Consumer confidence cracks and spending plummets amid rate rises | 9 News Australia

Consumer confidence cracks and spending plummets amid rate rises

For the first time in almost a year, Australian consumers are spending less by per cent, in what may be a sign that consecutive interest rate hikes are finally taking a This drop in consumer confidence comes…

RBA hikes interest rates for seventh consecutive month | 9 News Australia

RBA hikes interest rates for seventh consecutive month | 9 News Australia

The Reserve Bank of Australia has increased interest rates for the seventh consecutive month — bumping them up by 25 basis points to per cent #9News #BreakingNews #NineNewsAustralia #9NewsAUS