In November 2025, the Westpac-Melbourne Institute Consumer Sentiment Index for Australia experienced a significant jump, rising by 12.8% month-over-month to reach 103.8. This marks the index's first venture above the 100 threshold since February 2022. Aside from the disruptions caused by COVID-19 in 2020 and 2021, this latest figure represents the most optimistic outcome seen in seven years, attributed to more definitive signs of economic recovery and a reduction in external risks.