Original article by Michael Mehr
News.com.au – Page: Online : 25-Sep-19

The latest ANZ-Roy Morgan Australian Consumer Confidence data shows that the number of consumers who think now is a good time to buy a major household item has fallen to its lowest level since 2009. ANZ economist Felicity Emmett says this is disappointing given the federal government’s income tax cuts. ANZ-Roy Morgan consumer confidence index data is closely monitored by the Reserve Bank, which is widely tipped to reduce the cash rate again in October.

CORPORATES
AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, ROY MORGAN LIMITED, RESERVE BANK OF AUSTRALIA, WESTPAC BANKING CORPORATION – ASX WBC, UNIVERSITY OF MELBOURNE. INSTITUTE OF APPLIED ECONOMIC AND SOCIAL RESEARCH