Consumer Sentiment in Australia Remains Weak Amidst Talk of Rate Hikes and Tax Cuts =============== #aac29bac ver:0.3 Consumer sentiment in Australia remains weak as interest rates and living costs continue to put pressure on households. Mortgage stress is increasing, but most borrowers are still meeting their repayments. The Reserve Bank of Australia has left interest rates on hold, but there is talk of potential rate hikes. The Australian economy has remained resilient, but factors such as high household debt and constrained housing supply are starting to wear thin. Tax cuts and measures slated to come into effect in July are expected to ease pressures faced by households. #Australia #ConsumerSentiment #InterestRates #Inflation #MortgageStress... #newstr #Australia #ConsumerSentiment #InterestRates #Inflation #RetailTrade #BusinessSector #StockExchange https://here.news/story/aac29bac?ver=0.3