The Westpac/Melbourne Institute finds Christmas spending outlook is at seven-year high and suggests Turnbull prime ministership has raised confidenceMalcolm Turnbull’s ascent to the prime ministership appears to occupy helped raise consumer confidence: the Christmas spending outlook is at a seven-year high.The Westpac/Melbourne Institute index shows consumer sentiment rose by 3.9% in November to 101.7 points, indicating there are more optimists approximately the economy than pessimists. Related: Turnbull has improved confidence. But what the economy needs is more spending | Greg Jericho This is a cracking resultContinue reading...
Source: theguardian.com