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ANZ-Roy Morgan Consumer Confidence increased 2.2pts to 100.1 as ‘Omicron surge’ of COVID-19 appears to peak in mid-January and begin to decline
Consumer confidence has slumped as Omicron has created a self-imposed or Clayton’s lockdown. And the reading for January hasn’t been as bad as this since the recession of 1991! But what’s the broader story?
The latest wave of COVID-19 is putting pressure on small businesses in Melbourne’s CBD, with revenues similar to, or even less than, lockdown levels.
By Wayne Cole SYDNEY (Reuters) - Australian consumer confidence took a battering last week as an explosion in coronavirus cases triggered self-imposed...
Spending and consumer confidence has plunged during the omicron virus wave.