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AAP
AAP
Business
Poppy Johnston

Spring brings brighter outlook as rate hike fears fade

Fading chances of further interest rate hikes have brightened the mood among consumers. (Luis Ascui/AAP PHOTOS)

Consumers can see light at the end of the tunnel as fears of further interest rate hikes fade.

As signs of improving consumer and business confidence emerged, minutes from the Reserve Bank of Australia's last meeting confirmed the case to lift interest rates again was not explicitly discussed.

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