Westpac Consumer Confidence Index (s.a.) for August
– +7.8% m/m to 99.5
A much better reading than last month .. but still below 100 (the crossover from net pessimism to optimism, or from optimism to pessimism, depending on direction … but you know what I mean). Mind you its been under 100 for 16 of the past 18 months … so no surprise in that.