newsCO.com.au | Rate rise fears hit consumer confidence
November 15, 2017
Fear of rising home loan rates and political uncertainty could be behind a monthly fall in consumer confidence, with pessimists now outnumbering optimists.
The Westpac Melbourne Institute Index of Consumer Sentiment fell 1.7 per cent in November to 99.7, ending the previous month’s short-lived recovery and taking the index below the 100-point mark above which optimists outnumber pessimists.
Westpac chief economist Bill Evans said the citizenship saga in federal parliament and media coverage of possible mortgage rate rises may be unnerving households.
★Jordan Duran-“Master Hypnotherapist & Coach – Online, By Phone, In Person – Worldwide– End the Hurt. For Rapid RESULTS–Contact Jordan Duran.”
★Girl Collection Fashion—CGFASH
★BOOKr..“JUST Book Me On BOOKr”
★BLOGr..“Write it On BLOGr The Social Blog”
★newsCO Top 10
★Twitter—The New York Guardian
–Top Twitter To Follow:
★Checkusin—Cheapest Hotel – Flight Deals Online
★newsCO.com.au #1 News in a FLASH – Contact Us