ABC News & Headlines – Australian Broadcasting Corporation·5 min read·hard
The economy is strong yet consumer sentiment is rock bottom
A
Alan Kohler✦AI Summary
Despite positive macroeconomic indicators like low unemployment and steady growth, Australian consumer sentiment remains at record lows. The article attributes this disconnect to high household debt and long-term housing affordability issues.
Australians are as pessimistic about the economy and as pissed off as they have ever been. So much so they are turning to Pauline Hanson. ( ABC News: Ian Cutmore )
economypolitics
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