property market

Australian consumers remain positive despite slow housing market and higher oil prices, report shows

by Ray Clancy on April 27, 2011

in Money, Business and Finance

Despite difficulties, Aussies remain positive

Consumers in Australia are more confident as interest rates remain on hold and job prospects are increasing although sentiment has been dented by the earthquake in Japan and unrest in North Africa and the Middle East, an index reveals.

The Westpac-Melbourne Institute index of consumer sentiment in Australia rose 1.2% in April from March. The index rose to 105.3 points in April in seasonally adjusted terms from 104.1 points in March. [click to continue…]

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