Aussie household buying intentions plummet

Tuesday 30 August 2022

The weekly ANZ-Roy Morgan consumer confidence index fell 0.7% last week, driven by a sharp fall in household buying intentions:

Confidence down on lower buying intentions.

The key movements were as follows [my emphasis]:

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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.