Pete Wargent blogspot

CEO AllenWargent Property Buyers, & WargentAdvisory (institutional). 6 x finance author.

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Wednesday, 10 February 2016


A brief sift through the internet suggests that over recent years consumer confidence in Australia has been stuck, weighed down, sapped, set to fall, retraced, faded, fallen, fallen again, dropped, dropped sharply, plummeted, and crashed.

"Plummets" and "crashes" have been particular favourites - if I could be bothered I'd draw up a chart.

In fact, Westpac's Consumer Sentiment Index shows that consumer confidence is neither higher nor lower than the long run average. 

Well, maybe it's a smidgeon higher. 

But basically average.