Rates, inflation undermine confidence

By Colin Brinsden, Aap Economics and Business Correspondent
Updated May 10 2022 - 4:36am, first published 4:33am
Retail spending grew 1.2 per cent in the March quarter after the impact of COVID-19 Omicron.

Confidence among Australians fell to a 20-month low after the first official interest rate rise in more than decade, while business sentiment has been jarred by rising cost pressures.

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