JobKeeper anxiety is eroding consumer confidence – survey

Tuesday March 16, 2021

Australians are becoming a little anxious about the demise of the JobKeeper wage subsidy that is due to finish at the end of the month.

Anxiety about the end of JobKeeper is eroding confidence (Photo: ABC)

The weekly ANZ-Roy Morgan consumer confidence index dropped 0.9 per cent, more than halving the gain of the previous week.

Most of the sub-indices declined, the biggest drop being respondents’ views on their current financial conditions which declined 2.5 per cent.

“It is possible the drop in confidence could be linked to consumers being apprehensive about…

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