The Westpac Melbourne Institute Index of Consumer Sentiment rose by 3.9% in November from 97.8 in October to 101.7 in November. This is the highest print for the Index since January 2014. The Index is now 8.3% higher than in September, immediately preceding the change of leadership in the government. In addition to the usual detail on housing; employment; finances and the outlook, the November edition also includes a discussion on consumers' Christmas spending plans. (VIEW LINK)
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