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Australian weekly consumer sentiment survey hits its highest since May 2022

A number under 100 for the ANZ-Roy Morgan Australian Consumer Confidence index indicates net pessimism

For the latest survey, its come in at 89.8 and its highest since May 2022:

Still pessimistic but not as much.

The Reserve Bank of Australia rate cut and still strong jobs numbers are cited by ANZ as the reason for jump in the week.

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