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AAP
AAP
Business
Poppy Johnston

Gains for consumer confidence again

ANZ Inflation Reserve Bank of Australia

Consumers have regained some of their confidence after sentiment plummeted following the August interest rate hike.

Consumer confidence grew for the second week in a row despite weak wages growth and expectations of more interest rate hikes.

Up by 1.7 per cent, confidence is now at its highest level since June based on the latest ANZ-Roy Morgan survey.

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