Australia August Melbourne Institute client sentiment +2.8% vs -1.1% prior

• Prior was -1.1%
• Index rises to 85

“Consumers breathed a small sign of relief in August as the RBA Board left interest rates unchanged and the support coming from tax cuts and otehr fiscal measures became more apparent,” said Westpac senior economist Matthew Hassan.

Particular strength came in the ‘family finances’ section, which jumped 11.7%.

This article was written by Adam Button at www.forexlive.com.