Westpac monthly Consumer Confidence Index down to 98.2 from Augusts's 100.0

  • Pessimism back in the ascendency (only just)

Westpac (in brief):

  • continued pressure on family finances
  • concerns about the near term outlook
  • rising concerns about the economy and the global backdrop
  • There was a comparable lift in the proportion reporting employment news as 'unfavourable' as well

AUD a few points lower