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Results ‘very surprising’, says Westpac economist, adding ‘consumers are feeling more relaxed’ because international crises no longer dominating media

Consumer confidence has surged, buoyed by continued positive news around house prices and reduced concerns over the international outlook.

Whether such confidence translates into equally robust spending habits is open to question as wage growth remains at its slowest pace in nearly 20 years.

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Source: The Guardian Circular Economy RSS

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