Westpac with the note.
- Consumer Sentiment rises 6.2% to 89.8, a two and a half year high.
- Consumer expectations for interest rates fall sharply.
- Cost-of-living pressures continue to moderate, but progress remains slow.
- Consumers see finances broadly stabilising over the year ahead.
- Home-buyer sentiment improves slightly but still downbeat overall.
- House price expectations tick up, gain centred on Victoria and New South Wales.
The Westpac–Melbourne Institute Consumer Sentiment Index rose 6.2% to 89.8 in October from 84.6 in September.
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