Australia Consumer Sentiment Aug 2025: 5.7% vs 0.6% prior
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Consumer Sentiment Index jumped 5.7% to 98.5, the highest in 3½ years, almost back to positive territory
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RBA’s third rate cut this year (cash rate now 3.6%) was the main driver of the boost
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Family finances outlook improved: next 12 months sub-index rose to 106.8 (above long-run average)
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Economic outlook stronger: next 12 months at 101.2, next 5 years at 98.4, both above historical norms
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Housing sentiment surged: ‘time to buy a dwelling’ up 10.5% to 97.8 (4-year high), while house price expectations remain very bullish at 164.2
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Labour market confidence steady: unemployment expectations index dipped to 125.6, consistent with stable jobs
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Gains were broad-based across households, not just mortgage holders; renters also saw improved sentiment
This article was written by Arno V Venter at investinglive.com.
