Modest rise in consumer confidence but households set for disposable-income boost

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Wed, 18 Jun 2025

Consumer confidence continues to tread water, but households could soon receive a back-pocket boost of hundreds of dollars, says a Westpac economist.The Westpac McDermott Miller Consumer Confidence index rose two points to 91.2 in the June quarter.Westpac senior economist Satish Ranchhod said it was a modest rise after the sharp eight-point fall in the previous quarter, leaving consumer confidence a fair bit below average levels.Anything below 100 indicates a pessimistic view.“It’s been a bumpy and uncertain few months, and many New...

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