RBA rate cuts spark biggest confidence jump in 42 months of economic pessimism

By Yajush Gupta · 20 August 2025 · News

RBA rate cuts spark biggest confidence jump in 42 months of economic pessimism

Full details: RBA rate cuts spark biggest confidence jump in 42 months of economic pessimism

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Summary

After 42 months of consumer pessimism, confidence jumped to 98.5, just 1.5 points from positive territory. RBA rate cuts are working, economists say.