{"id":50922,"date":"2024-04-10T04:28:39","date_gmt":"2024-04-10T04:28:39","guid":{"rendered":"https:\/\/thepatientinvestor.com\/?p=50922"},"modified":"2024-04-10T04:28:39","modified_gmt":"2024-04-10T04:28:39","slug":"australian-consumer-sentiment","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2024\/04\/10\/australian-consumer-sentiment\/","title":{"rendered":"Australian consumer sentiment"},"content":{"rendered":"

The Westpac Melbourne Institute Consumer Sentiment Index declined 2.4% to 82.4 in April, from 84.4 in March.<\/p>\n

\"Consumer<\/p>\n

The pessimism that has dominated the consumer mood for nearly two years now is still showing few signs of lifting. The latest Index read is well below the \u2018neutral\u2019 level of 100, meaning pessimists outnumber optimists by over 15ppts. It is also in line with the average recorded over the last 24 months, marking an extended period of bleak sentiment reads by historical standards. Indeed, outside of the deep recession of the early 1990s, this is easily the second most protracted period of deep consumer pessimism since we began surveying in the mid-1970s, with all other sentiment slumps lasting nine months or less.<\/p><\/blockquote>\n

Source<\/h4>\n

Westpac: Consumer sentiment sinks back towards historic lows, 9 April 2024<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Westpac Melbourne Institute Consumer Sentiment Index declined 2.4% to 82.4 in April, from 84.4 in March. The pessimism that has dominated the consumer mood for nearly two years now is still showing few signs of lifting. The latest Index read is well below the \u2018neutral\u2019 level of 100, meaning pessimists outnumber optimists by over … <\/p>\n

Continue reading “Australian consumer sentiment”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40,3761],"tags":[6429],"class_list":["post-50922","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","category-gdp-and-activity","tag-westpac-melbourne-institute-consumer-sentiment-index"],"yoast_head":"\nAustralian consumer sentiment - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Australian consumer sentiment - the patient investor\" \/>\n<meta property=\"og:description\" content=\"The Westpac Melbourne Institute Consumer Sentiment Index declined 2.4% to 82.4 in April, from 84.4 in March. The pessimism that has dominated the consumer mood for nearly two years now is still showing few signs of lifting. 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Not a good time to buy stocks -- other than gold -- I suggest.","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63049,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/11\/11\/australia-big-jump-in-consumer-sentiment\/","url_meta":{"origin":50922,"position":1},"title":"Big jump in Australian Consumer Sentiment","author":"Colin Twiggs","date":"November 11, 2025","format":false,"excerpt":"Key Points The Westpac\u2013Melbourne Institute Consumer Sentiment Index jumped to 103.8 in November from 92.1 in October. Improving consumer demand and housing market sentiment lifted the index to its first positive reading since early 2022. NAB business confidence for October remains above its long-term average. The Westpac\u2013Melbourne Institute Consumer Sentiment\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"Westpac\u2013Melbourne Institute Consumer Sentiment Index","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-11-11-aus-sentiment.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-11-11-aus-sentiment.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-11-11-aus-sentiment.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-11-11-aus-sentiment.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":35680,"url":"https:\/\/thepatientinvestor.com\/index.php\/2022\/07\/12\/australia-consumer-sentiment-falls\/","url_meta":{"origin":50922,"position":2},"title":"Australia: Expect more rate hikes despite falling sentiment","author":"Colin Twiggs","date":"July 12, 2022","format":false,"excerpt":"The Westpac Melbourne Institute Index of Consumer Sentiment fell 3.0% to 83.8 in July, from 86.4 in June. The index is approaching levels only seen during the 2008 global financial crisis and 2020 COVID pandemic. The ANZ-Roy Morgan Consumer Confidence Index similarly recorded a 3.7% drop in the past two\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"Westpac Melbourne Institute Index of Consumer Sentiment","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-07-12-aus-sentiment.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-07-12-aus-sentiment.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-07-12-aus-sentiment.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":50405,"url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/03\/26\/australia-consumer-sentiment-still-weak\/","url_meta":{"origin":50922,"position":3},"title":"Australia: Consumer sentiment still weak","author":"Colin Twiggs","date":"March 26, 2024","format":false,"excerpt":"The Westpac Melbourne Institute Consumer Sentiment Index declined 1.8% to 84.4 in March, from 86 in February..... Consumers are still deeply pessimistic and becoming more concerned about the economy\u2019s near-term outlook. ~ Westpac Four of the five sub-indexes recorded declines in March, with the biggest move a 4.5% fall in\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"Australian Consumer Sentiment","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-03-26-aus-consumersentiment.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-03-26-aus-consumersentiment.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-03-26-aus-consumersentiment.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":38625,"url":"https:\/\/thepatientinvestor.com\/index.php\/2022\/11\/08\/westpac-consumer-sentiment-falls-below-gfc-low\/","url_meta":{"origin":50922,"position":4},"title":"Westpac consumer sentiment falls below GFC low","author":"Colin Twiggs","date":"November 8, 2022","format":false,"excerpt":"The Westpac Melbourne Institute Consumer Sentiment Index plunged to 78.0 in October, below the 79.0 low point of the 2008 global financial crisis and close to its April 2020 low at the outbreak of the COVID pandemic. Faced by the triple threat of rising inflation, rising interest rates and soaring\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"Australia: Westpac Consumer Sentiment","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-11-08-aus-sentiment.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-11-08-aus-sentiment.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-11-08-aus-sentiment.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":2621,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/12\/13\/westpac-bulletin-consumer-sentiment-falls\/","url_meta":{"origin":50922,"position":5},"title":"Westpac bulletin: Consumer sentiment falls","author":"ColinTwiggs","date":"December 13, 2011","format":false,"excerpt":"Westpac Melbourne Institute Index of Consumer Sentiment fell by 8.3% in December....... Risk aversion increased markedly in this survey. When asked about \u201cthe wisest place for savings\u201d 26.6% of respondents nominated \u201cpay down debt\u201d. That was an increase from 18.7% in September. Since we started measuring that component in 1997\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/50922","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=50922"}],"version-history":[{"count":2,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/50922\/revisions"}],"predecessor-version":[{"id":50940,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/50922\/revisions\/50940"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=50922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=50922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=50922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}