10 August 2021

ANZ-Roy Morgan Aus Consumer Confidence lost 3.1% as lockdowns hit south-east Qld and Victoria. Confidence fell below neutral for the first time since just after Victoria’s long second lockdown (1 Nov 2020). #ausecon #ausbiz @DavidPlank12 @arindam_chky @roymorganonline pic.twitter.com/vuBl5zLrmJ
— ANZ_Research (@ANZ_Research) August 9, 2021

Not sure what else you would call it.

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. 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.