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FX.co ★ Australian Consumer Confidence Improves as Westpac Sentiment Rises in August

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typeContent_19130:::2026-08-18T00:30:00

Australian Consumer Confidence Improves as Westpac Sentiment Rises in August

Consumer confidence in Australia strengthened in August, with the Westpac Consumer Sentiment indicator rising to 6.0%, up from 4.1% in July 2026. The latest reading, updated on 18 August 2026, points to a continued improvement in household sentiment over the late winter period.

The August gain suggests that Australian consumers are feeling more optimistic about their financial outlook and the broader economic environment than they were a month earlier. While the specific drivers of the improvement were not detailed, the data underline a positive shift in mood that could support spending and overall economic momentum in the months ahead.

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