Australian Westpac / Melbourne Institute Consumer Confidence for April is +9.4% on the month to a still dismal 85.8

  • expected +0.9%, prior 0.0%
  • prior was 78.4

Westpac report citing:

  • The decision by RBA Board to pause is the key to this resurgence.
  • Confidence is now at its highest level since June 2022
  • Confidence is still weak – 10.4% below April last year before the tightening cycle.
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