Feb 11, 2015
Australia consumer confidence soars to 13-month high
Westpac's Australian consumer sentiment surged to its highest in 13 months in February, after a seasonally adjusted 8% increase to 100.7, with the lowering of interest rates by the RBA last month, a relentless rally in the Australian equity market and falling oil prices, helping to lift up optimism among family finances and the economy.
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