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Consumer confidence hits annual low

Stark dip amid economic worries

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Australia Q1 inflation slowdown disappoints, rate cut bets gone

SYDNEY: Australian consumer price inflation slowed less than expected in the first quarter as service cost pressures stayed stubbornly high, a disappointing result for policymakers that led markets to abandon hopes for any rate cuts this year.

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Consumer confidence drops to lowest point of 2024

Consumer confidence drops to lowest point of 2024
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Australia's Q1 inflation slowdown disappoints

Australia's Q1 inflation slowdown disappoints
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Australian Dollar: Rate-Cut Hopes Derailed By Inflation Data Shock

Surprisingly high Q1 inflation in Australia cast doubts on RBA rate cuts this year, supporting AUD gains and pushing GBP/AUD to three-month lows below 1.91.

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Live updates: ASX tipped to open higher, Wall Street has positive session

Live updates: ASX tipped to open higher, Wall Street has positive session
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ANZ-Roy Morgan Consumer Confidence drops 3.2 points to 80.3 – the lowest so far this year

ANZ-Roy Morgan Consumer Confidence dropped 3.2pts to 80.3 this week to its lowest level so far this year. The index has now spent a record 64 straight weeks below the mark of 85.

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Australian consumer confidence dips

This as financial worries grow

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2024 High Inflation Expectations Stir Consumer Confidence

2024 High Inflation Expectations Stir Consumer Confidence
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ANZ-Roy Morgan Consumer Confidence drops 0.9 points to 81.9 as Australians less confident about personal finances

ANZ-Roy Morgan Consumer Confidence was down 0.9pts to 81.9 this week. The index has now spent a record 62 straight weeks below the mark of 85.

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