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11 Sep 2013
Flash: Australia's Westpac Consumer Confidence up next - Westpac
FXstreet.com (Barcelona) - In less than 20 minutes, at 00.30 GMT, Australia publishes the Sep consumer sentiment reading from Westpac & Melbourne Institute, a survey that was conducted last week ahead of the Australian election outcome.
Key Quotes from Westpac
"Given the polls moved further in favour of the Coalition as 7 Sep drew closer, it will be worth watching if the expected election result helps the headline reading, as appeared to occur with business sentiment in Aug."
"The breakdown by voting intention has consistently showed much higher optimism among Labor voters than Coalition voters."
"The headline index rose 3.5% in Aug to 105.7, bang in line with the average of the past 10 years but well above the long term average of 101."
Key Quotes from Westpac
"Given the polls moved further in favour of the Coalition as 7 Sep drew closer, it will be worth watching if the expected election result helps the headline reading, as appeared to occur with business sentiment in Aug."
"The breakdown by voting intention has consistently showed much higher optimism among Labor voters than Coalition voters."
"The headline index rose 3.5% in Aug to 105.7, bang in line with the average of the past 10 years but well above the long term average of 101."