EconomyMortgage-holder confidence falls to its lowest since 1994

A Westpac survey found confidence among Australian households with mortgages at its lowest since 1994, while overall consumer sentiment fell to a four-year low. Pessimism over the economy and cost-of-living pressures are growing, even as markets increasingly anticipate a rate cut next year and the government faces pressure to curb spending.

Australian economymortgage holdersconsumer confidenceinterest rates

TThe Guardian★★★☆☆2026-11-10 05:17Original