Business

Australian Consumer Confidence Plunge

Updated 2026-10-06 06:10 UTC 1 source Negative

Consumer confidence in Australia has dropped to its lowest level since the 1990s following a Reserve Bank interest rate rise.

Coverage timeline — 1 article
The Guardian
Key indicator dropped about 20% after the Reserve Bank last month announced the highest interest rates since 2011Get our breaking news email, free app or <a href="h
2026-10-06 05:54 UTC
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