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Consumer confidence up, but ‘still a long way short’

Brooke Corte
Article image for Consumer confidence up, but ‘still a long way short’

The consumer confidence index has jumped to its highest level in four years.

But does that actually mean we’re increasingly confident?

Senior Economist with Westpac Matthew Hassan tells Ross Greenwood “it’s better than it was”.

“We’re slightly optimistic… but it’s a far cry from what I would call strongly optimistic.

“We’re still a long way short with those levels that are associated with a real consumer that’s got a swing in its step.”

Listen to the full interview below

Brooke Corte
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