Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Australian consumer confidence rebounds amid stable rates and rising incomes, despite a recent dip.

flag Australian consumer confidence is rebounding despite a 3.1% September dip, fueled by lower interest rates and higher disposable incomes, with household financial sentiment at its best since early 2022. flag Spending has risen 5% over the past year but remains below optimism levels, indicating room for growth. flag Unemployment stabilized at 4.2%, with labor market indicators suggesting little change, supporting expectations for stable rates. flag RBA Governor Michele Bullock’s decision to hold rates steady has tempered cut expectations, while New Zealand may cut rates by 50 basis points due to weak GDP. flag In the U.S., a government shutdown delayed data, yet Wall Street closed at record highs, and Australian shares rose.

25 Articles