Bill Evans Harp Quotations

Confidence is steadily improving from the lows of the second half of 2005, when sharp rises in petrol prices and interest rates uncertainty hampered consumers.

With debt servicing ratios at record highs, house prices likely to remain soft and petrol prices stressing some household budgets a sharp resurgence in consumer spending seems unlikely,

The sharp fall in confidence does provide a warning signal that there are ongoing concerns with Australian consumers,