Consumer confidence jumps 8.3 percent, aided by stimulus payments
It seems consumers are still thinking positively, despite the fact that Australia is now in a recession with The Westpac-Melbourne Institute Index of Consumer Sentiment increasing by 8.3 percent in April, from 85.6 in March to 92.7. Westpac Chief Economist, Bill Evans was surprised by such a big jump. “This is a surprisingly strong result. […]