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Brexit and Australian consumer confidence

July 01, 2016

While British shoppers put away their wallets, doom and gloom from the Brexit referendum hasn’t heavily impacted Australia’s retail sector.

Despite the recent financial turmoil, ANZ-Roy Morgan consumer confidence index fell 1.7 per cent, however it remains above the monthly average.

Although, Felicity Emmett, Head of ANZ Australian Economics warns that Australians are still vulnerable to the fortunes of the global economy.

To read more about the impact of the Brexit click here.


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