# Mortgage-holder confidence falls to its lowest since 1994

https://mins.news/en/item/136713

- The Guardian, 2026-11-10 05:17 UTC
- Economy
- Original: https://www.theguardian.com/australia-news/2026/nov/10/mortgage-holders-confidence-crashes-to-lowest-level-since-1994-as-year-that-feels-like-a-recession-looms

> 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.