An upbeat consumer confidence survey from Westpac.
Consumer confidence rose +6.3 per cent in June to 93.7 as the economy reopens:
Source: James Foster
Consumers have evidently been cheered by 11 consecutive days with no community transmission of COVID-19 in New South Wales, while many other states and territories have all but eradicated the virus.
House price expectations lifted +10.5 points in June, while the time to buy a dwelling index held up at a very solid 107.6.
A pretty remarkable recovery in confidence in June, with job security a key driver of expectations.
Housing finance was unsurprisingly flaccid in April, albeit far higher than a year earlier.
House price expectations lifted +10.5 points in June, while the time to buy a dwelling index held up at a very solid 107.6.
Source: Westpac
A pretty remarkable recovery in confidence in June, with job security a key driver of expectations.
Housing finance was unsurprisingly flaccid in April, albeit far higher than a year earlier.
