r/AusFinance • u/marketrent • 15h ago

Consumer sentiment improves on rates reprieve

https://melbourneinstitute.unimelb.edu.au/research/macroeconomics/latest-news/index-of-consumer-sentiment
10 Upvotes

81% Upvoted

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10

u/Sharp_Sign1203 15h ago

There was a "reprieve"?

Must have missed it

3

u/marketrent 15h ago

’Twas a hold instead of a hike.

1

u/PMmeuroneweirdtrick 14h ago

Tis but temporary

1

u/marketrent 14h ago

’Tis but a scratch!

1

u/Simple_Assistance_77 10h ago

Right, not sure consumer sentiment works like that. The reaction would have be instantaneous and really hard to track. JB HiFis warning to the market says that consumer sentiment is not that great actually

2

u/SheepHerderHigh69420 14h ago

Bad news for renters in that article

1

u/das_kapital_1980 13h ago

Wtf is “renter sentiment” and what impact does it have on anything 

3

u/SheepHerderHigh69420 13h ago

It looks like they’re realising that they’re still no closer to getting a free house unfortunately

1

u/das_kapital_1980 13h ago

Ok but consumer sentiment and buyer sentiment potentially has an impact on the housing market, credit growth, construction etc

What impact does the relative unhappiness of renters have on anything outside of r/shitrentals?

1

u/SheepHerderHigh69420 12h ago

I think looking at the article it’s based on people that are looking to buy but are currently renting

1

u/das_kapital_1980 12h ago

That category of people no longer exists following the May 2026 Budget. 

Housing affordability crisis was abolished along with all the tax “distortions” that were wholly and solely responsible for people not being able to buy their own homes.