Happy days: Consumer confidence hits 10-year high as we shrug off pandemic

Wednesday December 09, 2020

Australian consumer confidence was at a 10 year high and people have wiped away the bad memories of the pandemic, according to Westpac’s consumer confidence index.

Consumer confidence is at its highest level in 10 years (AAP Image/Dan Himbrechts)

Despite the fact that the world is still reeling from the impacts of the pandemic and many western countries are still in lockdown, Australians are very bullish about the future.

Westpac reported this morning that its index was 48 per cent above the low in April and had reached its highest level since October 2010…

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