Australian consumer confidence, weekly survey, jumped in the first week of 2025

ANZ remarks on the result:

• ANZ-Roy Morgan Consumer Confidence jumped 3.6pts in the first week of 2025, reaching a top-three result since the start of 2023.
• We expect more upward momentum this year as tax cuts, rising real wages and rate cuts support households.

87.5 is still very pessimistic (100 is the neutral level).

This article was written by Eamonn Sheridan at www.forexlive.com.