Rate rises and war push consumer confidence into death spiral
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Source: The Age
Published: 2026-03-24 10:06 UTC+10:00
Section: Politics / Federal
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Middle East, Military & Defence, Iran, Economy & Finance, Business & Economy, War & Conflict
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Snippet:
The combination of spiralling petrol prices, the war in Iran and the Reserve Bank’s latest interest rate rise has crashed consumer confidence to its lowest level on record.
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