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flag Australian consumer confidence hits three-year high of 95.9, boosted by lower interest rates and inflation.

flag Australian consumer confidence rose by 4% in March, hitting a three-year high of 95.9, driven by the Reserve Bank's first interest rate cut since 2020 and slower inflation. flag Mortgage holders and potential homebuyers saw the biggest boosts in confidence. flag Despite this, the overall outlook remains cautiously optimistic. flag Meanwhile, the total value of Australian homes hit a record $11 trillion, though growth has slowed. flag Persistent concerns include international trade tensions and business confidence slipping into negative territory.

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