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The weekly ANZ-Roy Morgan consumer confidence survey was released yesterday afternoon, which fell another 1.8% to a neutral result of 100.0:
Four out of the five sub-indices registered losses last week with the consumer sentiment index now down 14.2 points from its 23 May peak:
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According to David Plank, head of Australian economics at ANZ:
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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.
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