Interest rate rises push household finances towards pandemic lows, confidence plunges - ABC News

7/11/2022 12:00:00 AM2 years 9 months ago
by Michael Janda

Australians are still spending record amounts of money, but surveys show that could change quickly as interest rate rises send consumer confidence towards pandemic lows.

Australians are still spending record amounts of money, but surveys show that could change quickly as interest rate rises send consumer confidence towards pandemic lows. Key points: