Business
Budget delivers confidence boost as Labor presents alternative vision – The New Daily
Consumers are feeling more confident about the economy than at any time since July 2018 in what looks to be a ringing endorsement of the federal budget.
Consumers are feeling more confident about the economy than at any time since July 2018 in what economists have described as a ringing endorsement of last week’s federal budget.
The Westpac-Melbourne Institute Index of Consumer Sentiment surged by 11.9 per cent in October to 105 points, which was 10 per cent higher than the average score over the six months before the pandemic.
Westpac has asked households every year since 2010 whether the federal budget would “improve their finances”.
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